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Regen Med. 2012 May;7(3):429-38. doi: 10.2217/rme.11.125.

The UK relative to other single payer-dominated healthcare markets for regenerative medicine therapies.

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1
School of Pharmacy, University of Nottingham, Nottinghamshire, NG7 2RD, UK. paxjr@nottingham.ac.uk

Abstract

The UK has for many years been considered by businesses, including those based in the UK, as at best a second market for the launch of innovative medical technology products. Historically, this has been attributed to the slow pace of adoption in its National Health Service (NHS). The NHS is perceived to be subject to cost containment, high levels of fragmentation and a lack of strategic incentives to resolve its key failings as a market. Canada and Sweden offer examples of different operating models of healthcare delivery in a single payer-dominated market, and as a consequence, have evolved with different market characteristics. Together, these economies represent an important subsection of healthcare markets that are predominantly publically funded. This report examines the barriers to market entry for regenerative medicine products in these economies and attempts to evaluate the upcoming UK healthcare reforms in terms of impact on the regenerative medicine industry sector.

PMID:
22594333
DOI:
10.2217/rme.11.125
[Indexed for MEDLINE]
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