The annual Global Impact Conference 2022 brings together visionary business leaders to revolutionize educational systems and inspire collaborative actionRead more APO Group announces content partnership with Pan-African broadcaster VoxAfricaRead more MainOne, an Equinix Company’s MDXi Appolonia Achieves Tier III Constructed Facility certification (TCCF), Now Most Certified Data Center in GhanaRead more United Nations High Commissioner for Refugees (UNHCR) warns rising tide of hunger, insecurity, and underfunding worsening gender-based violence risksRead more The Royal Thai Embassy presents the cultures of Thailand at the Association of Southeast Asian Nations (ASEAN) Festival in KenyaRead more Climate change is the biggest global threat, young people in Africa and Europe tell European Investment Bank (EIB), Debating Africa and Debating EuropeRead more $2 million in prizes awarded at Conference of the Parties (COP27) to African youth-led businessesRead more Africa and Europe’s top business and public sector leaders gather to chart Africa’s economic rebirthRead more Senegal to Host 8th All Africa Music Awards (AFRIMA), Tagged The Teranga EditionRead more The Thai delegation’s active participation at the 145th Assembly of the Inter-Parliamentary Union (IPU) in KigaliRead more

Greek pharmacies lack essential medicine: Athens Pharmaceutical Association

show caption
Print Friendly and PDF

Oct 27, 2022 - 01:08 AM

​​​​​​​ATHENS (AA) – Greek pharmacies are facing a severe shortage of several essential medicines, the Athens pharmaceutical association said Wednesday.

Antibiotics, antidiabetics, antiepileptics and antidepressants are some of the more than 400 drugs that are hard to find on the shelves of pharmacies, according to the group.

President of the Panhellenic Pharmaceutical Association, Apostolos Valtas, told the Kathimerini newspaper that the main reason for the shortage is increasing parallel exports. Greece has the lowest prices for medicine in the EU. Selling to other countries means a huge profit for drug distributors.

“The profit of pharmacies for the preparations they distribute is set at 4.67% in Greece, which can be multiplied when distributors sell the preparations abroad. Based on the price at which the preparations are sold abroad, the profit for a very common collyrium eye wash reaches 189%, for a preparation for asthma it climbs to 106.7%, and 80% for a preparation for migraine and a staggering 277% for a muscle relaxant,” said Valtas.

“The shortage is huge,” assistant pharmacist Anna Kostantinidi told Anadolu Agency.

“We are desperate as we don’t know how to cover the needs of our clients, especially of the elderly and the ones that have a serious condition” she added.

Kostantinidi said her pharmacy struggles daily to supply customers with essential medicine, including antibiotics and insulin. She said managers do not know what to do to fix the supply issue.

“Everyone blames the other for this shortage … the pharmaceuticals blame the distributors and vice versa.”

Pharmaceutical companies claim they have sent medicine to the distributors and the distributors claim their quantity received is not enough to fill the orders and not all pharmacies can be supplied, said Kostantinidi.

But pharmaceutical companies have reduced the quantities they sell to Greece because the medicine they distribute to Greece ends up in other European countries, according to the newspaper.

LMBCNEWS.COM uses both Facebook and Disqus comment systems to make it easier for you to contribute. We encourage all readers to share their views on our articles and blog posts. All comments should be relevant to the topic. By posting, you agree to our Privacy Policy. We are committed to maintaining a lively but civil forum for discussion, so we ask you to avoid personal attacks, name-calling, foul language or other inappropriate behavior. Please keep your comments relevant and respectful. By leaving the ‘Post to Facebook’ box selected – when using Facebook comment system – your comment will be published to your Facebook profile in addition to the space below. If you encounter a comment that is abusive, click the “X” in the upper right corner of the Facebook comment box to report spam or abuse. You can also email us.