Federation of Chambers of Industry: pharmaceutical plants in a real disaster and call either finance or medicine rate peg
Article Date: 05/20/2013
Economic Newspapers:
Warned the head of the "Federation of Syrian Chambers of Industry" Shihabi Knight, that the vast majority of drug labs, you will have to stop the production of about 70% of the bio-pharmaceutical items that are normally produced, because the current exchange rates will lead to higher costs to the extent that the costs of production, in the end will be higher than the prices of specific "and the Syrian Ministry of Health."
The Shihabi according to the newspaper "Al-Watan" local, that coefficient drugs that lose work at a cost of production since only about two years, will stop in this case for production, and most of these plants that we have received communications from and from different provinces, most notably in Aleppo and Damascus was forced to stop production of most brands.
He pointed out that the most important factor in this crisis, is the high exchange rate of the dollar against the Syrian pound, and that "the Central Bank", which was initially based financing imports of raw materials used in industry pharmaceutical prices incentive is turned off now for this funding, so the coefficient amounting to about 70 drug labs - including about 15 plants shut since the period because of security conditions - are working at half their energy productivity, and its current situation is a disaster.
The Shihabi that when you have these plants to import materials preliminary based on exchange rates on the black market, they soon will go bankrupt and thus stop inevitably work, "This is a disaster solved draw the government and that is their responsibility, and that any question about reasons stopped the central support for these imports are directed only to the government. "
The Chairman of the Union that these laboratories on the verge of bankruptcy and therefore this situation is the beginning of a real disaster is not the availability of medicine homemade and the entry of the drug smuggler, who up prices to five-fold local at least, knowing that medicine is not a reliable quality because smuggler no one may know where it came from and what is its source.
And transfer Shihabi demands of manufacturers medicine in Syria, cross-linked pricing of medicine at the dollar, and that the "Ministry of Health" issued Bulletin pricing monthly drugs, so also did many other countries in its similar to our case, to be tied to the price of the dollar rise or decline, " Because the current price no longer find useful with the industrialists, and thus will be forced to close their premises, and this issue should be the government is only responsible for it first and foremost in front of people, because it is very dangerous and requires a quick solution. "
He said: "I recall here the prices obtained by the energy industry, as drug manufacturers buy-liter diesel is about 60 pounds and the fuel at a price ranging between 40-50 pounds per liter."
The pay-fold except transportation costs thefts in the provinces, now comes the growing rise of exchange rates, to be the reason for the stop of these plants and the disruption of the drug from the market, and this is the most dangerous thing may affect the national economy and the complex is dissolved.
He said Shahabi: "We as a union rooms Syrian industry guarantee after any increase in the price of the drug, that remains the price of drugs Syrian cheaper globally and be cheaper than medication Turkish, Lebanese, Jordanian, Egyptian and others, but it is not unreasonable to say to this industrial go and committed suicide."
And on the proposals occur Shahabi: "Either must be funded at funding they have provided which is between 70-80 pounds, which makes the plant medicine are able to work within the framework of current prices., But if he could not central to secure this price and asked us to rely on dollar exchange rates in the black market, the drug product will be unable to production, but if the price of drugs was linked with the high price of the dollar, in addition to the publication of the Ministry of Health for all laboratories once at least a month and either edit the prices of medicine. "
Shihabi confirmed that the drug producers do not like the idea of liberation of medicine prices, because there are greedy when others would lead to a monopoly of some varieties, which will lead to the entry in the maze of ominous.
He concluded by saying: "All our proposals, including liberalization of prices will not lead to drug make Syrian medication higher price of Mthilath in other countries at all, on the contrary it will remain cheaper than the others."
I suggest "the Scientific Council of the Syrian pharmaceutical industry" modify pricing Aladulah based on the price of the actual dollars, where the face of a memorandum to the Prime Minister Wael palate, in which he stressed that since the issuance of the final decision to amend the prices of medicines proportions of certain, I got some of the developments that require intervention quickly to save the industry and to ensure that continuation.
The "Scientific Council" in his note that the most important of these developments is that the "central bank" stopped recently securing foreign exchange allocated to the pharmaceutical industry at the official rate. And the price of the dollar actual arrived during the past two months to 135-140 pounds while the price according to the official publication about 97 pounds
And the "Scientific Council for Medicine," that in order to ensure that this industry continues to be making the right decision on pricing and fairness, the proposal to amend the pricing of medicines based on the actual price of the dollar.
He justified so that the stock of raw materials, which were laboratories rely on it has now run out, and any continuation of production requires a renewal of the stock at the current price of the cut, with reference to the continuing difficulties import impact in the industry, such as the difficulty of the conversion, transport and higher freight and insurance.
He noted the Scientific Council also supported the government for the pharmaceutical industry National through two axes: first, to secure some of the pieces by "central bank" at the official rate, and adjust prices according to specific segments, recalling that the price was upon issuance of the amendment eighty pounds, and the intervention price 87-88's. Q.
However, the Council, that the continuation of the pharmaceutical industry production, with proposals mentioned will remain a guarantee of citizens' health and treatment, alternative so it will not be in his interest, such as stop factories for the production and loss of drugs from the market and the trend towards smuggling and import puts a citizen faced with two choices are not in his favor, namely: "Do not ensure the quality of the drug and its high price several times, not to mention the availability of appropriate medication in a timely manner. "
Council concluded his memo, certainly the prime minister, the need to consider and approve the proposals discussed with the "Scientific Council" as soon as possible, after you select a date for the Prime Minister this matter.
Do you have questions about the subject or person or institution or need expert advice? Ask your question in the "economic answers" to tell you the owners of the experience or opinion of the readers ...
