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Biotest AG First Drugmaker To Exit Greece-Reuters


Saturday, 16 Jun 2012 11:56pm EDT 

Reuters reported that Biotest AG would stop shipments to Greece in July, becoming the first drugmaker to announce it would quit the debt-mired country's market because its bills had not been paid. Though a relatively small player in Greece, the company's exit sets an unwelcome precedent for a country whose healthcare system is crumbling under the weight of economic crisis and administrative deadlock. 

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24 May 2013