Recognized Sources for Foreign Price Verification and Formulas: 2019
France
The recognized price source for France is Vidal, which publishes the ex-factory wholesale price (WP) “PFHT” for reimbursed drugs in Euro (EUR). Patentees should report only the “PFHT” price.
Germany
The recognized price source for Germany is Lauer-Taxe, which publishes manufacturer list prices of drugs in Euro (EUR). Board Staff will derive the ex-factory wholesale price (WP) by subtracting statutory rebates from the list price. The formula is:
- WP = APU - Pflichtrabatt des pharmazeutischen Unternehmers (PDPU)
Lauer-Taxe also publishes the ex-factory hospital price, known as “Taxe-Klinik EK”. The Taxe-Klinik EK price will be considered only if the APU is unavailable.
Italy
The recognized price source for Italy is L'Informatore Farmaceutico, which publishes “Prezzo Ex-factory” in Euro (EUR). This is the ex-factory wholesale price (WP) for reimbursed essential drugs (Class A) and the ex-factory hospital price (HP) for reimbursed hospital drugs (Class H).
Sweden
The recognized price source for Sweden is the Dental and Pharmaceutical Benefits Agency (Tandvårds- och läkemedelsförmånsverket, TLV), which publishes the ex-factory pharmacy price (PP) “Apotekens inköpspris, AIP” for reimbursed drugs in Swedish krona (SEK).
Switzerland
The recognized price source for Switzerland is the Federal Office for Public Health (Office fédéral de la santé publique, OFSP), also known as Bundesamt für Gesundheit (BAG), which publishes the ex-factory wholesale price (WP) “Exf-Preis” is for reimbursed drugs in Swiss francs (CHF).
United Kingdom
The recognized price source for the UK is Monthly Index of Medical Specialties (MIMS), which publishes the manufacturer’s list price in British pounds (GBP). The manufacturer’s list price is treated as an ex-factory pharmacy price (PP).
United States
The two recognized price sources for the US are the Red Book and the Department of Veterans Affairs Federal Supply Schedule (FSS). The Red Book publishes a wholesale acquisition cost (WAC) price, which is equivalent to an ex-factory wholesale price (WP). The Red Book also publishes a direct price (DP). The DP may be filed as an ex-factory pharmacy price (PP) or an ex-factory hospital price (HP), but only if it differs from the WAC. The FSS price should be reported as “Other-FSS”. These prices are reported in US dollars (US$).
Notes – Rounding
Final results for wholesale, pharmacy and hospital ex-factory prices are rounded to two decimals. Intermediary calculations are not rounded.