{"id":637014,"date":"2017-11-06T03:49:08","date_gmt":"2017-11-06T03:49:08","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/med-prices-are-unlikely-to-increase-again-soon-says-feis-pharma-division\/"},"modified":"2017-11-06T03:49:08","modified_gmt":"2017-11-06T03:49:08","slug":"med-prices-are-unlikely-to-increase-again-soon-says-feis-pharma-division","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/med-prices-are-unlikely-to-increase-again-soon-says-feis-pharma-division\/","title":{"rendered":"Med prices are unlikely to increase again soon, says FEI\u2019s pharma division"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> It is unlikely the Health Ministry will move to raise medication prices anytime soon since the FX rate has largely stabilized, deputy head of the Federation of Egyptian Industries\u2019 pharma division Osama Rostom says, <a href=\"http:\/\/www.almalnews.com\/Story\/351908\/14\/%D8%BA%D8%B1%D9%81%D8%A9-%D8%A7%D9%84%D8%A3%D8%AF%D9%88%D9%8A%D8%A9-%D8%AA%D8%B3%D8%AA%D8%A8%D8%B9%D8%AF-%D8%AA%D8%AD%D8%B1%D9%8A%D9%83-%D8%A7%D9%84%D8%A3%D8%B3%D8%B9%D8%A7%D8%B1\">Al Mal reports<\/a>. Rostom explained that the agreement the ministry had reached with pharma manufacturers <a href=\"https:\/\/enterprise.press\/stories\/2017\/01\/15\/health-ministry-issues-new-price-increases-on-meds\/\">back in January<\/a> stipulated a review of meds prices in August only if FX rates increased or decreased significantly, which is not the case. Pharma companies, <a href=\"https:\/\/enterprise.press\/stories\/2017\/11\/02\/janssen-egypt-calls-on-health-ministry-to-raise-meds-prices\/\">including Janssen Egypt<\/a>, continue to <a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/13\/pharma-companies-to-lobby-for-second-med-price-increase-for-august-sources\/\">push the ministry to raise prices<\/a> following fuel price hikes. A white flag hoisted by a prominent industry representative should see those complaints quiet down.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It is unlikely the Health Ministry will move to raise medication prices anytime soon since the FX rate has largely stabilized, deputy head of the Federation of Egyptian Industries\u2019 pharma division Osama Rostom says, Al Mal reports. Rostom explained that the agreement the ministry had reached with pharma manufacturers back in January stipulated a review [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9314],"tags":[72,2400],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-637014","post","type-post","status-publish","format-standard","hentry","category-health-education","tag-enterpriseam","tag-health-education","wpautop","entry"],"acf":{"mongo_id":"3e9f7443-9042-45dc-b6d2-fdc26e7b4659","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[636980],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Med prices are unlikely to increase again soon, says FEI\u2019s pharma division - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/med-prices-are-unlikely-to-increase-again-soon-says-feis-pharma-division\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Med prices are unlikely to increase again soon, says FEI\u2019s pharma division\" \/>\n<meta property=\"og:description\" content=\"It is unlikely the Health Ministry will move to raise medication prices anytime soon since the FX rate has largely stabilized, deputy head of the Federation of Egyptian Industries\u2019 pharma division Osama Rostom says, Al Mal reports. Rostom explained that the agreement the ministry had reached with pharma manufacturers back in January stipulated a review [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/med-prices-are-unlikely-to-increase-again-soon-says-feis-pharma-division\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-11-06T03:49:08+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/med-prices-are-unlikely-to-increase-again-soon-says-feis-pharma-division\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/med-prices-are-unlikely-to-increase-again-soon-says-feis-pharma-division\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Med prices are unlikely to increase again soon, says FEI\u2019s pharma division\",\"datePublished\":\"2017-11-06T03:49:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/med-prices-are-unlikely-to-increase-again-soon-says-feis-pharma-division\/\"},\"wordCount\":118,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Health + Education\"],\"articleSection\":[\"Health + Education\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/med-prices-are-unlikely-to-increase-again-soon-says-feis-pharma-division\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/med-prices-are-unlikely-to-increase-again-soon-says-feis-pharma-division\/\",\"name\":\"Med prices are unlikely to increase again soon, says FEI\u2019s pharma division - 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His statements came as the ministry completed assessing prices on 1,200\u2026","rel":"","context":"In &quot;Health + Education&quot;","block_context":{"text":"Health + Education","link":"https:\/\/enterpriseam.com\/egypt\/category\/health-education\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594155,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/21\/egypts-small-pharma-factories-could-face-shutdown-after-4x-registration-fee-hike\/","url_meta":{"origin":637014,"position":1},"title":"Egypt\u2019s small pharma factories could face shutdown after 4x registration fee hike","author":"enterpriseam admin","date":"21 October 2019","format":false,"excerpt":"A fourfold increase in medical registration fees is putting 154 small-scale pharma manufacturers at risk of shutting down, Medical Union Pharma board member Osama Rostom said, according to Al Shorouk. The Health Ministry recently hiked the one-off registration fee for pharma products to EGP 1 mn from EGP 250k.","rel":"","context":"In &quot;Health + Education&quot;","block_context":{"text":"Health + Education","link":"https:\/\/enterpriseam.com\/egypt\/category\/health-education\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":626439,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/02\/fei-pharma-division-plans-to-officially-petition-health-ministry-to-raise-med-prices\/","url_meta":{"origin":637014,"position":2},"title":"FEI pharma division plans to officially petition Health Ministry to raise med prices","author":"enterpriseam admin","date":"2 July 2018","format":false,"excerpt":"Members of the Federation of Egyptian Industries\u2019 pharma division agreed last week to present a formal petition to Health Minister Hala Zayed this week to raise med prices, division member Gamal El Leithy said. According to El Leithy, the most recent increase in fuel prices and electricity tariffs, along with\u2026","rel":"","context":"In &quot;Health + Education&quot;","block_context":{"text":"Health + Education","link":"https:\/\/enterpriseam.com\/egypt\/category\/health-education\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":634764,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/23\/feis-pharma-division-asks-health-ministry-to-correct-skewed-pricing-of-meds\/","url_meta":{"origin":637014,"position":3},"title":"FEI\u2019s pharma division asks Health Ministry to \u201ccorrect skewed pricing of meds\u201d","author":"enterpriseam admin","date":"23 January 2018","format":false,"excerpt":"Emboldened by last week\u2019s \u201climited\u201d price hike, the Federation of Egyptian Industries\u2019 (FEI) pharma division has submitted a formal request to the Health Ministry to move meds prices once again, division member Mohy Hafez tells Al Borsa. According to Hafez, the division does not necessarily want to see the ministry\u2026","rel":"","context":"In &quot;Health + Education&quot;","block_context":{"text":"Health + Education","link":"https:\/\/enterpriseam.com\/egypt\/category\/health-education\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":636096,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/20\/pharma-companies-health-ministry-negotiate-alternatives-to-med-price-increases\/","url_meta":{"origin":637014,"position":4},"title":"Pharma companies, Health Ministry negotiate alternatives to med price increases","author":"enterpriseam admin","date":"20 December 2017","format":false,"excerpt":"Pharma companies have begun proposing to the Health Ministry several alternatives to raising med prices that would help manufacturers reduce their losses, chairman of the Federation of Egyptian Industries\u2019 pharma division Ahmed El Ezaby tells Al Mal. The proposals include only raising prices on meds that were not affected by\u2026","rel":"","context":"In &quot;Health + Education&quot;","block_context":{"text":"Health + Education","link":"https:\/\/enterpriseam.com\/egypt\/category\/health-education\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":637956,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/29\/fei-reaches-out-to-parliament-to-raise-med-prices\/","url_meta":{"origin":637014,"position":5},"title":"FEI reaches out to Parliament to raise med prices","author":"enterpriseam admin","date":"29 November 2017","format":false,"excerpt":"After failing to convince the government to look into possibly raising prices again, the Federation of Egyptian Industries (FEI) pharma division is taking its case to the House of Representatives, sources tell Al Borsa. The division plans to send a memo to the House beseeching them on the \u201ctough time\u2026","rel":"","context":"In &quot;Health + Education&quot;","block_context":{"text":"Health + Education","link":"https:\/\/enterpriseam.com\/egypt\/category\/health-education\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/637014","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=637014"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/637014\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/636980"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=637014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=637014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=637014"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=637014"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=637014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}