Prices for chronic disease medications in Egypt to surge by at least 20-25% ...Egypt

EGYPT INDEPENDENT - News

The head of the manufacturing committee at the Pharmacists Syndicate, Mahfouz Ramzi, announced that the prices of chronic disease medications – such as diabetes and blood pressure medications – will increase by at least 20 percent or 25 percent. In a phone interview on the “Happens in Egypt ” program, he explained that, “Pharmaceutical companies have submitted requests to raise the prices of their products by 50 percent due to the change in the exchange rate of the Egyptian pound against the dollar. However, there is no such thing as a 50 percent increase in drug prices at once, and the relevant authorities are currently studying the price increase.” He confirmed that the least expensive med

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Last updated : 18 April 2024 clock 11:45 AM

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Prices for chronic disease medications in Egypt to surge by at least 20-25% ...Egypt

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