Govt pays six times retail cost for pharmaceuticals …

Govt pay New GPC six times retail cost for pharmaceuticals …

JUNE 12, 2012 | KNEWS    Probe needed into all drug supply contracts  –

APNU’s Dr George Norton The government needs to come clean; it needs to explain how it decides on drug supply contracts that have largely favoured the New Guyana Pharmaceutical Corporation (New GPC), says Dr George Norton. “The situation needs to be brought out in the open,”  Dr Norton, A Partnership for National Unity (APNU) Member of Parliament told Kaieteur News.

APNU is the country’s main opposition party, and Dr Norton is responsible for health issues from the opposition benches in the National Assembly.
He said that for years now, the opposition has argued that there is not a level playing field in the acquisition of drugs for the country’s hospitals.   [more]

Example of drug costs


Last year, when the government awarded a $311M contract to the New Guyana Pharmaceutical Corporation, importers found that some of the prices put forward by the entity were exorbitant; that the government was paying much more than it should for some of the pharmaceuticals being imported. They noticed for example that the cream, Ketoconazole, [  more]

Bobby Ramroop blows whistle to defend his $1.3B pact


As Health Ministry awards $$M contract to unqualified supplier New Guyana Pharmaceutical Corporation (NGPC) owned by Queen’s Atlantic Investment Inc (QAII) and headed by Dr. Ranjisinghi ‘Bobby “Ramroop has taken umbrage over the recent spate of criticisms on a $1.3B contract it received. Dr. Ramroop is insisting that his company was prequalified by the Ministry [more]

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  • Cyril Balkaran  On 06/15/2012 at 9:06 am

    In matters of the Pharmaceutical purchases by Government, not always the cheaper bid is accepted for tendering. There are questions of the supplier’s capacity to comply with the standard rules of the game. There is also the Quality assurance and needs that are examined by the Tendering Processes being administered. The Expiry dates of these pharmaceuticals and the proven efficacy of the drugs or medicines pharmaceutical and non Pharmaceutical. A very level play field is what is desired but this is not always possible in the Pharmaceutical Industry! What is needed for parties to be more reasonable in the bulk pricing of pharmaceuticals for our major hospitals. The Tendering process of Government must be laid on the Internet and applicants take it from there knowing that they are being screened in the competition and they are exposed to the elements of desire,greed, and more greed.Dr. Norton must come up with an alternative plan to settle the Political scores now engaging the Pharmaceutical Industry in Guyana.Good luck folks and God’s Blessings!

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