Wednesday, January 13, 2010

Generics in the EU - when it's more profitable NOT to make them!

EU competition officials are scrutinising deals in which Big Pharma companies are "paying off" generic rivals in return for a delay in the launch of cheaper copies.

They estimate delayed introduction of generic medicines added €3bn to healthcare costs for patients and taxpayers from 2000 to 2007.

More at the FT

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