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The Outlook for Pharmaceuticals in South East Asia
Date:12/13/2012

ing a potential threat to US pharmaceutical exporters. The EU-Korea FTA also stipulates that South Korean authorities will be required to align their practices with international standards through an improved regulatory environment. In particular, the EU-Korea FTA will aim to ensure the strengthening of transparency in drug pricing decisions.

VIETNAM

The Drug Administration of Vietnam (DAV) has warned that drug prices could rise slightly in 2011 due to volatile raw material prices and the VND-US$ exchange rate. The Vietnam Pharmaceutical Companies Association (VNPCA) has forecasted higher sales prices for both imported and Vietnamese drugs in 2011, due to higher input costs and rising world prices. To review the local pharmaceutical market and prevent large drug price increases, the DAV has announced several measures that include; stepping-up the inspection of drug price quotations by pharmaceutical companies, supervising the enforcement of state regulations on drug price management and exercising sanctions on violators.

To order this report:Drug_and_Medication Industry: The Outlook for Pharmaceuticals in South East Asia

Nicolas Bombourg

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Email: nicolasbombourg@reportlinker.com

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