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Thursday, 3 October 2013

Ireland Pharmaceuticals and Healthcare Report Q4 2013:Life Sciences Market Research Reports

Life Sciences Market Research Reports
 
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Ireland Pharmaceuticals and Healthcare Report Q4 2013
Oct 2nd 2013, 00:00, by swapnil

BMI View: A number of negative developments this quarter have led us to downgrade our pharmaceutical and healthcare forecasts. The establishment of a ‘preferred drugs’ list and implementation of the Health (Pricing and Supply of Medical Goods) Bill shows the government’s determination to exact cost savings from pharmaceutical companies. While these initiatives will benefit generic drugmakers, the Irish Pharmacy Union has voiced concerns that current medicine shortages will be exacerbated as a result. Headline Expenditure Projections ? Pharmaceuticals: EUR2.17bn (US$2.75bn) in 2012 to EUR2.02bn (US$2.69bn) in 2013; -6.7 % in local currency terms and -2.2% in US dollar terms. Forecast …

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