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Make Drugmakers Pay: England’s Strategy for Cancer Medicines

  • Roche, Pfizer concerned new system has no spending limit
  • Fund reopens after four-month shutdown under NICE’s oversight
relates to Make Drugmakers Pay: England’s Strategy for Cancer Medicines
Photographer: Krisztian Bocsi/Bloomberg
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England is reopening its Cancer Drugs Fund with a crafty solution to rein in the overspending that blighted its predecessor: make drugmakers pay.

Under new rules, if the fund exceeds its 340 million-pound ($450 million) budget -- as it’s done in the past, overshooting by 37 percent in the final year before the revamp -- pharmaceutical companies will pick up the tab. And there’s no cap on that bill.