Insurance Firms Owe $1b to Pharma

EghtesadOnline: The outstanding debts owed to pharmaceutical companies by insurance firms have tipped this sector into recession, the chairman of Majlis Health Commission said.

News ID: ۷۷۹۵۸۱

07 October 2017

Noting that insurance firms owe as much as 40 trillion rials ($1.02 billion) to pharmaceutical companies, ILNA quoted Ali Nobakht Haqiqi as saying that the Planning and Budget Organization of Iran has promised to allocate a fraction of this amount to the industry.