Medicine Price Hikes To Alleviate Drugmakers’ Costs, But Strained Household Budgets Will Impact Drug Sales
Pharmaceuticals / Egypt / Wed 10 Apr, 2024
Key View
- The Egyptian Drug Authority (EDA) will increase medicine prices, as a response to ongoing macroeconomic headwinds weighing on domestic drugmakers.
- High Out-Of-Pocket payments and reduced household spending power will erode Egypt’s pharmaceutical market value in real terms.
- In 2024, the generic drug market share will reduce