THE Consumer Health Forum’s
(CHF) submission to the
Competition Policy Review has
been amended around “technical”
issues of ownership and control
of pharmacies by wholesalers and
the impact this could be having on
consumer pricing.
The consumer advocate
organisation had written “the
ownership of large pharmacy
brands by Australia’s major
pharmaceutical distributors could
be contributing to the high price
of Australian medicines compared
with overseas markets.”
The CHF maintains that the
technicalities of actual ownership
versus control don’t alter the
central concern about the way
the current market structure
may be contributing to higher
pharmaceutical prices in Australia.
Ceo Adam Stankevicius also
referred to research from the
University of Melbourne and the
Grattan Institute which supported
the argument.
CLICK HERE for more.The above article was sent to subscribers in Pharmacy Daily's issue from 23 Jul 14 To see the full newsletter, see the embedded issue below or CLICK HERE to download Pharmacy Daily from 23 Jul 14
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