Most drugs not covered by price reduction deal

Existing price reduction agreements between the Department of Health and the pharmaceutical industry only cover a minority of the drugs currently sold in Ireland.

11th August, 2012
The drugs pricing story in this newspaper last week.

Existing price reduction agreements between the Department of Health and the pharmaceutical industry only cover a minority of the drugs currently being sold in Ireland, *The Sunday Business Post* has learned.

The vast majority of on-patent drugs which have been on the market here prior to 2006, and which account for approximately 60 per cent of the state's expenditure on medicines, have yet to experience any price cuts.

The revelation comes on the eve of talks between...

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