France to call for lower drug prices at G7

Medical Xpress

22 March 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 economic growth 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.

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Michael Wonder

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Michael Wonder