Market Report, "Israel Pharmaceuticals & Healthcare Report Q3 2014", Published
The use of the reference pricing mechanism by Israel will lead to further price reductions on medicines. Israel's basket of reference countries is continuing to focus on pharmaceutical prices as a way to contain escalating healthcare costs. Overall, Israel's pharmaceutical industry is well developed and export-driven. It is also a very attractive prospect for multinationals looking to launch innovative medicines due to a greater need for specialty treatments, thereby capitalising on the country's strong academic research infrastructure. Favourable factors include...
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