"Fall" in Austrian drug prices, says Pharmig

3 August 2008

The Austrian drug industry association, Pharmig, has disputed media reporting of an 8.3% rise in drug costs. Jan Oliver Huber, the group's general secretary, admitted that gains in life expectancy and new drugs push up spending. However, he noted that, "the prices for medicines already present on the market in 1995 have fallen each year."

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