The impact of centralized electronic bidding system on procurement prices for generic medicines: A case study from Thailand
A centralized electronic bidding (e-bidding) system has recently become a key government strategy in developing mechanisms for public drug purchasing systems in Thailand. From the previous literature, e-bidding can be an effective tool for controlling the purchase price of a product in various ind...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Prince of Songkla University
2022-12-01
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| Series: | Songklanakarin Journal of Science and Technology (SJST) |
| Subjects: | |
| Online Access: | https://sjst.psu.ac.th/journal/44-6/19.pdf |
| _version_ | 1797838616080154624 |
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| author | Amarawan Pentrakan Jiun-Yi Wang Wing-Keung Wong |
| author_facet | Amarawan Pentrakan Jiun-Yi Wang Wing-Keung Wong |
| author_sort | Amarawan Pentrakan |
| collection | DOAJ |
| description | A centralized electronic bidding (e-bidding) system has recently become a key government strategy in developing
mechanisms for public drug purchasing systems in Thailand. From the previous literature, e-bidding can be an effective tool for
controlling the purchase price of a product in various industries. However, this system is still uncommon in pharmaceutical
procurement. Thus, this study aims to determine the impact of the e-bidding system on the pricing of generic medicines. Drug
procurement data from Thailand for all generic products of omeprazole injection from 2018 to 2019 were used to analyze drug
price changes before and after the adoption of the e-bidding system. The results showed that the effect of the e-bidding system
was consistent with a 17.35% drop in the mean prices. In addition, the distribution of purchase prices was greatly reduced
compared to the traditional system. |
| first_indexed | 2024-04-09T15:43:43Z |
| format | Article |
| id | doaj.art-0757b5aef7b2498ab6ef7b805970076e |
| institution | Directory Open Access Journal |
| issn | 0125-3395 |
| language | English |
| last_indexed | 2024-04-09T15:43:43Z |
| publishDate | 2022-12-01 |
| publisher | Prince of Songkla University |
| record_format | Article |
| series | Songklanakarin Journal of Science and Technology (SJST) |
| spelling | doaj.art-0757b5aef7b2498ab6ef7b805970076e2023-04-27T05:01:13ZengPrince of Songkla UniversitySongklanakarin Journal of Science and Technology (SJST)0125-33952022-12-014461532153810.14456/sjst-psu.2022.199The impact of centralized electronic bidding system on procurement prices for generic medicines: A case study from ThailandAmarawan Pentrakan0Jiun-Yi Wang1Wing-Keung Wong2Department of Pharmacy Administration, Faculty of Pharmaceutical Sciences, Prince of Songkla University, Hat Yai, Songkla, 90110 ThailandDepartment of Healthcare Administration, Asia University, Taichung, 413 Taiwan, Republic of ChinaDepartment of Medical Research, China Medical University Hospital, China Medical University, Taichung, 404 Taiwan, Republic of ChinaA centralized electronic bidding (e-bidding) system has recently become a key government strategy in developing mechanisms for public drug purchasing systems in Thailand. From the previous literature, e-bidding can be an effective tool for controlling the purchase price of a product in various industries. However, this system is still uncommon in pharmaceutical procurement. Thus, this study aims to determine the impact of the e-bidding system on the pricing of generic medicines. Drug procurement data from Thailand for all generic products of omeprazole injection from 2018 to 2019 were used to analyze drug price changes before and after the adoption of the e-bidding system. The results showed that the effect of the e-bidding system was consistent with a 17.35% drop in the mean prices. In addition, the distribution of purchase prices was greatly reduced compared to the traditional system.https://sjst.psu.ac.th/journal/44-6/19.pdfpharmaceutical procuremente-biddingdrug pricesgeneric medicines |
| spellingShingle | Amarawan Pentrakan Jiun-Yi Wang Wing-Keung Wong The impact of centralized electronic bidding system on procurement prices for generic medicines: A case study from Thailand Songklanakarin Journal of Science and Technology (SJST) pharmaceutical procurement e-bidding drug prices generic medicines |
| title | The impact of centralized electronic bidding system on procurement prices for generic medicines: A case study from Thailand |
| title_full | The impact of centralized electronic bidding system on procurement prices for generic medicines: A case study from Thailand |
| title_fullStr | The impact of centralized electronic bidding system on procurement prices for generic medicines: A case study from Thailand |
| title_full_unstemmed | The impact of centralized electronic bidding system on procurement prices for generic medicines: A case study from Thailand |
| title_short | The impact of centralized electronic bidding system on procurement prices for generic medicines: A case study from Thailand |
| title_sort | impact of centralized electronic bidding system on procurement prices for generic medicines a case study from thailand |
| topic | pharmaceutical procurement e-bidding drug prices generic medicines |
| url | https://sjst.psu.ac.th/journal/44-6/19.pdf |
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