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Results 1 - 25 from 45 for "clawback"

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  • Terapia CEO: Clawback Tax, Skilled Human Resource Deficit- Main Challenges For Local Drug Producers

    09.16.2019

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  • Generics Makers Say Rising Clawback Tax Drives Local Industry Out of Business

    11.02.2017

    Thousands of generic medicines will vanish from the Romanian market as the clawback increased 25% in the third quarter and will drive the local pharmaceutical industry out of business, the Romanian more

  • Antibiotice Iasi GM: Romania Has Europe's Lowest Drug Prices And World's Highest Clawback Tax

    09.13.2017

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  • Over 2,300 Medicines Risk Vanishing From Romanian Market

    07.13.2017

    Over 2,300 medicines risk vanishing from the Romanian market, 60% of which cost less than RON25, as the clawback tax is expected to reach 30% by the end of the year, said Adrian Grecu, head of the more

  • Ioan Nani, Antibiotice Iasi: Clawback Tax Became A Drawback For Drugmakers

    10.02.2016

    The medicine industry is more and more affected by the clawback tax, as the tax currently accounts for approximately 30% of the value added of a drugmaker, which will soon lead to the collapse of drug more

  • Generic Drug Producers In Romania Want To Be Exempted From Paying Clawback Tax

    07.28.2016

    Generic medicine producers in Romania want to be exempted from paying the clawback tax, saying this measure would ensure patients’ access to cheaper medicines. more

  • ZF Pharma Summit ’15: Pharmaceutical Industry Hurt By Drug Price Cuts

    09.23.2015

    The decline in drug prices, the constant increase in the clawback tax and the lack of transparency about how it is managed are affecting the pharmaceutical market in Romania. more

  • Clawback Tax Could Drop To 5% As Drug Prices Are Lowered

    05.26.2015

    The clawback tax could drop to 5%, as prices of medicines are lowered, health Insurance House president Vasile Ciurchea said Tuesday. more

  • Labormed Wants Drugs Cheaper Than RON10 Off Reimbursed List Over Clawback Tax

    02.10.2015

    Generics producer Labormed, part of Alvogen, is reassessing its medicines portfolio until March to remove products cheaper than RON10 from the reimbursed medicines list, as its sales rose 2% in value more

  • Cegedim Revises Pharma Market Forecast Considering “Harsher Cold Season”

    12.09.2014

    Market research company Cegedim Romania changed its outlook about the trend of the drug market in 2014, from a negative one to one of slight growth. more

  • Drugmakers To Pay Differentiated Clawback Tax For New Reimbursed Medicines

    11.07.2014

    Pharmaceutical companies will pay a differentiated clawback tax, set up based on contracts cost/volume/results, for the new medical drugs to be introduced on the reimbursed drugs list, according to an more

  • Four Large Pharmaceutical Companies Blocked EUR50M Investments In Romania Over Clawback Tax

    07.10.2014

    Four major pharmaceutical companies have blocked EUR50 million investments in production lines in Romania because of the clawback tax, which continues to grow, said the head of the Association of more

  • APMGR Asks PM To Intervene In Decision For Differentiated Clawback Tax

    06.11.2014

    The representatives of the Association of Generic Medicine Producers in Romania (APMGR) asked Prime Minister Victor Ponta to get directly involved in removing the institutional deadlock which hinders more

  • Drugmakers May Give Up Investments In 2014 On Clawback Tax Hike

    02.06.2014

    Drugmakers operating in Romania will have to cease investments in 2014 and give up unprofitable products due to the 30% increase of the clawback tax in the fourth quarter of 2013, Dragos Damian, more

  • Pharmaceutical Market, Poised For Major Changes In 2014

    01.17.2014

    The Romanian pharmaceutical market will grow by 8% at most n 2014, according to executives in the industry mainly due to the updating of the list of reimbursed drugs. more

  • Romania May Change Clawback System To Tax Generic, Brand-Name Drug Producers Differently

    09.12.2013

    Romania is considering rethinking its clawback tax system so that generic drug producers and brand-name medicine producers will be taxed differently. more

  • Bucharest Court Of Appeals Cancels Clawback Tax Payment Claim Against Farmexim

    07.01.2013

    The Bucharest Court of Appeals has cancelled a clawback tax payment claim issued by the National Health Insurance House (CNAS) against Farmexim, one of the largest local medicine distributors. more

  • Romania To Amend Clawback Tax

    06.20.2013

    Romania’s Health Minister said the legislation regarding the clawback tax will be changed to allow a different calculation for generic drugs and original brand-name drugs. more

  • Bucharest Court Of Appeals Cancels Clawback Tax Payment Claim Against Novartis

    06.13.2013

    The Bucharest Court of Appeals cancelled a clawback tax payment claim of 15 million lei (EUR3 million) issued by the Romanian National Health Insurance House (CNAS) against Swiss pharmaceutical more

  • ARPIM: Clawback Tax Payment To Cover Costs With Extending Compensated Medicine List

    05.29.2013

    Costs entailed by the introduction of new medicines on the list of compensated drugs will be entirely covered by drug producers through the clawback tax they are obliged to pay, the Romanian more

  • Bucharest Court Of Appeals Cancels Clawback Tax Payment Claim Against Johnson&Johnson

    04.16.2013

    The Bucharest Court of Appeals cancelled a payment notification issued by the National Health Insurance House (CNAS) whereby pharmaceutical company Johnson&Johnson Romania had to pay clawback tax more

  • Constitutional Court Deems Clawback Tax Ordinance Partially Unconstitutional

    02.05.2013

    The Romanian Constitutional Court, CC, decided Tuesday the Government emergency ordinance on the clawback tax is partially unconstitutional on being levied a double tax on medical drugs. more

  • Government Extends Clawback Tax Payment Deadline Until Oct 20

    09.26.2012

    Romania’s Government extended until October 20 the deadline by which drug suppliers must pay the clawback tax. more

  • Pharmaceutical Sector Needs Fund Recycling, Not A Clawback Tax

    09.24.2012

    Romanian pharmaceutical sector needs special regulations to support funds recirculation instead of investing these funds in the construction of hospitals or increasing wages in the health sector, more

  • Generic Drug Producers Deem New Clawback Tax Still Unfair

    08.24.2012

    The Association of Romanian Producers of Generic Drugs (APMGR) rejects the new clawback tax approved by the Government Thursday, arguing that authorities continue to ignore the propositions made by more

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