Association between medicine Price declaration by pharmaceutical industries and retail prices in Malaysia’s private healthcare sector

Table 1 The relationship between prices declared to Pharmaceutical Service Division and retail medicine price

Year	Declared Wholesale price and retail medicine price		Declared recommended retail price (RRP) and retail medicine price
Year	Correlation coefficient, ρ	p-value	Correlation coefficient, ρ	p-value
2011	0.92	p < 0.01	0.96	p < 0.01
2012	0.89	p < 0.01	0.89	p < 0.01
2013	0.92	p < 0.01	0.91	p < 0.01
2014	0.89	p < 0.01	0.89	p < 0.01
2015	0.75	p < 0.01	0.86	p < 0.01

ISSN: 2052-3211