Medicine shortage exacerbated by inflexible pricing, says industry analysis

  • 📰 IrishTimesBiz
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 77%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Industry executive says Ireland needs to rethink one-way approach to pricing if it is to ease pressure on pharmacies via IrishTimesBiz

The medicines currently experiencing shortages, according to the HPRA are used across a range of health areas, including infection, pain relief, cancer treatment, seizures, mental health, blood pressure, diabetes and hormone replacement therapy.

“The consequence is that patients and pharmacists are in an ever-worsening situation. Patients will be increasingly anxious. Pharmacists are exposed by the reality of single-source supply situations, overstretched doctors and inflexibility to give them new mechanisms to respond.” “The problem for the industry generally is that prices in the EU are so low that companies have shut down the plants that make the active pharmaceutical ingredient and moved to the lowest-cost source,” Ms Gannon said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

CathMurphyTD Reminder we are the 6th largest pharma producing country in the world

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Security industry officials meet to try to break impasse over pay dealCriticism of Minister’s failure to fight for agreement between employers and workers he was due to sign in August
Source: IrishTimes - 🏆 3. / 98 Read more »