Tag:
Greece
Latest Headlines
Latest Headlines
EU antitrust officials probe parallel trade
EU investigators launched a probe into the players that buy drugs at cheap, state-regulated prices in lower-cost countries and resell them in markets where they can command higher prices.
Greece making drugmakers cover overspending on meds
Greek officials have landed their latest blow against the pharmaceutical industry in a mad dash to limit spending on prescription drugs. The struggling country's parliament has passed legislation that puts drugmakers on the hook for bills that exceed a lowered ceiling on drug spending.
Greek pharma cuts amount to $1.3B
Greece's bailout package includes some more austerity for drugmakers. The plan will cut drug spending by $1.3 billion, with patients, pharmacies, branded drugmakers, generics makers and wholesalers
Drugmakers aim to dampen risks in slow-paying countries
At first, the mere fact that troubled European countries were deep in debt to drugmakers was news. Then, it was the mounting size of those pharma debts and that Greece, at least, was paying its drug
Parallel trade puts new crimp on Greek pharma market
The fiscal mess in Greece has been hard enough on drugmakers, not to mention drug supplies for patients. But the government's attempts to budget-cut its way into a solution has put an even bigger
Novo chief can stand the heat on drug bargaining
Novo Nordisk ( $NVO ) CEO Lars Sorensen plans to cycle 105 miles across Death Valley in the coming days, and it's not the first time. But as the Wall Street Journal reports, Sorensen's desert cycling
Roche cuts off Greek hospitals, weighs similar move in Spain
Roche has increased shipments of its drugs to Greek pharmacies. However, it's not shipping to some Greek hospitals that are behind--way behind--on their payments, which means some patients have to
Drugmakers take a hit on Greek bonds
After carrying the public health system's debt on their books for many months--in some cases, more than a year, drugmakers are finally getting paid by the Greek government. Good news, right? Well,
Greek debt pushes drugmakers to cut off supplies
Big Pharma is sending out the debt collectors in Greece. The country's public hospitals are so far behind on paying their drug bills that some companies are actually starting to cut them off. Roche,
Depuy pays $7.9 million to end UK bribe case
Johnson & Johnson's DePuy International unit has agreed to pay about $7.9 million to end a UK probe into whether it paid bribes to Greek officials to win contracts to supply orthopedic products.
