Dictionary
The Dictionary provides concise definitions of health economics terms, arranged alphabetically for quick reference. Use it to understand unfamiliar terminology or confirm the meaning of a specific term.
F
- Free PricingUnregulated Pricing, Free Market Pricing
- A pricing environment in which manufacturers set a drug's initial launch price without direct government price controls, largely the case in the US.
L
- Launch Price
- The initial price at which a manufacturer introduces a new drug to a specific market, shaping both initial access and later reference pricing.