Skip to content
Catholic Online Logo

By Catholic Online (NEWS CONSORTIUM)

2/28/2013 (1 year ago)

Catholic Online (www.catholic.org)

Panic resulting from low drug prices mandated by country

Those reliant on prescription drugs in the nation of Greece are facing a looming crisis. There is a growing shortage of medicines there as many pharmaceutical companies have stopped shipping there. In response, the government created a list of more than 50 pharmaceutical companies suspected of halting or planning to halt supplies because of low prices in the country.

Chemists in Athens say that desperate customers are going from pharmacy to pharmacy to look for prescription drugs hospitals could no longer dispense.

Chemists in Athens say that desperate customers are going from pharmacy to pharmacy to look for prescription drugs hospitals could no longer dispense.

Highlights

By Catholic Online (NEWS CONSORTIUM)

Catholic Online (www.catholic.org)

2/28/2013 (1 year ago)

Published in Europe

Keywords: Greece, drug shortages, pharmaceuticals, pharmacists


LOS ANGELES, CA (Catholic Online) - Many pharmaceutical multinationals have halted shipments to Greece because of the ongoing economic crisis there and concerns that the drugs will be exported by middlemen. Medicines are more expensive in other European countries.

There are hundreds of drugs are on backorder and the situation is getting worse, according to the Greek drug regulator.

Treatments for arthritis, hepatitis C and hypertension, cholesterol-lowering agents, antipsychotics, antibiotics, anesthetics and immuno-modulators used to treat bowel disease are all running dangerously short. Adding to the crisis is the news that the Swiss Red Cross has slashed its supply of donor blood to Greece because it had not paid its bills on time.

Chemists in Athens say that desperate customers are going from pharmacy to pharmacy to look for prescription drugs hospitals could no longer dispense.

The government list includes some of the world's leading pharmaceutical companies, such as Pfizer, Roche, Sanofi, GlaxoSmithKline and AstraZeneca. Pfizer, Roche and Sanofi all said a few products had been withheld. GSK and AstraZeneca denied the claims.

"Companies are ceasing these supplies because Greece is not profitable for them and they are worried that their products will be exported by traders to other richer countries through parallel trade as Greece has the lowest medicine prices in Europe," Professor Yannis Tountas, the president of the Greek drug regulator, the National Organization for Medicines says.

Thirteen pharmaceutical companies are under investigation that they have reduced supplies and has handed the names of eight to the ministry of health so they can be fined. The names of the companies will not be disclosed. Tountas said that this was the responsibility of the ministry of health, but added that they were "big multinational companies."

"I would say supplies are down by 90 percent," said Dimitris Karageorgiou, secretary general of the group representing pharmacists, the Panhellenic Pharmaceutical Association, said. "The companies are ensuring that they come in dribs and drabs to avoid prosecution. Everyone is really frightened. Customers tell me they are afraid [about] losing access to medication altogether."

"Around 300 drugs are in very short supply and they include innovative drugs, medications for cancer patients and people suffering from clinical depression," Karageorgiou says. "It's a disgrace. The government is panic-stricken and the multinationals only think about themselves and the issue of parallel trade because wholesalers can legally sell them to other European nations at a higher price."

---


Pope Francis: end world hunger through 'Prayer and Action'


© 2014 - Distributed by THE NEWS CONSORTIUM

Pope Francis Prayer Intentions for August 2014
Refugees:
That refugees, forced by violence to abandon their homes, may find a generous welcome and the protection of their rights.
Oceania: That Christians in Oceania may joyfully announce the faith to all the people of that region.



Comments


More Europe

Archaeologists find a very different type of 'treasure' - a 2,000-year-old toilet seat Watch

Image of Discovered at Vindolanda fort on Hadrian's Wall in Northumberland, the

By Catholic Online (NEWS CONSORTIUM)

Accustomed to finding priceless coins, artwork and historical artifacts, archaeologists in Great Britain have found an altogether different type of treasure - one that was desperately needed in ancient times - a wooden toilet seat, believed to be 2,000 years ... continue reading


Over 1,400 girls raped and abused by Muslims in English town Watch

Image of For more than 12 years a large community of Pakistanis living in England have enjoyed sexually abusing girls while officials turned a blind eye a new report reveals.

By Catholic Online (NEWS CONSORTIUM)

Over a 12 year period, hundreds of children were systematically raped, beaten and sex trafficked in a northern English town, and the government commissioned report on the incident reveals that it is still going on today. LOS ANGELES, CA (Catholic Online) - This ... continue reading


Guilty? Corruption case moves forward against the head of International Monetary Fund Watch

Image of Christine Legarde, the chief of the International Monetary Fund, who is facing charges currently in France.

