Danish pharmaceutical group Novo Nordisk said Monday it was reintroducing in Greece drugs for treating diabetes it had pulled from the Greek market over a government decree to lower drug prices.
Quiz on Diabetes
Diabetes has replaced every other condition to become the fastest growing lifestyle disease, globally. This disease also impacts children. Some people are more inclined to develop diabetes than others. Do you belong to the high- risk group? Spend 5 minutes to find out.
Diabetes has replaced every other condition to become the fastest growing lifestyle disease, globally. This disease also impacts children. Some people are more inclined to develop diabetes than others. Do you belong to the high- risk group? Spend 5 minutes to find out.
In March, Greece decided in a government decree to slash drug prices by 21.5 percent on average as part of a vast effort to cut its public deficit, which reached 14 percent of GDP in 2009.
Despite requests by the pharmaceutical industry to cancel the decree, Greece announced in May an immediate price cut of 25 percent on all prescription drugs, deemed "unacceptable" by Novo Nordisk.
Diabetes Risk Assessment Calculator
Almost one-third of the people are unaware of the risk factors of diabetes. Find out if you run the risk of diabetes by using Diabetes Risk Assessment calculator.
Almost one-third of the people are unaware of the risk factors of diabetes. Find out if you run the risk of diabetes by using Diabetes Risk Assessment calculator.
He said Greek prices were already among the lowest in Europe, and that a further price cut in Greece, used as a reference for drug prices in other countries, "would trigger similar reductions" elsewhere.
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HbA1c or A1c Calculator for Blood Glucose
HbA1c calculator calculates average plasma and whole blood glucose levels. A1c test tells your average blood sugar level in the past 3 months and helps check whether your diabetes is in control.
HbA1c calculator calculates average plasma and whole blood glucose levels. A1c test tells your average blood sugar level in the past 3 months and helps check whether your diabetes is in control.
Novo Nordisk's sales in Greece amount to 48 million euros (58 million dollars) annually.
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Diabetes Essentials: Types, Complications, Management & Treatment
Diabetes is a metabolic disease caused by insulin deficiency that leads to high blood sugar levels and several associated complications if left untreated.
Diabetes is a metabolic disease caused by insulin deficiency that leads to high blood sugar levels and several associated complications if left untreated.
