Drug Prices in Egypt Surge by 20% ...Egypt

Egyptian Streets - News
Drug Prices in Egypt Surge by 20%
source : Egyptian Streets ( Egypt ) () 38
Photo source: Daily News Egypt Egypt has witnessed a significant surge in drug prices, with costs increasing by up to 20 percent, announced Ali Ouf, head of the Pharma Division of the Federation of Egyptian Chambers of Commerce.  This sharp rise, attributed to a range of economic pressures, is raising concerns about the affordability and accessibility of essential medications across the country. Ouf highlighted that the price hike is primarily driven by the rising cost of raw materials, exacerbated by the ongoing depreciation of the Egyptian pound against foreign currencies.  The increased operational costs within the pharmaceutical industry, including higher transportation and energy expens

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