Several Moroccan Pharmacies Threatened of Bankruptcy, Professional
Morocco, Business, 5/15/2001

A large number of Moroccan pharmacies risk to go bankrupt because of the decrease in their annual sales, warned Abdelkerim Alaoui, head of the Moroccan regional council of chemists of the south.

The professional imputed to the situation to weakness of the citizens' purchasing power, the lack of medical coverage and the increase of taxes.

Alaoui called on the authorities to act for protecting the sector and allow it play its social and economic role.

Morocco is currently able to ensure its medicines self-sufficiency at 80 percent and exports part of its output to certain developed countries, like Japan and Switzerland.

The professional, who deplored that the sector is still governed by laws dating back to 40 years, said the pharmacies field should be restructured to keep pace with the increasing developments world-wide.

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