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Showing posts with the label pricing #ERP

Thank God for the Completion and Good Ending

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  In the journey of life, each chapter presents its unique challenges, obstacles, and rewards. There are moments when we find ourselves overwhelmed, questioning whether we will ever reach the finish line. However, just like the narrative arcs of our favorite stories, there’s something deeply satisfying about a well-executed conclusion—one that feels both rewarding and fulfilling. Whether it's a personal goal, a professional project, or even a cherished movie or book, the feeling of completion is something we all strive for. It brings a sense of peace, knowing that despite the ups and downs, there was a purpose behind every step we took. And when the ending is good, it makes all the struggles worthwhile. The Importance of Completion In a world that moves at such a rapid pace, we often rush through tasks and events, focusing on the next big thing before we’ve even processed the current one. Yet, completing something gives us the chance to reflect. We can look back and appreciate the ...

India and UAE in Talks to Address Pricing Norms for Medical Supplies

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  India and the UAE are currently in high-level talks to address pricing norms in the Gulf nation that have acted as a barrier to Indian generic drugs and vaccine exports. The UAE, along with other high and middle-income countries in Europe and the Gulf region, use an External Reference Pricing (ERP) policy, where policy makers specify a basket of countries whose prices are used to inform the price of medical supplies in the country. While this policy is aimed at ensuring fair pricing for medical supplies, it has also had the unintended consequence of limiting access to affordable healthcare for those in need. India, as a major exporter of generic drugs and vaccines, has been impacted by the UAE 's pricing norms. As a result, discussions between the two nations are timely and significant. Access to affordable healthcare is a basic human right, and it's crucial that policies and pricing norms do not act as barriers to that right. Collaboration between nations is essential to ens...