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Novartis Pulls Galvus From Germany After Failed Price Negotiations

This article was originally published in The Pink Sheet Daily

Executive Summary

Novartis has withdrawn its oral anti-diabetic Galvus from the German market after failing to secure a mutually beneficial price with payers. Galvus is the only drug dropped from reimbursement under a since-repealed policy to assess added benefits of brand drugs marketed before 2011.

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