New study: pharma deal savings overstated by government

Economist Paul Gorecki has found that the state’s deal with major medicine suppliers will generate just €290m in real savings

Susan Mitchell

Deputy Editor and Health Editor @susmitchellsbp
13th August, 2017
Minister for Health Simon Harris

The government has overstated the real savings that its medicines deal with pharmaceutical companies will yield by €310 million, according to a Trinity College and ESRI economist.

Paul Gorecki has published a study which shows that the state’s deal with major medicine suppliers will generate just €290 million in real savings.

Minister for Health Simon Harris had claimed the deal with the Irish Pharmaceutical Healthcare Association (IPHA) would deliver savings of €600 million.

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