§ The Minister of State, Department of Health (Ms Rosie Winterton)The seventh report to Parliament on the pharmaceutical price regulation scheme (PPRS) was published today.
The report, entitled "PPRS: Seventh Report to Parliament", covers the management and operation of the 1999 scheme, which was introduced in October 1999 including the delivery of the 4.5 per cent. price cut. It explains the Government's objectives for the scheme and gives consolidated information on company annual financial returns. The report sets out the contribution made to the economy by the UK based pharmaceutical 76WS industry and describes the review of the current PPRS and the publication of the discussion paper seeking views on options for the future.
Copies of the report have been placed in the Library.