Tag Archives: pharmaceutical supplies

More shocking drug purchases revealed…exorbitant prices to government

More shocking drug purchases revealed… New GPC sells $2,000 ‘pressure tablets’ for $18,000


…under-fire, calls for value for money audit

Government’s largest supplier of pharmaceutical supplies has backed down and is now calling on the Auditor General to carry out a value for money audit.
Over the past days, the New Guyana Pharmaceutical Corporation (New GPC), has come under fire for selling several products at exorbitant prices to government.

When Kaieteur News published the report on the sale of Ketoconazole cream bought by the institution for $1,909 per tube, it reported that the same tube was being retailed in the stores for $80. The Ministry of Health and the Georgetown Public Hospital Corporation (GPHC) both came out in defence of the purchases saying that the price they paid was ‘OK’.  [more]

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