Tuesday 21 February 2017

Terence Cosgrave: Deal on drug prices is no magic pill for the patient

Published 18/11/2012 | 05:00

The arrangement on 'new' drugs means the pharmaceutical industry is still in the money.

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DEPENDING on how you look at it, a few weeks ago the Department of Health reached a deal with the pharmaceutical industry which either reduced the cost of drugs or reduced (slightly) the subsidy it had been paying to the industry for many years.

Whether it will be enough to satisfy the troika in terms of cutting costs in the health sector is another matter.

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