NorthWest Biotherapeutics Inc (NWBO): Pyrr, first of all thanks for all the aw...

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Tuesday, 06/03/2014 10:18:21 AM

Tuesday, June 03, 2014 10:18:21 AM

Pyrr, first of all thanks for all the awesome research and wonderful aggregation of ideas/thoughts.

I've been doing research (when time permits) on the German Reimbursement system and how it works. Below is a link from Ecker+Ecker that I think provides a solid overview of the process.

Key Takeaway from me is that once a Drug has been allowed to claim reimbursement, it takes 6 months for a benefit assessment followed by 6 month of price negotiation. A total of 12 months before final price is set.

If NWBO received the German approval on Feb 21, then the benefit assessment will go on till the end of August. Price negotiations will not be completed till end of Feb 2015.

I sort of rushed my review of the deck, so might have mis-interpreted the information.

http://ecker-ecker.de/pdf/ReimbursemPharmaMedDeviceGermany2013_06_06.pdf

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