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Spanish pharma battles drug price cuts; 2010 pharmacy sales down for many firms

This article was originally published in Scrip

Executive Summary

Figures from FEFE, a federation representing pharmacists in Spain, indicate that price cuts in the country have hit pharmaceutical companies hard, with eight of the top 20 firms suffering a decline in sales in 2010. Meanwhile, the pharmaceutical supply chain is presenting a united front to protest against austerity measures from both national government and regional health authorities.

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