After Elections, Germany’s Pharma Industry Faces Uncertain Future
This article was originally published in The Pink Sheet Daily
German elections have led to the possibility of several coalition government constellations, but none are particularly good for the pharmaceutical industry.
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Despite overall economic growth, the German health ministry refuses to lift the pharmaceutical price freeze or obligatory rebate to health insurers, saying industry is coping well with them; firms say they have already sacrificed more than had initially been asked.
Germany's 2011 pharmaceutical prescribing report shows that the cost control law (AMNOG) is fulfilling its purpose, prompting insurers to call for even further pressure on the industry to reduce costs.