BMI Highlights Investment Opportunities And Risks In The Local Pharmacy Sector

BMI View: The Italian pharmaceuticals and healthcare sector will be the target of further cost containment measures in 2011, as while public hospital spending has decreased, hospitals owe drugmakers billions of dollars. Italy is living on borrowed time and the soaring national debt must be addressed at some point to avoid a major fiscal crisis. We therefore expect deteriorating prospects for drugmakers and other providers of medical service, such as pharmacies, in the European

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