Basel-based pharmaceutical company Roche has stopped deliveries of medications to Greek hospitals because of non-payment of bills.
This content was published on
1 minute
swissinfo.ch and agencies
Roche managing director Severin Schwan said some Greek hospitals had not paid their bills for three or four years.
“We have arrived at a point where we can no longer conduct business normally,” Schwan said.
Since Roche stopped deliveries in the summer, certain hospitals had begun to pay their bills because they realised their reputations were on the line, Schwan said. He added that the company had increased its drug deliveries to Greek pharmacies because they paid their bills more regularly.
You can find an overview of ongoing debates with our journalists here. Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.
Read more
More
Basel tries to break down integration barriers
This content was published on
Basel, with its multinational pharmaceutical companies, is attracting more and more skilled workers from abroad. Indeed, expats – people who come to work on a short-term (two to four years) basis – now account for eight per cent of Basel’s population and make an important contribution to the local economy. The figure looks set to…
This content was published on
Shire, which makes drugs for hyperactivity, gastrointestinal problems and rare diseases, recently established a European hub in Eysins in western Switzerland from where it aims to expand its activities outside the United States. “This is just a temporary building,” Ross Murdoch, Shire’s vice president, told swissinfo.ch. “By the middle of next year we plan to…
This content was published on
Swiss giants Novartis and Roche reported relatively healthy balance sheets for 2010, but have warned of tough times ahead. The global recession has forced the United States, Japan and European states to demand more for less from drugs firms. Roche estimates that the European and US healthcare measures will cost the group a combined SFr1…
This content was published on
Alternative medicine offers a broad selection of therapies and treatments. Homeopathy, traditional Chinese medicine and holistic anthroposophical methods have developed therapies often used by patients in addition to conventional medicine.
You can find an overview of ongoing debates with our journalists here. Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.