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Thursday, December 8, 2022

the Government and the laboratories meet this week

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The pact that was in force established that drugs may increase one point less than the inflation, which in October was 6.3%. In this way, the medicinal specialties they would rise an average 5.3%. The IPC already exhibited an accumulated rise of 76.6% in 2022. The agreement covers all products that are marketed through pharmacies, including over-the-counter.

According to what Noticas Argentinas was able to find out with different chambers and federations that include pharmacies, laboratories and medicinal specialties, they received an email from the Undersecretary of Medicines and Strategic Information of the Ministry of Health, an area that told them that They will be summoned next week on a day and time to be confirmed, to meet together with the Secretary of Commerce and advance in a joint work table.

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Since the agreement is already expired, They request in the same letter that they kindly maintain the pricing policy until the work table occurs and resolve the steps to follow.

Regarding the last three monthsif inflation is observed at a general level compared to the index of the section of Medicinal products, devices and equipment for health, the comparisons show a certain compliance with the agreement, being that:

  • August 4.1% vs. July 7.4%.
  • September 5.4% vs. August 7%.
  • October 6.3% vs. September 6.2%.
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So far this year, costs have accumulated a 72% increase versus a general rate of 76.6%. If you observe the In the last 12 months, inflation for the health medicinal product category amounts to 75.6%versus a general rate of 88%.

In this way, the agreement would have been fulfilled in October. But it is also worth noting that the previous two months “overcomplied” by rising 3.3 points and 1.6 points less than inflation. When looking at the accumulated figures for the year and year-on-year, they are also below inflation.

Source: Ambito

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