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Vietnam Drug Administration Urges End To Hospital Drug Shortage

This article was originally published in PharmAsia News

Executive Summary

Vietnam's Drug Administration is urging the nation's hospitals to overcome a shortage in drug supplies by changing the way they purchase them. The head of the agency advised the institutions to buy cheaper versions of drugs and invite drug suppliers to bid directly with the hospitals. Some drug distributors who saw the price of raw materials rise after they had signed contracts with the hospitals have refused to supply the drugs at the original price. Others are supplying only small quantities of orders until they can charge more. Many drug companies signed contracts earlier this year, guaranteeing the same prices for six to 12 months. (Click here for more

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