Egypt's current account gap narrows, but overall BoP records deficit    Egypt's PM reviews debt reduction strategy, eyes more private investment    Egypt hosts international neurosurgery conference to drive medical innovation    Egypt, India discuss expanding industrial, investment partnerships    World Bank proposes Egypt join new global health initiative    Egypt's EDA discusses Johnson & Johnson's plans to expand investment in local pharmaceutical sector    I won't trade my identity to please market: Douzi    Sisi sends letter to Nigerian president affirming strategic ties    Egypt welcomes 25-nation statement urging end to Gaza war    Egypt, Senegal sign pharma MoU to unify regulatory standards    Egyptian pound ticks down in early Tuesday trading    Famine kills more Gaza children as Israel tightens siege amid global outrage    Kuwait's Crown Prince, Egyptian minister discuss strengthening cooperation    Egyptian Drug Authority discusses plans for joint pharmaceutical plant in Zambia    Egypt's FM seeks deeper economic, security ties on five-nation West Africa tour    Two militants killed in foiled plot to revive 'Hasm' operations: Interior ministry    Egypt foils terrorist plot, kills two militants linked to Hasm group    Egypt, Somalia discuss closer environmental cooperation    Egypt exports 175K tons of food in one week    Giza Pyramids' interior lighting updated with new LED system    Egypt's EHA, Huawei discuss enhanced digital health    Foreign, housing ministers discuss Egypt's role in African development push    Korea Culture Week in Egypt to blend K-Pop with traditional arts    Egypt, Uruguay eager to expand trade across key sectors    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Health Ministry Raises Fees of Medicine Pricing and Registration Procedures by 600%
Published in Almasry Alyoum on 20 - 01 - 2009

The Ministry of Health has decided to raise the fees to register and price medicines and carry out some related procedures by between 200% and 500% starting from January 15.
The officials of some companies described the decision as unfair, saying it put a burden on companies and patients.
A source at the ministry said that the prices of medicines would not go up and that these costs would be incurred by the companies in order to control their performance and provide financial resources to improve the performance of the pharmaceutical department.
According to the ministerial decree, registration fees have gone up from LE 3,000 to LE 10,000, while pricing fees from LE 1,000 to LE 4,000.
Any modification to the drug file (after receiving the approval) will now have to be paid LE 5,000, while it used to be for free. As for changing the shape of the package, it will cost LE 2,000 whereas it used to be for free as well, while it will be possible to move production to another factory, something which used to be for free too, in consideration of LE 3,000. Therefore, the total fees have risen by 600% (from LE 4,000 to LE 24,000).
Assistant Health Minister for Pharmaceutical Affairs Kamal Sabra refused to talk about the reasons and the timing of this decree saying he had to attend important meetings.
Meanwhile, sources at the pharmaceutical department said the decree would not affect the prices of drugs but would instead control companies' rhythm of work. He said companies used to take advantage of these non-existent fees to carry out many changes, which meant much effort and time spent by the department.
Some pharmaceutical producers rejected these modifications and said the new fees would inevitably increase the final prices of medicines.
However, Dr. Osama Rostom, member of the board of directors of one of the major pharmaceutical companies, said the new fees would not lead to higher prices, as the ministry would not take these increases into account when calculating the costs.
He said he approved the decree, as he thought it would regulate companies' work and alleviate the burden on the ministry, while driving many unauthorized companies out of the market.
Rostom called for putting cost and pricing experts inside the ministry's pricing committees, saying this would help set a clear and fair pricing policy.


Clic here to read the story from its source.