United Arab Emirates introduces new regulations to eliminate medicine monopolies by allowing multiple agents for each drug.

Date:

This move marks a first in the healthcare sector, aimed at strengthening drug security and ensuring a more stable supply of medicines.

Emirates Drug Establishment has announced new measures to end the monopoly of medical products in the UAE.

Under the new mechanism, pharmaceutical companies will be required to appoint more than one agent for each medical product.

This initiative is the first of its kind in the healthcare sector, aimed at enhancing drug security.

The new mechanism is designed to eliminate monopolistic practices and ensure the continuous availability of medical products.

It also helps minimize the risk of supply disruptions during emergencies and crises.

Additionally, it promotes pharmaceutical investment and strengthens the UAE’s global competitiveness.

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

“We wanted to honour our protectors”: Dubai students pay tribute to UAE Armed Forces through song

From six-year-olds to teens, Dubai students embrace Arabic to...

MoHRE: Six cases where an employee is not eligible for compensation for a work-related injury

Compensation limits set under strengthened workplace safety regulations. Abu Dhabi:...

NRIs are expanding their investment horizons beyond real estate, with alternative investment options gaining traction.

NRIs expand investment horizons beyond property. Dubai: Global equities, private...

Indian expats in the UAE: Don’t file your next ITR before updating your PAN status to NRI.

An inoperative PAN may result in delayed tax refunds...