The price of medicines and other life science products is negotiated by the manufacturer with the Economic Committee for Health Products (Comité Économique des Produits de Santé, CEPS). CEPS is a French interministerial body operating under the joint authority of the Ministers responsible for health, social security, and the economy. Its primary mandate is to set the prices of reimbursable health products, including medications and medical devices, ensuring a balance between patient access and the financial sustainability of the healthcare system.