Ezaby at Masrawy: the "stable" drug market .. And the preference for the pain importer

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Wednesday 11 September 2019

Books – Ahmed Juma:

Ahmed El-Ezaby, president of the Pharmaceutical Industry Chamber of the Federation of Industries, said that the drug market in Egypt is currently stable after a "shake-up" that lasted about three years, following the lack of dollars in the 2016

At the beginning of November 2016, the central bank decided to liberalize the exchange rate of the pound to stabilize the currency markets after weeks of turbulence.

He added "Ezaby" in Masrawi's statements on Wednesday that things are going well between the Ministry of Health and pharmaceutical companies, citing the example saying "if a company produces one of the necessary items for the market and its price is lower than its cost, there is no other solution than to stop production or negotiate with the pharmacy management to increase its price, and these are technical operations, which are all studied between the ministry and the companies ".

After weeks of "sterling fluctuation", the Ministry of Health (in January 2017) decided to increase the prices of over 3,000 medicines. Since then, the Ministry of Health has studied with pharmaceutical companies to increase the prices of their brands individually with a decision of the Pharmacy Department's Price Committee.

"If there had been a problem in the sector, we would have talked about it," said the head of the pharmaceutical industry. "Things have stabilized now and the market failures are not so many".

He pointed out that the Chamber of Pharmaceutical Industry did not submit a request to the Ministry to move the new prices.

Al-Ezaby pointed out that the sales volume of the pharmaceutical market in Egypt ranges from 60 to 65 billion pounds per year, with an increase in consumption of 10 to 15% per year.

He explained that some experiments have been implemented on the application of the "drug traceability" system, which guarantees the connection between pharmaceutical companies, distributors and pharmacies, which should be implemented at the beginning of 2020 and distributed to all pharmacies in the second quarter of the same year.

The drug tracking system allows to know the course of the drug from production up to the patient; contribute to the elimination of the phenomenon of fraud or drug smuggling, as the Ministry of Health hopes to apply.

On the ongoing dispute over the preference of imported medicine on the premises, dr. Ahmed El-Ezaby stated that the pharmaceutical industry is one of the industries in the world. "There is a constitution that governs the pharmaceutical industry, which is the stages of production, weights, preservatives and machines and effective and operational individuals, worldwide."

According to data from the Chamber of Pharmaceutical Industry, the consumption of locally manufactured medicines represents 90% of the number of available drugs, while imported medicines represent only 10%.

chains

El Ezaby, one of the largest owners of pharmaceutical groups in Egypt, believes that "pharmacy chains" operate legally in Egypt, based on the establishment of a company in the investment management authority for pharmacy management.

While the Ministry of Health forbids the pharmacist to own more than two pharmacies, "the fact is that the pharmacist with the chain has two pharmacies authorized in his name, and the rest are contracts with pharmacists," he says.

"It is possible that the pharmacist cannot manage the pharmacy and therefore resort to the group to develop and operate for a proportion of performance."

This stems from a state of controversy from the Ministry of Health's decision to remove Dr. Ahmed El-Ezaby and Dr. Hatem Rushdie, from the records of the ministry's pharmacists, implementing the judicial ruling issued by writing them from the Pharmacists Syndicate, for taking borrow the names of pharmacists so that they can open and manage more than one pharmacy.

However, El-Ezaby has previously assured Masrawi that the crisis is over and that its pharmacies are functioning normally.

"The Egyptian pharmaceutical authority will make the pharmaceutical industry completely independent without any dependence on any other party or sectors," he explained, "El-Ezaby", stressing that the authority needs two years to play its full role, the need for cadres and intensive training.

President Abdel Fattah El Sisi, at the end of August, ratified the institution of the Egyptian medicines authority, an alternative to the national authority for drug control and research and replaces the Ministry of Health and other entities and administrative entities; to regulate the registration, management and control of pharmaceutical products and supplies.

Ahmed El – Ezaby (t) Chamber of medicine industry (t) Medicine (t) Federation of industries

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