France to call for lower drug prices at G7

March 22, 2016

France will announce a campaign to lower the price of new medicines, hoping world powers at the upcoming G7 meeting will put pressure on the pharmaceutical industry, its health minister said Tuesday.

President Francois Hollande will call for drug pricing to be on the agenda at the Group of Seven summit in Japan in May, French Health Minister Marisol Touraine told RMC radio.

Hollande will announce the initiative on Wednesday at a UN meeting on health and in the eastern city of Lyon, which he is co-chairing with South African President Jacob Zuma.

Touraine said Hollande would call for greater cooperation between countries on drug pricing.

"Currently each country negotiates by itself," she said.

"We should determine a process, to see how we can be stronger together to put pressure on drug prices," she added.

Touraine cited the exorbitant prices paid for Hepatitus C treatments in France as an example of the "unsustainable" costs of many drugs.

"We must determine prices in a way that is sustainable for France's social security system, and the systems of other countries, while, obviously, guaranteeing a return on investment for the industry," she said.

Explore further: Suspected Zika-linked birth defect on French island

Related Stories

Suspected Zika-linked birth defect on French island

March 22, 2016
French authorities said Tuesday there was "a very strong suspicion" that the first case of microcephaly linked to the Zika virus had been detected on the Caribbean island of Martinique.

'Major shortcomings' in French drug trial death lab: inquiry

February 5, 2016
An inquiry into the death of a man during a drug trial has found "three major shortcomings" at the French laboratory where he was being tested, the minister of health said Thursday.

France to go for plain cigarette packets in 2016

October 8, 2014
France will introduce plain cigarette packaging in 2016, Health Minister Marisol Touraine said on Wednesday, as the country seeks to stub out high smoking rates in under-16s.

France oks 'experimental treatments' on Ebola-hit nurse

September 19, 2014
France's health minister on Friday authorised "experimental treatments" for a French nurse who has contracted Ebola and is now being treated in a Paris hospital.

First sexually-transmitted case of Zika in France: minister to AFP

February 28, 2016
A first case of Zika spread through sexual transmission has been recorded in France after a woman was infected when her partner returned from Brazil, Heath Minister Marisol Touraine told AFP on Saturday.

Recommended for you

Drug overdose epidemic has been growing exponentially for decades

September 20, 2018
Death rates from drug overdoses in the U.S. have been on an exponential growth curve that began at least 15 years before the mid-1990s surge in opioid prescribing, suggesting that overdose death rates may continue along this ...

Anti-cancer drugs may hold key to overcoming antimalarial drug resistance

September 20, 2018
Scientists have found a way to boost the efficacy of the world's most powerful antimalarial drug with the help of chemotherapy medicines, according to new research published in the journal Nature Communications.

Probiotic use may reduce antibiotic prescriptions, researchers say

September 14, 2018
Use of probiotics is linked to reduced need for antibiotic treatment in infants and children, according to a review of studies that probed the benefits of probiotics, say researchers in the U.S., England and the Netherlands.

Recalled blood pressure drugs not linked to increased short term cancer risk

September 12, 2018
Products containing the withdrawn blood pressure drug valsartan are not associated with a markedly increased short term risk of cancer, finds an expedited analysis published by The BMJ today.

Sugar pills relieve pain for chronic pain patients

September 12, 2018
Someday doctors may prescribe sugar pills for certain chronic pain patients based on their brain anatomy and psychology. And the pills will reduce their pain as effectively as any powerful drug on the market, according to ...

A new approach for finding Alzheimer's treatments

September 11, 2018
Considering what little progress has been made finding drugs to treat Alzheimer's disease, Maikel Rheinstädter decided to come at the problem from a totally different angle—perhaps the solution lay not with the peptide ...

0 comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.