Monday, November 5, 2012

Drugmakers offer to cap Greece's medicines bill

LONDON (Reuters) - International drug companies have offered to cap the total amount the Greek government has to pay for its medicines in a bid to resolve a crisis that is jeopardizing both the supply of drugs to patients and drugmakers' profits. The proposal was set out by the trade group the European Federation of Pharmaceutical Industries and Associations (Efpia) in a letter to the Greek ministers of health and finance, a copy of which was seen by Reuters. In exchange for a ceiling on outpatient pharmaceutical expenditure of 2.88 billion euros ($3. ... Get the complete story

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