Announcement

Collapse
No announcement yet.

Drug Prices To Rise

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Drug Prices To Rise

    DRUG PRICES TO RISE

    http://www.aysor.am/en/news/2012/12/24/samvel-zaqaryan/
    24.12.2012, 14:01

    A growth has been recorded in Armenia's pharmaceutical sector in the
    past ten years.

    Director of the Union of Armenia's Drug Manufacturers and Importers
    Samvel Zakarain summed up the year, saying that by estimate, an annual
    growth of 13-14% was recorded. Exports grew by 9-10%.

    Starting from January 1, the good manufacturing practice (GMP)
    standard introduction process will begin in Armenia. In this case,
    raw materials, equipment, even the color of the walls in a drug store
    and the uniform of its staff shall be in line with European standards.

    In recent months there were press reports that prices of 80% of drugs
    grew by 30%. In this connection Zakarian said: "The drug market is
    stable, prices have not risen. Prices of some drugs grew by 6-8%
    due to some issues, such as transportation, and so on. Instead,
    prices of many drugs have fallen".

    The GMP standard introduction process is expensive, due to which a
    growth in prices in possible.

    Zakarian promised that the price growth will be a slight one.

Working...
X