AIRLINK 218.00 Increased By ▲ 0.02 (0.01%)
BOP 10.94 Increased By ▲ 0.01 (0.09%)
CNERGY 7.33 Decreased By ▼ -0.22 (-2.91%)
FCCL 34.90 Increased By ▲ 0.07 (0.2%)
FFL 19.40 Increased By ▲ 0.08 (0.41%)
FLYNG 25.25 Increased By ▲ 0.10 (0.4%)
HUBC 131.99 Increased By ▲ 0.90 (0.69%)
HUMNL 14.75 Increased By ▲ 0.19 (1.3%)
KEL 5.10 Decreased By ▼ -0.08 (-1.54%)
KOSM 7.46 Increased By ▲ 0.10 (1.36%)
MLCF 45.69 Increased By ▲ 0.06 (0.13%)
OGDC 221.90 Decreased By ▼ -0.18 (-0.08%)
PACE 8.33 Increased By ▲ 0.17 (2.08%)
PAEL 44.45 Increased By ▲ 0.26 (0.59%)
PIAHCLA 17.75 Increased By ▲ 0.06 (0.34%)
PIBTL 9.02 Increased By ▲ 0.05 (0.56%)
POWERPS 12.51 Decreased By ▼ -0.50 (-3.84%)
PPL 194.10 Increased By ▲ 1.09 (0.56%)
PRL 41.50 Decreased By ▼ -1.67 (-3.87%)
PTC 26.80 Increased By ▲ 0.17 (0.64%)
SEARL 107.85 Increased By ▲ 0.77 (0.72%)
SILK 1.05 Increased By ▲ 0.01 (0.96%)
SSGC 45.05 Increased By ▲ 0.05 (0.11%)
SYM 21.50 Increased By ▲ 0.31 (1.46%)
TELE 10.31 Increased By ▲ 0.16 (1.58%)
TPLP 14.60 Increased By ▲ 0.09 (0.62%)
TRG 67.66 Increased By ▲ 0.38 (0.56%)
WAVESAPP 11.35 Increased By ▲ 0.06 (0.53%)
WTL 1.73 Increased By ▲ 0.03 (1.76%)
YOUW 4.26 Increased By ▲ 0.01 (0.24%)
BR100 12,231 Decreased By -166 (-1.34%)
BR30 36,673 Decreased By -674.2 (-1.81%)
KSE100 116,763 Decreased By -824.2 (-0.7%)
KSE30 36,767 Decreased By -297.7 (-0.8%)
Print Print 2007-01-24

Partly Facetious: let's have fair price medical in poor areas

"Some life-saving drugs are not available in our markets."
Published January 24, 2007

"Some life-saving drugs are not available in our markets."
"Why?"
"Because of the avarice of multinational pharmaceutical..."
"Please - give me the real reason."
"I don't know the real reason. All I know is that many life-saving drugs are simply not available in this country."
"Could it be that the government imposed a maximum price on their sale and drug companies would rather not sell than sell them at the controlled rates?"
"To be fair there are several drug companies that do expect to get windfall profits."
"Windfall profits?"
"Well, I define these as having little relation to cost and more to the fact that the patient has no option but to purchase these drugs, so monopoly prices can be set and..."
"And along comes the government in its infinite naivety..."
"Or infinite desire to get reelected by the end of the year."
"That too, anyway along comes the government and sets a low price..."
"No subsidisation as in the case of sugar prices during periods of domestic shortages..."
"I have an idea. Why doesn't the government begin to subsidise medicines by selling them at Utility Stores as well?"
"That is an idea but then the government insists that it does not support subsidisation..."
"A necessary prerequisite for accessing funding from multinationals..."
"A vicious cycle that isn't it, but I know a way out."
"What?"
"Establish Fair Price Medical Stores only in poor areas and sell cheap medicines..."
"How is this different from my suggestion of selling medicines in Utility Stores?"
"It's all in the packaging, my friend. What was different between all these economic plans - from Junejo to BB to Nawaz Sharif, and back and forth between these two for a bit, and then onto Musharraf?"
"You reckon the difference has been all in the name don't you?"
"Precisely."
"Man! You are a cynic."
"In our politics that is all we can afford."

Copyright Business Recorder, 2007

Comments

Comments are closed.