Frustrated The Purposes Of Research Drugs In Vietnam, “limit Order”
In the past few months, the Vietnamese government launched various initiatives at all levels, efforts to control inflation. This year in April, the Vietnamese Ministry of Health Drug Administration announced a four-month ban on drug prices, to end on June 30. However, in the implementation process, some companies still raise prices without permission.
The provision has been suspended until the Vietnam Drug Authority Guoqiang (TRUONG QUOCCUONG) examine the market conditions before making a decision.
Vietnam Domesco Medical Import and Export Import and Export Director LePhoung18 stock company at the interview said: “Drug raw materials prices rose sharply in recent years, however, the prices of medicines and Drug Administration agreed to undergo.” He said, has been been able to get the drug approved by very low prices, and a ban introduced in April, prices for pharmaceutical companies with no chance.
Some local pharmaceutical company said raw material prices have risen five times, plus the VND devaluation, rising interest rates and hospital event of default, ban them miserable. Drug Administration to respond, to suspend the ban. Zhang Guoqiang from Jan. 10 to 21 subsolar primary conduct research to learn more about pharmaceutical manufacturers, vendors and the difficulties faced by hospitals and will give due consideration to price increases of enterprises.
Particularity of medicines, the Government and Drug Administration will request financial support to help the system Pharmaceutical companies Industry tide over the difficulties; It also urged Health Insurance Some funding agencies will advance to the hospital to enable them to timely payment.
Ice three feet thick, cold day. Drug prices in Vietnam from the end of 2004 begin to show up on the trend.
According to “Saigon Liberation Daily” November 24, 2004 report, when the Vietnamese market, some of the drugs rose 20% to 50%, and chloramphenicol eye drops of rose as high as 200%. January 2006, a number of pharmaceutical companies and distributors without the approval of the government, raised a number of Prescription drugs The price of goods, especially imported medicine. Another Vietnamese official media
February 15, 2006 is mentioned in a report, then a packet of painkillers trademark name Alaxan risen from 5,000 VND 77,000 VND. A local production of antidiarrheal drugs Becberin risen from VND 1,300 VND 900 per bottle.
Vice president of Vietnam Central Committee Pham VanQuan pharmaceutical company was pointed out that a number of pharmaceutical distributors to increase profits, intends to hoard drugs, or import a small quantity, creating a market shortage of drugs, take advantage of price elevation. Meanwhile, there are some companies that increase is because of the pressure of rising costs of raw materials. Vietnam’s rapid development of the industry standard escalation. Implemented in the pharmaceutical industry, pharmaceutical manufacturing practices (GMP-Good Manufacturing Practice) increased the production costs of enterprises.
Vietnam Drug Administration requires that all the drug companies must make drug importation, wholesale and retail prices available online, and hope that a transparent pricing system allows the patient to the best prices for drugs.
Vietnam Drug Administration’s investigation will be concluded on the 21st of this month, when the second half will be re-estimated price of drugs.
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