Double your money
2005-10-25
Designated Health Minister David Rath sacked the head of the
ministry's drug-regulation division yesterday and, according to
Právo, will also replace the head of the drug-categorization
committee. The next step will likely be to increase the use of
generic drugs, which would work to the advantage of Zentiva.
This scenario is similar to what happened at TV Nova. A
successful company was made even more profitable by getting it
into shape and taking advantage of market regulation. PPF
doubled its money on TV Nova and could do the same at
Zentiva. Rath has made the headlines for his remarks about "that
cranky old man" Václav Klaus but has received little publicity for
his concrete decisions about healthcare spending. He boasts of
being a successful businessman and knows that big money is at
stake. Let's hope that he has the interests of taxpayers and
patients foremost in mind.
[Czech Republic medicine pharmaceutics]
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