Posted by Michael Wonder on 08 Mar 2017
Germany to scrap plan to lower prices of new drugs-lawmakers
6 March 2017 - Germany's ruling coalition will scrap plans announced last year to lower prices of newly launched drugs within the first 12 months should sales exceed 250 million euros ($264.83 million), lawmakers told Reuters on Monday.
Germany, Europe's biggest market for medicines, said in July it wanted to extend a price brake for drugs covered by statutory health insurance for five years beyond 2017, stretching out the measure introduced in 2009.
This so-called 'price moratorium' will be extended as originally planned, lawmakers from Chancellor Angela Merkel's ruling coalition said.
