Reuters: Regulatory News: CORRECTED-UK considers 10-20 percent price cuts for some drugs

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CORRECTED-UK considers 10-20 percent price cuts for some drugs Jun 20th 2013, 11:04 LONDON, June 20 | Thu Jun 20, 2013 6:37am EDT LONDON, June 20 (Reuters) - Britain's Department of Health said on Thursday it was considering cutting drug prices by between 10 and 20 percent under pricing arrangements with industry to ensure the state healthcare system gets good value for money. Governments across Europe have been taking a tough line on medicine costs as stagnant economic growth hits budgets.

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