Pharma companies to lobby for second med price increase for August -sources

A number of pharma companies plan on petitioning the Health Ministry to increase the prices of a group of meds starting August, especially after recent fuel prices hikes, sources at the Federation of Egyptian Industries’ (FEI) pharma divison tell Al Borsa. The ministry had promised in January to consider a second increase to med prices in August, the sources add, although Health Minister Ahmed Rady had said earlier this month that med prices will not be rising again this year.