Market Access Insights

Austerity-Driven Policy Dictates a Challenging Environment for Pharma

Dr Steven Bradshaw
Contributor: Dr Steven Bradshaw
Posted: 12/07/2015

The austerity measures put in place as part of the 'Troika' bailout after Greece's mid-2000s financial crisis included the aim to substantially reduce national drugs spend. With the country already having one of the lowest drug prices in Europe (calculated as the average of the three lowest-price countries), additional budgetary pressure has increased the challenges for pharmaceutical companies in Greece.

Dr Steven Bradshaw
Contributor: Dr Steven Bradshaw
Posted: 12/07/2015