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UAE to reduce medicine prices
- United Arab Emirates: Monday, February 04 - 2013 at 05:22
The UAE cabinet has approved a new system which will ensure lowering the prices of 6,619 types of medicines in the country, Wam has reported. The system alters the profit margin between pharmacies and agents by unifying and discounting the prices of medication that are bought in US dollars and imported by the private sector. The discounts will vary from 1% to as much as 40%, the report said.
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