Forum Topic News
  • Conversation: Teva plans ‘risky’ price rise on US medicines

    • December 18, 2017 10:46 AM GMT
      • Post(s)
        548

      Teva plans ‘risky’ price rise on US medicines


      Teva, the Israeli drugmaker, plans to raise prices on a string of medicines in the US to help repair its ailing business — even as analysts warn that the move risks provoking a backlash among customers and politicians.
      Like other generic drugmakers, Teva has signed multi-medicine contracts with many customers where it sells some products at break-even or a loss and tries to recoup the difference on more profitable lines.
      However, Kåre Schultz, Teva’s recently appointed chief executive, has told investors he wants to either raise the price of some of these “non-economical” drugs or stop manufacturing them altogether.
      More: http://on.ft.com/2oIIG8z

Add Reputation

Do you want to add reputation for this member by this post?

or cancel