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Monday, February 14, 2011

Drugmakers Lost $3.5 Billion As Turkey Cut Prices, Hurriyet Says - Bloomberg

"Drugmakers Lost $3.5 Billion As Turkey Cut Prices, Hurriyet Says
By Ercan Ersoy - Feb 14, 2011 2:12 AM ET

Drugmakers in Turkey lost about $3.5 billion in sales in 2010 after the government cut prices as much as 50 percent in successive reductions, Hurriyet said, citing Engin Guner, vice chairman of the country’s original drugmakers association. "

More:Drugmakers Lost $3.5 Billion As Turkey Cut Prices, Hurriyet Says - Bloomberg