2014-04-02 12:25:04 - Iraq Pharmaceuticals and Healthcare Report Q1 2014 - a new market research report on companiesandmarkets.com
Iraq´s healthcare and pharmaceuticals market is ripe for investment. Healthcare infrastructure is ageing, or absent, beyond the capital; there is a shortage of trained healthcare personnel; a drug supply chain that is hampered by imports and counterfeit drugs; and a burden of communicable diseases in much of the country. But the security and political risks of operating in this country hang heavily over the market, deterring investors.
While Iraq´s oil is an attractive reason to work with the country, the risks currently outweigh the rewards.
There are benefits to be had thanks to oil, though. As the government´s chief source of revenue, much of this money could be used to improve healthcare provision, expand universal healthcare coverage, and strengthen basic vaccination and
other healthcare programmes. But until this foundation is in place, multinationals may prefer to invest elsewhere.
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