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  • 6 months ago
The President of the Private Pharmacy Retail Business Association, Glenwayne Suchit says there are unfair trade policies in the health sector, causing problems for some Pharmacy operators.

According to him some people are benefiting while other suffer losses.

Nicole M Romany has more.
Transcript
00:00Let us say a woman wanted a vitamin registered by a particular company in 30s and 60s.
00:08And this same product manufactured by the same company in America in a pack size of 300 to make it more affordable for the public
00:17is considered to be unregistered because it is a 300 count and not a 30 count.
00:22Now, this, in our opinion, is clear on fair trade practices to facilitate some companies.
00:30He says under the previous government, there was no equality.
00:35Suchit says while the products were safe, they were classified as unregistered and that posed a problem
00:41and efforts to change that was stymied by the former health minister.
00:46Additionally, Mr Suchit, who is also a pharmacist, tells us of doctors who are exploiting their positions.
00:52We have a lot of doctors now who are running pharmacies in their practices.
00:57This is illegal. Doctors are supposed to diagnose, recommend, write a script and send them off.
01:03He further tells us that some companies are driving their prices too high for medications and supplies.
01:11He says there must be mechanisms in place to regulate these exorbitant prices.
01:17When things are slow and they can't sell their product, they come to the pharmacies and offer in 20, 30, 40 percent discount.
01:22When you do bulk buying, right, so that is a clear indication that the percentages that they use
01:28are very high in some instances and can fluctuate between 30 to 80, 100, 200 percent.
01:36It's like car parts.
01:37Yeah.
01:38Right, so there's no control and these are one of the issues that we would like to bring to the minister's attention.
01:44Nicole M. Romany, TV6 News.
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