Basel-based pharmaceutical company Roche has stopped deliveries of medications to Greek hospitals because of non-payment of bills, Swiss Info reported on 19 September. Roche managing director Severin Schwan said some Greek hospitals had not paid their bills for three or four years. “We have arrived at a point where we can no longer conduct business normally,” Schwan said.
Since Roche stopped deliveries in the summer, certain hospitals had begun to pay their bills because they realised their reputations were on the line, Schwan said. He added that the company had increased its drug deliveries to Greek pharmacies because they paid their bills more regularly.
Monday, September 26, 2011
Roche grumble: Drug deliveries to Greek hospitals halted | New Europe