It was also clarified that “each associated laboratory will exercise the power to individually adhere to this initiative.” And he ends by assuring that “the pharmaceutical industry present in Argentina maintains its goodwill and collaboration with the Government.”
At the meeting last Thursday, an agreement was reached between the government and the pharmaceutical companies for the freeze. Today was the last day for the laboratories to respond, but Feletti had already anticipated that they “showed understanding”, in statements to Radio 10.
When the freeze ends, on January 7, the idea of the Ministry is to maintain a basket of medicines at regulated prices, of around 500. In addition, it will reinvigorate the prescription of medicines by generic name, so that the consumer can choose the price for the drug that was prescribed.
According to a report prepared by the Center for Political Economy (CEPA), from September 2020 to October 2021 the monthly variations in the price of medicines increased, adding 65.9%, that is, 4% monthly cumulative. In addition, they expressed that “the loss of purchasing power of the minimum retirement measured in medicines for the period April 2018 to November 2019 was nothing more and nothing less than 35%.”
Finally, CEPA reaffirms the participation of imported inputs in the production process. However, it establishes a caveat: between April 2021 and October 2021, the exchange rate shows a variation of 6.8% while the increase in drug prices moves 3.5 times more than the rate of depreciation of the Bank Central.
Source From: Ambito
David William is a talented author who has made a name for himself in the world of writing. He is a professional author who writes on a wide range of topics, from general interest to opinion news. David is currently working as a writer at 24 hours worlds where he brings his unique perspective and in-depth research to his articles, making them both informative and engaging.
