Drug Pricing Regulation
/ˈdrʌɡ ˈpraɪsɪŋ ˌrɛɡjʊˈleɪʃən/
Definitions
- (n.) Legal frameworks and statutory measures controlling the prices of pharmaceutical drugs to ensure affordability and access.
The government enacted drug pricing regulation to prevent excessive costs for essential medications.
- (n.) Policies imposed by regulatory authorities that set pricing standards for branded and generic drugs within a jurisdiction.
Drug pricing regulation often involves setting maximum reimbursement rates for prescription drugs.
Forms
- drug pricing regulation
Related terms
See also
Commentary
This term typically appears as a noun phrase and encompasses both statutory law and administrative rules targeting drug costs. Draft definitions should clarify the dual aims of affordability and regulatory oversight.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.