Article Date: 05/20/2013
Economic Newspapers:
Warned the head of the "Federation of Syrian Chambers of Industry" Shihabi Knight, that the vast majority of drug labs, you will have to stop the production of about 70% of the bio-pharmaceutical items that are normally produced, because the current exchange rates will lead to higher costs to the extent that the costs of production, in the end will be higher than the prices of specific "and the Syrian Ministry of Health."
The Shihabi according to the newspaper "Al-Watan" local, that coefficient drugs that lose work at a cost of production since only about two years, will stop in this case for production, and most of these plants that we have received communications from and from different provinces, most notably in Aleppo and Damascus was forced to stop production of most brands.
He pointed out that the most important factor in this crisis, is the high exchange rate of the dollar against the Syrian pound, and that "the Central Bank", which was initially based financing imports of raw materials used in industry pharmaceutical prices incentive is turned off now for this funding, so the coefficient amounting to about 70 drug labs - including about 15 plants shut since the period because of security conditions - are working at half their energy productivity, and its current situation is a disaster.
The Shihabi that when you have these plants to import materials preliminary based on exchange rates on the black market, they soon will go bankrupt and thus stop inevitably work, "This is a disaster solved draw the government and that is their responsibility, and that any question about reasons stopped the central support for these imports are directed only to the government. "
The Chairman of the Union that these laboratories on the verge of bankruptcy and therefore this situation is the beginning of a real disaster is not the availability of medicine homemade and the entry of the drug smuggler, who up prices to five-fold local at least, knowing that medicine is not a reliable quality because smuggler no one may know where it came from and what is its source.
And transfer Shihabi demands of manufacturers medicine in Syria, cross-linked pricing of medicine at the dollar, and that the "Ministry of Health" issued Bulletin pricing monthly drugs, so also did many other countries in its similar to our case, to be tied to the price of the dollar rise or decline, " Because the current price no longer find useful with the industrialists, and thus will be forced to close their premises, and this issue should be the government is only responsible for it first and foremost in front of people, because it is very dangerous and requires a quick solution. "
He said: "I recall here the prices obtained by the energy industry, as drug manufacturers buy-liter diesel is about 60 pounds and the fuel at a price ranging between 40-50 pounds per liter."
The pay-fold except transportation costs thefts in the provinces, now comes the growing rise of exchange rates, to be the reason for the stop of these plants and the disruption of the drug from the market, and this is the most dangerous thing may affect the national economy and the complex is dissolved.
He said Shahabi: "We as a union rooms Syrian industry guarantee after any increase in the price of the drug, that remains the price of drugs Syrian cheaper globally and be cheaper than medication Turkish, Lebanese, Jordanian, Egyptian and others, but it is not unreasonable to say to this industrial go and committed suicide."
And on the proposals occur Shahabi: "Either must be funded at funding they have provided which is between 70-80 pounds, which makes the plant medicine are able to work within the framework of current prices., But if he could not central to secure this price and asked us to rely on dollar exchange rates in the black market, the drug product will be unable to production, but if the price of drugs was linked with the high price of the dollar, in addition to the publication of the Ministry of Health for all laboratories once at least a month and either edit the prices of medicine. "
Shihabi confirmed that the drug producers do not like the idea of liberation of medicine prices, because there are greedy when others would lead to a monopoly of some varieties, which will lead to the entry in the maze of ominous.
He concluded by saying: "All our proposals, including liberalization of prices will not lead to drug make Syrian medication higher price of Mthilath in other countries at all, on the contrary it will remain cheaper than the others."
I suggest "the Scientific Council of the Syrian pharmaceutical industry" modify pricing Aladulah based on the price of the actual dollars, where the face of a memorandum to the Prime Minister Wael palate, in which he stressed that since the issuance of the final decision to amend the prices of medicines proportions of certain, I got some of the developments that require intervention quickly to save the industry and to ensure that continuation.
The "Scientific Council" in his note that the most important of these developments is that the "central bank" stopped recently securing foreign exchange allocated to the pharmaceutical industry at the official rate. And the price of the dollar actual arrived during the past two months to 135-140 pounds while the price according to the official publication about 97 pounds
And the "Scientific Council for Medicine," that in order to ensure that this industry continues to be making the right decision on pricing and fairness, the proposal to amend the pricing of medicines based on the actual price of the dollar.
He justified so that the stock of raw materials, which were laboratories rely on it has now run out, and any continuation of production requires a renewal of the stock at the current price of the cut, with reference to the continuing difficulties import impact in the industry, such as the difficulty of the conversion, transport and higher freight and insurance.
He noted the Scientific Council also supported the government for the pharmaceutical industry National through two axes: first, to secure some of the pieces by "central bank" at the official rate, and adjust prices according to specific segments, recalling that the price was upon issuance of the amendment eighty pounds, and the intervention price 87-88's. Q.
However, the Council, that the continuation of the pharmaceutical industry production, with proposals mentioned will remain a guarantee of citizens' health and treatment, alternative so it will not be in his interest, such as stop factories for the production and loss of drugs from the market and the trend towards smuggling and import puts a citizen faced with two choices are not in his favor, namely: "Do not ensure the quality of the drug and its high price several times, not to mention the availability of appropriate medication in a timely manner. "
Council concluded his memo, certainly the prime minister, the need to consider and approve the proposals discussed with the "Scientific Council" as soon as possible, after you select a date for the Prime Minister this matter.
Do you have questions about the subject or person or institution or need expert advice? Ask your question in the "economic answers" to tell you the owners of the experience or opinion of the readers ...
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