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STAT+: Europe tries to lower drug prices with small doses of transparency



For countries in Europe, negotiating a deal with a pharma company over drug prices is the equivalent of a David and Goliath matchup. Payers have little leverage to push back against prices and terms set by pharma companies, causing many to accept demands for confidentiality in exchange for a discount.

Increasingly, though, some European governments are calling for an end to the secrecy in a bid to rein in drug prices.

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