Companies / Indonesia
Government Slashes Drug Prices
November 2006 | Industry NewsThe Indonesian health minister has lowered the prices of some 458 medicines in the country, in the largest move of its kind witnessed in the country. Drug prices in the country are exorbitantly high with only around a quarter of patients able to afford to fill their prescriptions. This is a phenomena that is being witnessed all over the world as drug prices are rising in accordance with countries' GDPs, and growing consumer income. Drug companies set prices at levels determined by what the market the bear. However, in countries such as Indonesia and the Philippines where there is
Sorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
If you would like to subscribe to Asia Pacific Pharma & Healthcare Insight and gain instant access to this article, please click here to subscribe.
If you would like to take a trial to Asia Pacific Pharma & Healthcare Insight please click on the trial link below.
