Market Report, "Portugal Pharmaceuticals & Healthcare Report Q4 2012", Published
BMI View: Portugal continues to implement widespread changes to its healthcare sector as part of the EU/IMF/ECB's EUR78bn economic rescue package approved in May 2011, and the effects of cuts are taking their toll on the pharmaceutical industry. Delayed payments are commonplace, with the impact felt throughout the supply chain, and this is reducing Portugal's appeal to multinationals: Roche has suspended drug supplies to some public hospitals and press reports suggest that Merck KGaA is also considering reducing its investment...
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