Pharmacies Experience Medicine Shortages Due to Sales Halt by Certain Pharmaceutical Companies

Pharmacies Experience Medicine Shortages Due to Sales Halt by Certain Pharmaceutical Companies

Pharmacy owners mentioned that there's a lack of medicines in Mon State's pharmacies. This happened because some pharmaceutical companies stopped selling due to higher prices of imported medications.

According to a medicine distributor in Mawlamyine township, the majority of pharmaceutical companies have stopped their sales. Only a limited number of companies are now selling medicines through a quota system, and this has led to difficulties in obtaining the necessary medication.

"Following the increase in the dollar price, certain companies have suspended their sales. Meanwhile, those companies that have resumed sales have elevated their prices and are implementing a quota system. This quota entails examining your past medication purchase history and selling only half of that recorded amount. It's no longer possible to purchase freely. Opting to purchase from sources other than the company results in higher costs."

As a result of the impact of the Military Council's 20,000 kyat banknote, the value of the Myanmar kyat has continued to decrease, and the cost of imported medicines has risen.

According to medicine distributors, the prices of medicines in the market have gone up by approximately 30 percent.

"Pharmaceutical companies are increasing their prices significantly. What used to cost 500 kyats for a strip of medicine now amounts to 1,500 kyats. Moreover, certain medicines are prohibited from being imported into Myanmar, causing their prices to surge even further," shared a pharmacy owner.

In addition to the surge in medicine prices, there's also a lack of medications in pharmacies. This is causing problems for people who depend on these medicines, as they're struggling to buy what they need.

Pharmacies in Mon State provide medications that come from pharmaceutical companies and are also imported from neighboring Thailand.

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