SCPEC Initiates Administrative Proceedings Against 19 Medicine Compa

SCPEC INITIATES ADMINISTRATIVE PROCEEDINGS AGAINST 19 MEDICINE COMPANIES

/PanARMENIAN.Net/
17.11.2009 12:26 GMT+04:00

/PanARMENIAN.Net/ The State Committee for Protection of Economic
Competition of the Republic of Armenia will initiate administrative
proceedings against 19 medicine companies over ungrounded rise in
prices for cardiovascular, antiviral and antidiabetic medicine.

"Monitoring of the medicine market will be consistent," SCPEC chairman
Davit Harutyunyan said, adding that similar problem exists in Russia
as well.

"After a thorough research, the committee will submit relevant
recommendations to the government," he said.