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Page 1 1 Highlights 1 Disclosure 1 Page 2 3 Pricing Analysis 3 Table Title: Exhibit 1: Our analysis of underlying drug prices in the US and Europe: Biopharma companies ranked by net reference price (US net price divided by UK price (MIMS) or Europe Top-5 price (HHS approach)) 3 Page 3 4 Table Title: Exhibit 2: Our Pricing Analysis: Therapeutic categories ranked by net reference price (US net price divided by Europe Top-5 price) 4 Page 4 5 Executive Summary 5 Page 5 6 Executive Summary (CONT) 6 Page 6 7 Executive Summary (CONT) 7 Page 7 8 Executive Summary (CONT) 8 Page 8 9 The US Drug Pricing Landscape 9 US healthcare expenditure growth 9 Page 9 10 Graphics Title: Exhibit 3: Hospital and physician services represent half of total healthcare expenditure 10 Graphics Title: Exhibit 4: Pharmaceutical spending as % healthcare spending 10 Page 10 11 Graphics Title: Exhibit 5: Pharmaceutical spending total (USD/capita) 11 Graphics Title: Exhibit 6: Healthcare spending as % GDP 11 Page 11 12 Why are US drug prices among the highest in the world? 12 Graphics Title: Exhibit 7: Complexity of the US healthcare system 12 Page 12 13 Why are US drug prices among the highest in the world? (CONT) 1

Author

pdfg

Language

EN