2 Days
Source:
المصري اليوم
Source: المصري اليوم
2 Daysالمصري اليوم
Source: المصري اليوم
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Drug prices in Egypt do not automatically rise when the dollar strengthens. Requests for repricing are assessed using a formula that takes into account the exchange rate, inflation and interest rates. These indicators must reach 10% or more and remain stable for 45 days before a request can be considered. Mahfouz Ramzy, head of the Drug Manufacturing Committee at the Pharmacists Syndicate, said that a company’s request does not guarantee approval. Each case is reviewed in light of production costs and economic data, and an increase may be rejected or vary from one product to another. Discussions of the requests may not begin before next March, and the outcome will depend on the indicators at the time of review—including the possibility that the dollar’s exchange rate may have changed.
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