Egypt's currency gives death blow for life-saving medicines

The sinking value of the Egyptian pound has made scores of medicinal products unprofitable to produce or to import making some patients uncertain about the future.

Photo by: Reuters
Photo by: Reuters

A pharmacist searches for medicine at a pharmacy in Cairo, Egypt, November 17,2016.

The falling value of currency in Egypt is making it difficult for pharmaceutical companies in the country to continue manufacturing. 

They import raw materials for nearly 60 percent of their production.

The Health Ministry set up a Drug Shortages Directorate in 2012 to help suggest suitable substitutes for missing medicines.

But it still appears to be an ongoing issue.

TRT World's James Champion reports.

Source: 
TRTWorld