New law sparks fears over drug price hikes | Bangkok Post: learning - News Summed Up

New law sparks fears over drug price hikes | Bangkok Post: learning


Threat to GPO which supplies low cost drugs to Thailand's universal healthcare program. HEALTHCARE & PHARMACEUTICALSNew law threat to GPO & low drug prices19/05/2017Penchan CharoensuthipanPharmacists and health advocates have voiced opposition to a law that will cancel a regulation requiring state agencies to buy medical supplies from the Government Pharmaceutical Organisation (GPO). GPO ESSENTIAL FOR LOW-PRICED PRICE DRUGSThe Government Pharmaceutical Organisation (GPO) produces and sells medicine at affordable rates and helps stabilise drug prices in the market. Many doctors and pharmacists and they believe the new law would drive the GPO out of business and threaten the country's medical security. GLOBAL BIG PHARMAThe GPO produces inexpensive versions of expensive drugs produced by big global pharmaceutical companies (big pharma).


Source: Bangkok Post May 19, 2017 06:45 UTC



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