October brings 42 pharmacy bankruptcies, says Cegedim

“This moment is even worse than 1997. We shouldn’t have discovered in October that we don’t have money for 2009,” said Petru Craciun (in pic), head of Cegedim in Romania. The reduction in sales will trigger the exit of 500 drugs from pharmacies by year -end, which is double the number of drugs which stop being sold each year.