Pricing & Market Access

Terms for how medicine prices are set and negotiated and how patients gain access to new treatments.

  • Topic: Pricing & Market Access
  • 40 terms
  • Editor reviewed

3 terms

Generic DrugGeneric Medicine, Multisource Drug

A pharmaceutical product with the same active ingredient as an approved brand-name drug, demonstrated bioequivalent and typically approved through an abbreviated pathway.

Generic SubstitutionGeneric Interchange, Generic Swap

The practice of dispensing a generic drug in place of a prescribed brand-name product, typically permitted once a bioequivalent version is available.

Gross-to-NetGross-Net Reduction, List-to-Net Reduction

The overall reduction from a drug's publicly listed gross price to the actual net price realised after rebates and discounts.