Friday, August 7, 2015

Greek pharmceutical prices are now TOO cheap for the German pharma industry, but why should Germans pay more than they should?

GERMAN FALL-OUT FROM GREEK PRICE FALLS:

The German pharmaceutical industry has won support from insurers for protection against recent falls in Greek drug prices.
The GKV-Spitzenverband health insurance group has backed a call for Greece to be removed from the list of countries in the ‘basket’ for setting German drug prices, accepting the industry’s claim that the sharply discounted prices currently being applied in Greece risked distorting the German calculations.
Matthias Heck, head of the Brussels office of the German pharmaceutical industry association, BPI, confirmed to POLITICO that the GKV has welcomed the idea of removing Greece from the country basket, reducing the reference countries from 15 to 14 — although the removal is a temporary measure, and is expected to last only a year.
He said that “from BPI’s point of view the removal is an adequate move.”

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