Germany's VFA argues that drug spend is moderate
The outgoing German Health Minister ,Ulla Schmidt, has said that health care spending in the country is too high. In response, Cornelia Yzer, general manager of the research-based drug industry trade group, the VFA, said: 'Germany's central health fund has a revenue problem, not an expenditure problem. The estimated deficit for 2010 ' some 7.4 billion euros ($10.8 billion) is due to the economic downturn and the likely rise in unemployment.
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