Pharmaceutical Industry delay price rises - Page 2

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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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