CLAWBACK
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Government Considers Lowering Drug Clawback Tax
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.
What Lies Behind Figures: Pharmaceutical Market Troubled Even When Sales Rise 20%
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 refu...
AmCham: Romanian Current Clawback Mechanism Sends Negative Message To Investors
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 tr...
Romania To Decide On Clawback Tax After Impact Study Due By June 15
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.
Government Pledges To Keep Clawback Tax To Avoid New Arrears
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 t...
Drug Producers Might Withdraw Products From Discounted, Free Medicine List
Romanian drug producers will withdraw products from the discounted and free medicine list if the Government fails to revise the clawback tax.
Romanian Drug Producers Brace Themselves To Fight Down Clawback Tax
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.
Health Ministry Set To Find Solutions To Avoid Medicine Supply Deadlock
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 se...
Generic Drug Producers Want Clawback Tax Suspended Immediately
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 p...