Drug price reductions put jobs at risk, says IPHA

Representative group complains that low prices are unsustainable

Susan Mitchell

Deputy Editor and Health Editor @susmitchellsbp
20th April, 2014
The Irish Pharmaceutical Healthcare Association is unhappy about cuts to the price of many drugs. Picture: Thinkstock

Pharmaceutical companies have written to the government claiming that recent reductions in drug prices are putting jobs at risk, and could lead to a shortage of medicines here.

The Irish Pharmaceutical Healthcare Association (IPHA) wrote successive letters to the Department of Health complaining about what it described as ''unsustainable low prices being set under new legislation.

The HSE has used new legislation to reduce the prices of ten commonly-prescribed medicines, including statins to lower cholesterol,...

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