Industry Pushing For Rise In Drug Prices

The pharmaceutical sector in Argentina has expressed growing concerns over low profitability. Drug prices are expected to increase by 14.5% during 2010, which is well below the government's forecast of cumulative inflation of 25%. This high inflation projection is supported by BMI's Country Risk team, who believe the Argentines will face very high inflation in 2010 due to the government's lax fiscal stance and other counterproductive policies. The 14.5% rise in drug prices is a mere 1.5% increase on the rate of inflation for drugs in

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