Warburg Pincus Reportedly Considering Legal Action Over Pharmacy Law Change in Poland
Warburg Pincus is reportedly, according to Bloomberg, considering legal action over a change to pharmacy law in Poland that it says could harm its investment in the country.
The Polish government recently passed a law that would allow pharmacists to open up to three additional pharmacies in their district.
Warburg Pincus says that this law would give an unfair advantage to independent pharmacists and could drive out its investment, which is a chain of pharmacies called Dr. Max.Warburg Pincus has not yet filed a lawsuit, but it has said that it is “considering all options” to protect its investment.
The company has also said that it is in talks with the Polish government about the law change.
The law change has been met with criticism from other pharmacy chains in Poland.
They say that it will lead to a decline in the quality of pharmacy services and could increase the cost of prescription drugs.
The Polish government has defended the law change, saying that it will make it easier for people to access pharmacies.
The government has also said that it will not affect the quality of pharmacy services.The law change is still being debated in Poland.
It is not clear if Warburg Pincus will file a lawsuit, but the company’s threat of legal action could put pressure on the Polish government to reconsider the law.
