Economic Law and, Financial Health
seyyed mohammad ali mirbehbehani; morteza meftahi
Articles in Press, Accepted Manuscript, Available Online from 18 February 2025
Abstract
Background and purpose: Perhaps the most important part of health is medicine. A access to Pharmaceutical Products is considered one of the pillars of human rights. This directly affects the right to health and the right to life. Considering that high-cost and highly effective pharmaceutical products ...
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Background and purpose: Perhaps the most important part of health is medicine. A access to Pharmaceutical Products is considered one of the pillars of human rights. This directly affects the right to health and the right to life. Considering that high-cost and highly effective pharmaceutical products account for a huge share of household expenses, in order to ensure relative justice in access, appropriate price determination and optimal price control methods are required.Research Method: This article has been written using the paper and e-books and articles available in real and virtual libraries in descriptive-explanatory method.Findings: Determining the price ceiling is the first step in controlling the price of pharmaceutical products, which is determined based on considerations such as cost, benefits, risks of using drugs, or market conditions. Sometimes governments do not consider any of these requirements in order to follow the free market policy. According to the nature of drugs, these controls are carried out in three categories: brand, generic and imported drugs, although some drugs may be included in the combined category. Due to the high cost and the importance of innovation, price control of brand products is more important and complicated.Conclusion: Determining the price ceiling and fighting against overselling in order to support production and innovation with the aim of supporting the consumer are necessary as ways to determine and control drug prices. For this purpose, the fight against price gouging regarding imported products is done in support of domestic production. Compulsory licensing is also another good way to control the price of branded pharmaceutical products.
