Novartis AG (NVS) Halts Delivery to Second German Drug Wholesaler
11/28/2011 10:12:05 AM
The conflict between Novartis and German wholesale drug sellers about delivery conditions is widening, with two more wholesalers saying on Thursday the Swiss company has stopped supplying them with pharmaceuticals products. Phoenix , the market leader in pharmaceutical wholesale in Germany, and rival Sanacorp said they have stopped receiving deliveries in Germany from Novartis this month. Gehe Pharma Handel, a unit of Celesio AG , said on Nov. 9 the two companies have been negotiating about delivery conditions for some time and that Novartis wanted to change the conditions unilaterally.
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