Last year’s meds price hikes failed to resolve the shortages it meant to target

The Health Ministry’s decision to raise the prices of some medications last year failed to prevent future shortages of key meds, Mohamed Mostafa writes for Al Borsa. The ministry had promised that it would allow another wave of price increases later in the year to encourage manufacturers to stick it out and continue producing. Since the second phase never came, pharma companies are incurring losses, while citizens have consistently been told that certain medications are in short supply or completely missing from the market.