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GOnal F Negotiations in Italy

Category: Political Science

Introduction: In 2014 and 2015, the Italian government negotiated with pharmaceutical companies to reduce spending on the fertility drug, GOnal F.

Main Explanation: GOnal F is used to treat fertility issues and is often very expensive. In 2014, the Italian government spent around 150 million euros on GOnal F. The government argued that this was too much and sought to reduce spending. Negotiations with pharmaceutical companies ensued, and in 2015, an agreement was reached. The companies agreed to lower the price of GOnal F. As a result of these negotiations, the Italian government was able to reduce its spending on the drug by about 10 million euros.

Conclusion: The GOnal F negotiations are a good example of how governments can use their power to negotiate lower prices for drugs and other medical treatments. These negotiations can help to control healthcare costs and make essential medications more affordable.