“Some pharmaceutical companies have set 1000% profits margin”, Akaki Zoidze, head of the parliament’s health committee told Business Course TV program.
If the government imposes certain direct regulations on a certain category of medications, this will not ruin our business sector, Zoidze said.
“If their profits margin shrink to 100%, or even to 20%, I do not think their business will ruin. At the same time, if these companies compensate losses by raising prices of medications that are bio supplements and are not irreplaceable medications for human health, in this case the Authorities will object to similar decision. On the contrary, we will foster their efforts”, Akaki Zoidze said.