Analytical Support for Price Legislation Negotiation between the Pharmaceutical Industry and Government

Business Imperative:
Major industry representative bodies needed deep understanding of the impact of international benchmark pricing on the South African Pharmaceutical Industry.

Complication:
Each individual company and government had vested interests to protect in the possible scenarios of legislative change, each which might not benefit the industry as a whole.

Solution:
By collating and analysing individual data from numerous companies, it was possible to scenario model the industry-wide impacts of the proposed legislative changes.

Impact/Outcome:
The analyses conducted formed a significant contribution to the process of policy negotiation and proposed legislative changes between the South African Government and the industry representative bodies.

Testimonial:
“The government has asked whether we would let them use your models in their own analysis.“
          -Board member of a leading industry representative body