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Bosonic

(3,746 posts)
Sat Nov 3, 2012, 08:45 AM Nov 2012

Germany's Merck halts supply of cancer drug to Greek hospitals

Source: Reuters

German pharmaceuticals firm Merck KGaA is no longer delivering cancer drug Erbitux to Greek hospitals, a spokesman said on Saturday, the latest sign of how an economic and budget crisis is hurting frontline public services.

Drugmakers raised concerns with EU leaders earlier this year over supplies to the euro zone's crisis-hit southern half and Germany's Biotest in June was the first to stop shipments to Greece because of unpaid bills.

Publicly-owned hospitals in some countries worst hit by the euro zone debt crisis had been struggling to pay their bills, Merck's chief financial officer, Matthias Zachert, was quoted as saying by German paper Boersen-Zeitung in an interview on Saturday.

He said however that the only country where Merck had stopped deliveries was Greece.

Read more: http://www.reuters.com/article/2012/11/03/us-greece-drugs-idUSBRE8A205Z20121103

32 replies = new reply since forum marked as read
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Germany's Merck halts supply of cancer drug to Greek hospitals (Original Post) Bosonic Nov 2012 OP
Du rec. Nt xchrom Nov 2012 #1
So Greek health care is becoming Americanized. dotymed Nov 2012 #2
That doesn't follow. dipsydoodle Nov 2012 #5
the "Pay to Live" program. DreWId Nov 2012 #6
i dont care whose fault it is. fuck germany for this roguevalley Nov 2012 #7
You can bet that memories of the WW2 German occupation will be revived and that byeya Nov 2012 #8
innocents will suffer roguevalley Nov 2012 #9
Golden Dawn'll have fun with it too; ugh. (nt) Posteritatis Nov 2012 #10
Yes, that's what I am afraid of byeya Nov 2012 #11
There's an argument to be made that Greek anti-fascist partisans helped win the coalition_unwilling Nov 2012 #15
I believe it's a fact that the Greeks put up heroic resistance to the Germans and Italians during byeya Nov 2012 #24
You've just said whose fault you believe it to be. dipsydoodle Nov 2012 #17
Anyone else notice that "dipsydoodle" recites RW talking points on DU brentspeak Nov 2012 #18
Overlooked I'm UK by any chance ? dipsydoodle Nov 2012 #19
Which...doesn't dispute or have anything to do with what I just posted brentspeak Nov 2012 #20
+1 Katashi_itto Nov 2012 #21
Do you even understand this conversation ? dipsydoodle Nov 2012 #23
-1 Katashi_itto Nov 2012 #31
Do please explain precisely which RW drivel you mean dipsydoodle Nov 2012 #22
Greece is in trouble because it cannot devalue its currency to regain competitiveness. byeya Nov 2012 #25
That is a separate issue. dipsydoodle Nov 2012 #26
Pffff. Hardly. I find it insulting you'd accuse Dipsydoodle of such things... octothorpe Nov 2012 #29
The "fault" falls between two distinct places ... Nihil Nov 2012 #27
There is something else odd here dipsydoodle Nov 2012 #30
no thanks report me and racist it aint roguevalley Nov 2012 #32
I smell Angela Merkel at work. n/t BlueToTheBone Nov 2012 #3
Yes and some very old ideas. But then Merck is a corporation and the only interest they have in jwirr Nov 2012 #4
At least the Bankers are getting their money. neverforget Nov 2012 #12
This is just wrong!!!! People will die for lack of these drugs!!!!! LongTomH Nov 2012 #13
does Europe have something like UPS? mrf901 Nov 2012 #14
I don't think the issue is the deliveries, it's unpaid bills. hughee99 Nov 2012 #16
Situation has now been overtaken by other events dipsydoodle Nov 2012 #28

dipsydoodle

(42,239 posts)
5. That doesn't follow.
Sat Nov 3, 2012, 10:57 AM
Nov 2012

In not paying Mercsk's the bills it means that the government chose to spend the funds in an alternative manner.

DreWId

(78 posts)
6. the "Pay to Live" program.
Sat Nov 3, 2012, 11:12 AM
Nov 2012

After all the austerity cuts they've been bleeding any money they could possibly hold onto in order to pay for drugs like that.

But then it all comes down to whether some things are commons (owned by everyone) or if everything can be profitized.

 

byeya

(2,842 posts)
8. You can bet that memories of the WW2 German occupation will be revived and that
Sat Nov 3, 2012, 11:25 AM
Nov 2012

tensions will further rise.
Spain is at 25% unemployment, don't you think they'll take note of Germany's action?

 

coalition_unwilling

(14,180 posts)
15. There's an argument to be made that Greek anti-fascist partisans helped win the
Sun Nov 4, 2012, 12:20 AM
Nov 2012

war for the Allies by forcing Hitler to send Wehrmacht troops there to bail out Mussolini, rather than sending them to the Eastern front to fight the Soviets. The Nazis were brutal to the Greeks.

I had a boss of Greek origins who drove a Mercedes and I used to give him shit (good-natured variety) about it all the time.

