Market intelligence, trend analysis and forecasts for the Pharma and Healthcare industries across the regions

Companies / Indonesia

Industry Refutes Drug Price Claims

November 2006 | Industry News

The International Business Chamber (IBC) in Indonesia has denied that the responsibility for high drug prices lies with pharmaceutical manufacturers. The industry is struggling to alter this negative perception, and this has not been helped by the President of Indonesia calling for local pharmaceutical companies to make drugs more affordable and to stop taking advantage of public ignorance over medicines. The health ministry has seemingly followed suit and decided to impose swingeing price reductions on over 400

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