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The pharmacy profession in Egypt is experiencing an escalating crisis due to the increasing number of pharmacists leaving the industry, accompanied by financial losses resulting from price gaps in the pharmaceutical market. Over the past three years, approximately 1,500 pharmacists have voluntarily requested to surrender their licenses. The crisis is also linked to rising medication costs and pharmacists bearing the burden of price differences, which impact pharmacy profits, causing them to lose between 5% and 7% of their inventory value each month. At the same time, pharmacists are calling for an increase in profit margins from 2% to 5% to help them face these financial challenges, amid a surplus of graduates and weak demand in the market.
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