By Catholic Online (NEWS CONSORTIUM)

Christine Legarde, the chief of the International Monetary Fund (IMF) and one of the most powerful women in the world, has been charged with "negligence" over a multi-million-euro graft case relating to her time as a French finance minister. LOS ANGELES, CA ... continue reading


Scandalous details come to light over defrocked nuncio's abuse of young boys Watch

Image of Shoeshine boys int he Dominican Republic say that Archbishop Jozef Wesolowski would cruise the oceanfront promenade and offer them large sums of money for sexual acts.

By Catholic Online (NEWS CONSORTIUM)

Loathsome details have come to light over defrocked Archbishop Jozef Wesolowski, the Vatican's ambassador to the Dominican Republic. Shoeshine boys say that Wesolowski would cruise the oceanfront promenade and offer them large sums of money for sexual ... continue reading


Archbishop appeals his defrocking for sexual abuse allegedly committed in Dominican Republic Watch

Image of If found guilty in a criminal trial, Archbishop Jozef Wesolowski could risk extradition to the Dominican Republic, which has appointed a special prosecutor to investigate the case.

By Catholic Online (NEWS CONSORTIUM)

Archbishop Jozef Wesolowski, from Poland, is accused of child sex abuse while he served in the Dominican Republic. He has since appealed against a Roman Catholic tribunal's decision to defrock him, according to the Vatican. LOS ANGELES, CA (Catholic Online) - ... continue reading


SHOCKING: Are there more British Muslims fighting for the Islamic State than for British military? Watch

Image of Many young men facing poor job prospects in the U.K. find the IS narrative of defending Islam hard to resist.

By Catholic Online (NEWS CONSORTIUM)

It's a shocking figure that has many questioning immigration laws. Britain's Ministry of Defense has confirmed that there are approximately 600 British Muslim service members in its armed forces of almost 200,000 people. In a momentous slap to the West - and ... continue reading


British Archbishop demands Muslim leaders enforce discipline on youth or face the consequences Watch

Image of George Carey, a former Archbishop recently spoke on the dangers of the Islamic State, as well as the British Muslims who go overseas to fight for it.

By Catholic Online (NEWS CONSORTIUM)

A former Archbishop of Canterbury has called for Britons that are fighting for the Islamic State to be banished from Britain. LOS ANGELES, CA (Catholic Online) - Lord George Carey of Clifton said that Muslims must  discipline their young people, or see them ... continue reading


Pontifical Council Statement on the Violence in Iraq Watch

Image of Let us therefore unite our voices with that of Pope Francis:

By Vatican Radio

No cause, and certainly no religion, can justify such barbarity. This constitutes an extremely serious offense to humanity and to God who is the Creator, as Pope Francis has often reminded us. VATICAN CITY (Vatican Radio) - The Pontifical Council for Interreligious ... continue reading


British rapper makes 14-year-old girl post sex video online Watch

Image of The girl, who can't be named for legal reasons, accepted a friend request from rapper Logik, whose real name is Kyle Burns.

By Catholic Online (NEWS CONSORTIUM)

It was a sick incident that highlights what's going on around the eyes and ears of semi-attentive parents. A British rapper who goes under the stage name of "Logik" asked a 14-year-old girl to pose an indecent 60-second video of herself to which he promised ... continue reading


A new tomb may be the burial place of Alexander the Great Watch

Image of This road leads up to a newly discovered tomb which could hold the remains of one of Alexander the Great's generals.

By Catholic Online (NEWS CONSORTIUM)

Archaeologists in Greece have discovered an immense tomb that they believe may be connected with Alexander the Great, whose conquests stretched from Greece to India. LOS ANGELES, CA (Catholic Online) - This tomb, which dates to around 300 BC, may have held the body ... continue reading


All Europe News

Newsletters

Newsletter Sign Up icon

Stay up to date with the latest news, information, and special offers

Daily Readings

Reading 1, First Corinthians 2:1-5
1 Now when I came to you, brothers, I did not come ... Read More

Psalm, Psalms 119:97, 98, 99, 100, 101, 102
97 How I love your Law! I ponder it all day ... Read More

Gospel, Luke 4:16-30
16 He came to Nazara, where he had been brought up, ... Read More

Saint of the Day

Saint of the Day for September 1st, 2014 Image

St. Giles, Abbot
September 1: St. Giles, Abbot (Patron of Physically Disabled) Feast day - ... Read More

Inform, Inspire & Ignite Logo

Find Catholic Online on Facebook and get updates right in your live feed.

Become a fan of Catholic Online on Facebook


Follow Catholic Online on Twitter and get News and Product updates.

Follow us on Twitter