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Cheaper medicine?: New generic drug rules in Abu Dhabi will boost market, but wider integration requires public awareness - analyst

Cheaper medicine?: New generic drug rules in Abu Dhabi will boost market, but wider integration requires public awareness - analyst

A recent decision in Abu Dhabi aimed at increasing demand for generic medicine - drugs that use formulas similar to branded drugs, but sold at cheaper prices - needs time to gain public acceptance to achieve the positive impact it is expected to have on users and insurance companies, an analyst has said.

The Abu Dhabi-based Department of Health announced on July 31 that “a new mechanism to mandate dispensing of generic medicines… for patients as prescribed by their doctors and are covered by Health Insurance” would be introduced in a post on its website.

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Carsten Menke

Currency contagion impacts platinum and palladium

South Africa accounts for more than 70% of platinum mine supply and around 40% of palladium mine supply

Carsten Menke

Gold: Unimpressed by the Turkish turmoil

Prices hover around $1,210 per ounce, signalling that this is a home-made and country-specific problem

Hussein Sayed

Turkish crisis spreading into other markets

Investors need to see serious economic measures and not political ones to prevent things getting completely out of control

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The premier corporate intelligence monitor in MENA, providing you with access to the most comprehensive database of companies and officers in the region, with coverage of all major sectors and industries.

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