Tuesday July 14, 2020

State tackles big pharma: Emergency plan to cut drugs bill

Varadkar to use legislation to impose price cuts on the cost of drugs

Susan Mitchell

Deputy Editor and Health Editor

1st February, 2015

Minister for Health Leo Varadkar has drawn up plans to use the government’s legislative powers to impose a price cut on big pharmaceutical firms, after recent talks with the companies collapsed.

Varadkar has been critical of the high cost of medicines in Ireland and vowed to tackle the problem soon after being appointed health minister.

The move would represent a major blow to the pharmaceutical sector, as it would be the first time...

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