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Companies / Venezuela

Venezuela Launches Antibiotics Crackdown

May 2006 | Company Finance Alert
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Venezuelan authorities have launched a crackdown on pharmacies illicitly dispensing prescription antibiotics. The move has been linked to growing resistance to antibiotics, following a survey last year. A new regulation - published in January 2006 - increased penalties against over-the-counter sales of antibiotics, introducing the threat of fines and closure. Health Ministry Order 604 specifically regulates the sale of powerful antibiotics such as cephalosporins, as well as all antibiotics that have rifampicin as an active