German of the day: Preisgestaltung

That means pricing policy.

U.S. Launches Trade Investigation Against Germany Over Drug Prices – Washington accuses Berlin of underpaying for innovative drugs. If the investigation yields corresponding results, punitive tariffs could even be imposed.

The U.S. has launched a trade investigation against Germany regarding drug pricing. According to several media reports, Washington intends to examine whether innovative drugs are systematically underpaid on the German market, causing U.S. patients to bear a comparatively high share of research and development costs.

I want a new drug

Can’t have it.

Unless…

Trump’s drug pricing war comes for Germany – U.S. and German officials are meeting in secret to talk about drug prices.

U.S. embassies across the continent are being mobilized to deliver a message to European capitals: American patients are paying too much for medicines — around three times more than Germany for new drugs — and Europe better chip in.