Thursday 24 April 2014
 
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Medicines

Saudi pharmaceutical market seen at $3.6bn

The pharmaceutical market in Saudi Arabia including government procurements is estimated at SR13.5 billion ($3.6 billion) with the private sector claiming a share of SR7 billion, a report said. The per capita consumption of medici

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Exercise ‘as good as medicines’ in treating heart disease

Exercise may be just as good as medication to treat heart disease and should be included as a comparison when new drugs are being developed and tested, scientists said on Wednesday. In a large review published in the British Medic

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UAE cuts prices by 40pc for 6,600 medicines

UAE is cutting the prices of 6,610 medicines by up to 40 per cent from tomorrow (June 6) under a new unified pricing scheme, a report said. Medications are for chronic high blood pressure, heart disease and diabetes form the major

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Bahrain steps up clamp on medicine imports

Only licensed agents will be allowed to import drugs into Bahrain as part of a crackdown on fake and illegal medications, a report said. They will also only be able to import drugs approved for import by Bahrain's health autho

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Bahrain to slash medicine prices by 20pc

Bahrain has decided to slash profit margins on the price of medicines by 10 to 20 per cent, aiming to ensure good returns for pharmacies and alleviate the burden on citizens, said a senior government official. The Health Ministry and a

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UAE cuts price of 6,619 medicine brands

  The United Arab Emirates on Sunday adopted regulations that will help cut prices of more than 6,600 types of imported medicines by up to 40 percent, state news agency Wam reported.

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Drug industry bets on new blockbusters in 2013

Drugmakers are betting that a new wave of medicines for cancer, diabetes, heart disease, multiple sclerosis and hepatitis will shape up as tomorrow's blockbusters in the coming 12 months. With the industry regaining some of it

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New push for Gulf health co-operation

Bolstering health co-operation among Gulf countries will be discussed at a major event in Bahrain next month. The 74th GCC Health Ministers' Conference will be held from January 8 to 10 at the Sofitel Bahrain Zallaq Thalassa S

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Merck Serono, Neopharma in medicines deal

  Germany's Merck Serono said it would team up with an Abu Dhabi firm to produce medicines for the domestic and regional markets, the first multinational of its kind to make branded products in the UAE.  

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Nobel winner warns on rogue stemcell therapies

  Nobel laureate Shinya Yamanaka warned patients about unproven "stem cell therapies" offered at clinics and hospitals in a growing number of countries, saying they were highly risky.   Th

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