German Funds Fear New Spending Rise

18 August 1997

The German federation of interior health funds fears a rise in drugspending costs of 3-35 billion Deutschemarks ($1.63-$1.90 billion) in 1998, which is an increase of 8.5%-10% for medicines alone.

It says this is due to the softer line being adopted on pack sizes, which are difficult to control and undermine medical budgets. It is calling for tight regulations to emerge from the next phase of negotiations over pack sizes.

- The German drug industry is still behind the international competition in the gentech sector, although conditions in Germany have improved, it is reported. In 1996, a total of 6,300 gentech products were registered with the German Patent Office, of which only 820 were from German companies.

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