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Updated: May 29, 2026

Drug Repurposing Hypothesis Generation Using the "RE:fine Drugs" System
Published on: December 11, 2016
Paying the right price for pharmaceuticals: a case study of why the comparator matters
Jean M Spinks1, Jeff R J Richardson
1Centre for Health Economics, Monash University, Clayton, VIC 3800, Australia. jean.spinks@buseco.monash.edu.au
Abstract:
This article considers the pricing policy for pharmaceuticals in Australia, which is widely seen as having achieved low drug prices. However, compared to New Zealand, the evidence implies that Australia might have improved its performance significantly if it had proactively sought market best pricing. The Australian record suggests that the information sought by authorities may not be sufficient for optimal pricing and that the economic evaluation of pharmaceuticals may be neither necessary nor sufficient for achieving this goal.
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