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Medicine Procurement Violations Badly Damage Armenian Budget

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  • Medicine Procurement Violations Badly Damage Armenian Budget

    MEDICINE PROCUREMENT VIOLATIONS BADLY DAMAGE ARMENIAN BUDGET

    PanARMENIAN.Net
    October 5, 2012 - 14:22 AMT

    PanARMENIAN.Net - Market research in the field of procurement
    of medicines by State Commission for the Protection of Economic
    Competition of Armenia has revealed cases of anti-competitive
    agreements, with several companies fined.

    Natali Pharm, a major distributor of medicaments in Armenia, was
    fined AMD 50 mln.

    The damage inflicted on the state budget as a result of the violation
    of public procurement process totaled AMD 1,5 bn. With 134 hospitals
    and 300 companies inspected, the study revealed that 134 health
    institutions purchased about 100 medicines without competitive bidding.



    From: Emil Lazarian | Ararat NewsPress
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