Posted by Michael Wonder on 05 Aug 2015
BMS pulls diabetes drug from Germany in price fight
14 December 2013 - BMS & AstraZeneca have pulled their diabetes treatment Forxiga (dapagliflozin) from the German market after the companies couldnât reach an agreement with local authorities over the price of the drug. The German Federal Joint Committee gave the treatment a âno additional benefitâ rating, and the companies said they couldnât agree on a price with health-insurance administrators there. Theyâre in an arbitration process with German authorities, and until thatâs resolved, will stop supplying the drug starting December 15.
For more details, go to: http://www.bloomberg.com/news/2013-12-13/bristol-myers-pulls-diabetes-drug-from-germany-in-price-fight.html
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Michael Wonder
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