 

byeya

(2,842 posts)
24. I believe it's a fact that the Greeks put up heroic resistance to the Germans and Italians during
Mon Nov 5, 2012, 09:02 AM
Nov 2012

the war and no doubt made Germany go into Greece rather than elsewhere.
Thanks for pointing it out.

dipsydoodle

(42,239 posts)
17. You've just said whose fault you believe it to be.
Sun Nov 4, 2012, 05:38 PM
Nov 2012

The fact is that Greece has got socialised healthcare. Its their government who didn't pay the bill.

brentspeak

(18,290 posts)
18. Anyone else notice that "dipsydoodle" recites RW talking points on DU
Sun Nov 4, 2012, 09:57 PM
Nov 2012

yet uses a Che Guevara avatar, as though he's going to fool anyone?

dipsydoodle

(42,239 posts)
19. Overlooked I'm UK by any chance ?
Sun Nov 4, 2012, 10:20 PM
Nov 2012

Even our NHS has issues with drugs they wont supply at all and doubtless would have similar issues if they stopped payment to drug companies for those they do supply.

brentspeak

(18,290 posts)
20. Which...doesn't dispute or have anything to do with what I just posted
Sun Nov 4, 2012, 10:35 PM
Nov 2012

Care to explain, in detail, why you post RW drivel under a Che avatar?

dipsydoodle

(42,239 posts)
23. Do you even understand this conversation ?
Mon Nov 5, 2012, 06:34 AM
Nov 2012


Please note that does NOT allude to your ID : simply the subject in general.

dipsydoodle

(42,239 posts)
22. Do please explain precisely which RW drivel you mean
Mon Nov 5, 2012, 06:33 AM
Nov 2012

Last edited Mon Nov 5, 2012, 07:11 AM - Edit history (1)

as I have no notion whatsoever of what you're harping on about. I have expressed no more than the generally accepted principle that suppliers of goods and services do in fact expect to be paid.

The avatar is associated with support of the Cuban people and their high regard for Guevara. Having been there yourself you will of course understand that.

On the subject of Cuba - Cuba has managed despite the adversities caused by successive US governments as opposed to managing by fraud as have successive Greek governments.

On the subject of payment for goods whatever - you may recall Russia shutting down gas supplies to the Ukraine for the same reason. Do you regard Russia as being RW ?

 

byeya

(2,842 posts)
25. Greece is in trouble because it cannot devalue its currency to regain competitiveness.
Mon Nov 5, 2012, 09:08 AM
Nov 2012

The Euro works to the advantage of Germany and a couple of other countries and to the disadvantage of others. It's not a one-size-fits-all world but the Euro is set up as if it were.
If Greece could devalue and become competitive, then it could grow its way out of the debt problem.

EuroLand needs a treasury which it doesn't have.

dipsydoodle

(42,239 posts)
26. That is a separate issue.
Mon Nov 5, 2012, 09:18 AM
Nov 2012

Yes their being in the Euro does work to the advantage of Germany - not sure of others aside from the French defense contracts.

The current perpetual bailout situation cannot go on forever and I'm surprised , having reached the originally predicted point of November latest, they're not already back on the Drachma whatever. Last news mention on the overall subject in general in Greece was postponement pending outcome of the US elections based on the fact that when something does happen the world financial system is likely to go pearshaped.

This seems to be the latest news on the subject :

Reform votes to end talk of Greek euro exit-PM.

Nov 4 (Reuters) - Talk of Greece exiting the euro will end after critical votes in parliament this week on new austerity measures and the 2013 budget, Greek Prime Minister Antonis Samaras said on Sunday.

On Monday, Samaras's coalition government will submit a package agreed with its international lenders of tax hikes, spending reductions and measures aimed at easing labour restrictions that will cut wages and severance payments and scrap automatic wage hikes.

A vote on the package - expected to pass with a slim majority in parliament - is expected on Wednesday. Lawmakers should then vote on the 2013 budget, which Greece must also approve to receive more aid funds from the International Monetary Fund and European Union, on Sunday.

"Now all this (talk of Greece exiting the euro) will end irreversibly after the two votes this week," Samaras told the deputies of his New Democracy Party.

http://www.reuters.com/article/2012/11/04/greece-samaras-idUSP7E8KR00520121104

octothorpe

(962 posts)
29. Pffff. Hardly. I find it insulting you'd accuse Dipsydoodle of such things...
Mon Nov 5, 2012, 10:54 AM
Nov 2012

I've seen enough of his posts to know that's hardly the case.

 

Nihil

(13,508 posts)
27. The "fault" falls between two distinct places ...
Mon Nov 5, 2012, 10:24 AM
Nov 2012

... (i.e., somewhere between the Greek government for not paying their bills and Merck for drawing the
line on exactly what amount of credit to allow before saying "No more&quot .

Regardless of where you or I believe the exact point happens to be, there is
no need for your racist "fuck germany for this" comment.

Please edit your post.

dipsydoodle

(42,239 posts)
30. There is something else odd here
Mon Nov 5, 2012, 11:04 AM
Nov 2012

In later news on the subject of the drugs companies it looks as though aside from not necessarily paying for the drugs the Greek government had been , until last month , re-exporting some of them.

See here :

The move follows growing concerns about the situation in Greece, where the government last month took the highly unusual step of suspending all drug exports from the country in an attempt to prevent shortages.

http://uk.reuters.com/article/2012/11/05/us-greece-pharmaceuticals-idUKBRE8A40AL20121105

I'm not sure how their socialised healthcare program works. It seems to be the hospitals who were not paying the bills. When a similar situation occurred in Spain the government paid the invoices which is what I would have thought should've happened in Greece.

jwirr

(39,215 posts)
4. Yes and some very old ideas. But then Merck is a corporation and the only interest they have in
Sat Nov 3, 2012, 10:22 AM
Nov 2012

anything is the bottom line.

LongTomH

(8,636 posts)
13. This is just wrong!!!! People will die for lack of these drugs!!!!!
Sat Nov 3, 2012, 10:08 PM
Nov 2012

Words fail me; but, "wickedness," "iniquitous," 'sinful," and just plain evil come to mind!!!!!

hughee99

(16,113 posts)
16. I don't think the issue is the deliveries, it's unpaid bills.
Sun Nov 4, 2012, 02:54 PM
Nov 2012

If someone steps in and pays up, I'm sure they'll resume shipments.

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