Pharmaceutical Industry delay price rises

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JAKARTA, KOMPAS - Indonesia Joint Pharmaceutical Company agreed not to raise the price of branded generic drugs in 2011. Pharmaceutical companies are already raising prices again asked to lower the price of drugs they sell in themarket.

"The decline in prices made  no later than 1 March," said Anthony CH Sunarjo,Chairman of the Pharmaceutical GP Friday (25 / 2) in Jakarta. This decision was taken considering the condition of GP Farmasi Indonesia's purchasing power is increasingly difficult.

According to the findings of GP Farmasi, from about 200 pharmaceutical industry in Indonesia, only 15 industries that raise drug prices. The increase in the price of these drugs occurs in branded generic products that sell quickly.

Some time earlier, the Ministry of Health called for a national pharmaceutical companies not to raise the price of drugs given the purchasing power of the slump."Drugs are not the same as other commodities. Employers can not just think aboutthe business aspect, but also its social aspect, "said Sri Indrawaty, DirectorGeneral of Pharmaceutical and Medical Devices Ministry of Health, whichcontacted separately.


To reduce the high price of drugs, the pharmaceutical industry could reduce theother components, such as reduced profit margins and reduce the cost of ethical promotion of drugs (drugs obtained through prescription).

The increase in drug prices in the market to reach 10 percent when the Ministry of Finance to apply import duty raw materials by 5 percent.

According to Anthony, import duties of 5 percent of this burden on the pharmaceutical industry who bear the increase in other expenses, such as rising raw material prices are mostly imported, the basic electricity tariff, the regional minimum wage, and higher rates of inflation.

Ministry of Health effort to import duties of raw materials derived drugs. The Government is also to socialize the use of generic drugs that are subsidized by the government as bearing the cheap drugs that are guaranteed quality.

Last Updated on Friday, 01 April 2011 08:11

 

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