Italy's average supplier-payment delays creep up, individual regions fare worse
This article was originally published in Clinica
Executive Summary
The Italian medtech industry has reported only small increases in supplier-payment delays nationally so far this year. The national average has crept up from 280 days, at the end of January, to 292 days at the end of April, according to industry federation Assobiomedica's outstanding payments index (DSO). Of the 20 individual regions, the worst performers at the end of April were Molise, at 676 (up from 577 in January), and Calabria, at 652 days (up from 615). The best performers were Friuli, at 85 days (up from 83), and Trentino Alto Adige, at 106 (up from 104). 2008 saw a marginal fall in average payment delays, from 286 to 269 days, having peaked during the year at 315.
You may also be interested in...
Kenvue Breaks Ground On New Headquarters, Appoints Chief Corporate Affairs Officer
Firm hosts groundbreaking for 290,000 square-foot global headquarters it’s having built in Summit, NJ, starting with 100,000 square-foot science and innovation and expected to open in 2025. It announced adding Russell Dyer as chief corporate affairs officer starting 13 March.
Xaira Launches With $1bn-Plus And End-To-End AI Strategy
ARCH and Foresite incubated the company and recruited Genentech R&D veteran Marc Tessier-Lavigne to keep data generation, machine learning research and drug development under one roof.
‘Clear’ Is In The Eye Of The Beholder, New York, CRN Argue In Age-Restricted Sales Litigation
CRN’s request for clarification, as it continues litigating complaint in US District Court for Southern New York, highlights what it contends is vague and overly general language in the legislation passed in October with a 22 April effective date.