Price: $ 1295
BMI View: The Arzneimittelmarkt-Neuordnungsgesetz (AMNOG) legislation will constrict drug companies' revenue-earning opportunities in Germany. While the law has focussed on the regulation of the pricing of newly approved drugs relative to their benefit over already-existing therapies - hitting companies hard - the government is now clamping down on prices set by drug companies back in Germany's free pricing era. Headline Expenditure Projections ? Pharmaceuticals: EUR38.89bn (US$49.39bn) in 2012 to EUR37.93bn (US$50.45bn) in 2013; -2.5% in local currency terms and 2.2% in US dollar terms. ? Healthcare: EUR291.82bn (US$3970.61bn) in 2012 to EUR297.32bn (US$395.43bn) in 2013; +1.9% in local currency terms and +6.7% in US dollar terms. ...
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