Thursday, May 06, 2010

PharmaTimes | Industry News | World News | Greek drug price cuts “to save 1.9 billion euros a year”

PharmaTimes- Greek drug price cuts “to save 1.9 billion euros a year”

The contents of the finally-introduced regulations differ from initial announcements from the Finance Ministry, which had stated that the price cuts would average 30% and apply to 1,551 medicines. However, the measure introduced this week will cover 12,500 products, 2,500 of which are originator products and the rest are generics, according to statements by the Ministry of Economy, Competition and Shipping reported by the business newspaper Naftemporiki.

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