Industry / Egypt
New Drug Pricing Regime Highlights Two Tiered Approach
December 2009 | Industry Trend AnalysisOther firms argue that the 10% reduction is too much and that the reference countries should have included more developing markets with similar economic conditions to Egypt for a better alignment of purchasing power. Lowering the price of patented medicines is likely to be a political tool for raising public favour - although even patient rights groups have contested that access to medicines will not actually increase with the new pricing strategy.
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