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Egypt dances in its own wedding over drugs
FARAJA MGWABATI
Daily News; Sunday,November 30, 2008 @21:15
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    • The Egyptian Embassy in Dar es Salaam has called on business persons in Tanzania to buy medicines from Egypt because they combine two qualities - cheap and good. The country’s diplomatic envoy, Ahmed Fattah, told the 'Daily News' over the weekend that Tanzanian pharmacies were full of unnecessarily expensive medicines which could be obtained at comparatively cheaper prices in Egypt.

    “I really don’t know where Tanzanians get money to pay for such expensive pharmaceuticals … they are just too expensive,” Mr Fattah said during an exclusive interview. He cited the case of the antibiotic Augmentin which is currently selling at between 70,000/- and 100,000/- in Tanzania when it goes for a mere 10,000/- in Egypt.

    The diplomatic attache’ said the Embassy would encourage Egyptian pharmaceutical firms to sell its medicines to Tanzania in efforts to help lower prices, but called on business people to also explore possibilities of outsourcing the drugs from his country. Egypt is home to some 291 pharmaceutical firms, out of which 212 are owned by local investors, and 61 of them jointly owned by local and foreign investors.

    Only 12 are 100 per cent owned by foreigners. “It amazes me because Tanzania buys only 0.4 per cent of its pharmaceutical requirements from Egypt … but you see all these ‘very expensive’ medicines … some of which are of poor quality,” he said. Mr Fattah said that the prices of pharmaceutical products were that low because Egypt has a lot of pharmaceutical firms – the main reason being more competitive and affordable to medicines for most Egyptians. He added that under his country’s ministry of health and population, the firms are audited after every six months to ensure drug quality control.
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