An organisation known as Galen Centre for Health and Social Policy has urged the new federal government to reconsider Pharmaniaga’s role as the middleman in the public healthcare system, reported FMT.
In essence, Pharmaniaga is a government-linked company (GLC) which has been monopolising the supply of biopharmaceutical products to our government hospitals and clinics for the past nine years.
Now that the 10-year concession agreement with the Ministry of Health will end next year (2019), the organisation has reckoned that the government should deal directly with the supplier without having to go through the middleman.
In an interview with FMT, Galen CEO Azrul Mohd Khalib said,
“Pharmaniaga is the sole concession holder to purchase, store, supply and distribute both branded and generic approved drugs and medical products to 148 government hospitals and 2,871 clinics and district health offices nationwide.
“With 100% market share of the government concession, more than RM1 billion goes to Pharmaniaga annually.”
He added that Pharmaniaga would source for required medicines and sell them to MOH at a marked-up price to cover the costs of distribution, inventory holding and procurement. “It is time that the ministry deals directly with pharmaceutical companies rather than depend on a middleman,” the CEO said, adding that it is unusual for a country to rely on a single company for medical supplies.
With the monopoly gone, competition in the drug procurement process will inevitably bring down prices of medicines and save the government millions of ringgit, which in turn would benefit the rakyat.
Having said that, we should also recognise the contribution of Pharmaniaga as they not only supply medicine, but also provide pharmacy information system for MOH and ensure pharmaceuticals are available across the country, Malaysian Pharmaceutical Society’s president said.
What’s your thoughts on this guys? Should the monopoly be terminated? Tell us what you think in the comments!
JUST IN: Swimming Pools Are Now Allowed To Be Open For Water Sports Training
Minister of Defence, Dato’ Sri Ismail Sabri bin Yaakob has just announced in a live broadcast that swimming pools will...
JUST IN: Resorts World Genting Confirms That They Will Be Reopening Starting 19th June!
Guys, this is not a drill. Genting Highlands will officially be reopening by this weekend to the public after an extended closure due...
JUST IN: Setapak Barber Confirmed Positive For Covid-19, 40 Close Contact Cases Identified
In an update from the case of a barber in Setapak allegedly testing positive for Covid-19, our Health Director-General Dr...
JUST IN: Barber in Setapak Suspected To Be Positive For Covid-19 Only After 2 Days of Opening Barbershop
UPDATE: Health Director-General Dr Noor Hisham Abdullah has come forward to mention that the barber’s diagnosis has not been officially...
BREAKING: SPM & STPM Students Will Return To School By 24th June
In his latest live telecast to the Malaysian public, Education Minister Dr. Mohd Radzi bin Md Jidin has announced that...
Tired Of Comparing Prices On Different Websites? This ONE App Helps You Do That, Gives You Cashback & MORE
Nowadays, more and more Malaysians would prefer to do their shopping online rather than in physical stores. This is because...
Stronger, Faster & Smarter: Here’s Why M’sians Can’t Wait to Get the HUAWEI P40 Pro+ Dropping This Friday!
In case you didn’t know, we’re just a couple of days away from the launch of the HUAWEI P40 Pro+...
The New Normal Reveals 6 Things M’sians Do That Unknowingly Help Spread Germs & Bacteria Faster
Life has been a lot more different since the Movement Control Order (MCO) was implemented on 18 March 2020, almost...
- News21 hours ago
Photo of Human-Sized Bats Go Viral and Yes, They Actually Exist
- News17 hours ago
Beware: Some Sellers Are Pricing Durians Based On the Car You Drive
- Current Affairs20 hours ago
RMCO: 96 Individuals Arrested At Pubs And Nightclubs For Violating SOP
- News17 hours ago
Trump’s Independence Day Party Was… Very Quiet