Results 26 - 45 from 45 for "clawback"
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Romania Approves 10% Lower Clawback Tax On Drugs
08.23.2012
Romania's Government has approved a new formula for the clawback tax, which will be reduced by 10% and charged starting on October 1, as well as a mechanism to adjust the healthcare system's arrears more
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Government Considers Lowering Drug Clawback Tax
07.04.2012
Romania's Government is considering lowering the clawback tax charged to drug producers, with the hit in budget revenue to be borne by the Health Ministry. more
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Drug Producers That Act Together For Revising Clawback Tax To Be Punished - Antitrust Body
06.05.2012
Romania’s Competition Council will punish any concerted pressure on authorities from medicine producers to revise the law regulating the clawback tax in the pharmaceutical industry, and is willing more
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What Lies Behind Figures: Pharmaceutical Market Troubled Even When Sales Rise 20%
05.31.2012
More than ten executives on the pharmaceutical market packed their bags in the last year, companies’ profit margins have been cut by the overtaxation imposed by the government, and drug refunds are more
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AmCham: Romanian Current Clawback Mechanism Sends Negative Message To Investors
05.29.2012
The American Chamber of Commerce in Romania, or AmCham, called on the Government Tuesday to revise the clawback tax, adding that failing to rethink the system will irreversibly affect the trust of more
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Romania To Decide On Clawback Tax After Impact Study Due By June 15
05.29.2012
Romanian Health Minister Vasile Cepoi said Tuesday a decision regarding the clawback tax will be taken following an impact study to be completed by June 15. more
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Government Pledges To Keep Clawback Tax To Avoid New Arrears
05.28.2012
Romania’s Government said it will continue to apply the clawback tax in the pharmaceutical industry to avoid amassing new arrears in the sector, according to its latest letter of intent to the more
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Drug Producers Might Withdraw Products From Discounted, Free Medicine List
05.28.2012
Romanian drug producers will withdraw products from the discounted and free medicine list if the Government fails to revise the clawback tax. more
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Romanian Drug Producers Brace Themselves To Fight Down Clawback Tax
05.28.2012
Romanian drug producers said Monday they cannot pay the clawback tax, which might bring some EUR400 million to the state budget this year, or 33.6% of producers’ discounted drug sales. more
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Health Ministry Set To Find Solutions To Avoid Medicine Supply Deadlock
05.28.2012
Romania’s Health Minister Vasile Cepoi said ministry officials are trying to find a way to solve the problems caused by charging the clawback tax to drug producers, a situation that could seriously more
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Generic Drug Producers Want Clawback Tax Suspended Immediately
05.16.2012
The Association of Romanian Producers of Generic Drugs (APMGR) has called for the immediate suspension of the clawback tax and for discussions to find a viable solution, in the interest of patients more
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Government Changes Again Clawback Tax Formula - Sources
12.06.2011
The Romanian Government on Tuesday decided to change the formula used to compute the clawback tax imposed on drug producers, by implementing a system to consider producers’ market share and the more
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Drug Market Up By A Staggering 14%, Approaches RON10B
11.11.2011
Drug sales leaped significantly in the third quarter of the year, rising by nearly 14% in value against the similar period of 2010, to 2.74 billion lei (EUR643 million), according to data from market more
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E&Y: Romania's New Clawback Mechanism Breaches Taxation Principles
10.17.2011
The current clawback mechanism applied by Romania to pharmaceutical companies seems to apply inclusively for the value added tax collected on medicine sales, which breaches the taxation principles and more
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AmCham Blasts Clawback Mechanism For Lack Of Predictability
10.11.2011
The clawback mechanism currently implemented by Romania inhibits the development of pharmaceutical companies, according to representatives of the American Chamber of Commerce in Romania, or AmCham. more
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Drug Makers Blast Romania's “Unsustainable” Clawback Tax
10.04.2011
Romania’s pharmaceutical industry could lose 842 million lei (EUR195 million), which means a 30% shrinking of the market, following the implementation of the new clawback tax, according to a survey more
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Health Ministry Unveils New Clawback System, In Effect As Of October
09.21.2011
Romania's Government on Wednesday approved the ordinance on the clawback system, which requires drug producers to pay a quarterly tax according to drug consumption. more
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Health Minister: New Tax System To Improve Healthcare Finances
08.30.2011
Romania’s new Health Minister Ladislau Ritli on Tuesday presented the Health Ministry’s priorities in 2011 and said the implementation of the clawback and payback systems is meant to increase more
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Boc: Government Will Adopt Clawback Tax, Allot RON150M For Healthcare Next Week
08.24.2011
Romanian Prime Minister Emil Boc on Wednesday asked the new Health Minister, Ladislau Ritli, to present a bill on the clawback tax next week and complete the C2 list of generic drugs, after which the more
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Romania Expects Extra RON318M For Medicine Budget, From Changes To Tax Clawback
07.12.2011
Romania's Health Ministry expects an extra 318 million lei (EUR74 million) for its medicine budget, by changing the tax clawback charged to suppliers of drugs included in the national healthcare more