Strong discontent with the new rebate measures expressed by Greek pharma

8 May 2017
greece-big-1

The Greek pharma industry, via its trade group the SfEE, has expressed its strong discontent and deep concern about the new across-the-board measures announced by the Ministry of Health (in particular the unified volume rebate, which puts an additional burden of 25% on new on-patent medicines).

These measures are not structural reforms; they are harsh tax-collecting measures, which do not deliver on the memorandum of understanding (MoU) commitment to reduce the claw-back by 30%. In fact, these measures restrict, or even prohibit, the entry of new innovative medicines, with direct and adverse effects on Greek patients, said the SfEE. In addition, they deal a blow to healthy entrepreneurship, without ensuring solid fiscal gains or, most importantly, better healthcare.

Finally, they exhaust the viability of pharmaceutical companies, threatening the 86,000 jobs directly and indirectly supported by the Industry, and create conditions of disinvestment.

This article is accessible to registered users, to continue reading please register for free.  A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Login to your account

Become a subscriber

 

£820

Or £77 per month

Subscribe Now
  • Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
  • Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
  • Daily roundup of key events in pharma and biotech.
  • Monthly in-depth briefings on Boardroom appointments and M&A news.
  • Choose from a cost-effective annual package or a flexible monthly subscription
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK



Today's issue

Company Spotlight





More Features in Pharmaceutical