Ministry Of Health Lowers Essential Drug Prices

BMI View: Although the UAE's price re-evaluations of over 200 essential pharmaceuticals will have a negative effect on the total size of its pharmaceutical market, the extent of the fallout has been overstated for political effect. The price reductions should be taken in the context of regional cost-containment measures as the countries of the Gulf Cooperation Council (GCC) compare their own consumer purchasing prices with those of Saudi Arabia. The UAE is attempting to align its prices with those of the region's biggest player, but lacks the bargaining power of a larger population. This is part of a wider trend

To read the full article, please choose one of the following options: