Glossary Term

IRP

International Reference Pricing (IRP) is a pricing policy in which a country sets or negotiates drug prices based on the prices of the same medicine in a defined basket of reference countries.

Illustration representing IRP
Listen to definition
Related terms
ERP VBP P&R
Further reading
Simon-Kucher 2020: 5-Step Approach to IRP Browse the HEOR resource database

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