Doctors fight generic prescriptions



ABU DHABI // Some doctors are angry with new government prescription rules that allow pharmacists to choose the drugs that patients receive according to their generic formulas. The doctors argue that generic drugs do not always have the same formulas as brand-name drugs, and that pharmaceutical standards vary from country to country. But there is also a financial factor at play; many doctors routinely receive perks - such as free trips to conferences for continual medical education (CMEs) - from pharmaceutical companies that want to promote their products. "We are well aware that such things happen, but this is a common practice in this part of the world," said Ruch de Silva, a consulting analyst for health care at Datamonitor MENA, a leading provider of online data. "It can be seen as a kickback but it's not blatant corruption. It's just something that is required. If you didn't have physicians attending things like CMEs they would be out of date concerning the latest treatments." The complaining doctors say such perks will simply shift to the pharmacists. The new prescription rules issued by the Health Authority-Abu Dhabi, which took effect on Feb 1, require doctors to write the generic names of the medicines they prescribe, leaving the choice of brand to pharmacists. The authority was unwilling to answer questions about why the changes were made. "In the private sector, doctors are not happy," said Dr Kais Abu Taha, who runs a medical clinic in Abu Dhabi. "We prefer to write the brand names for patients because our experience tells us that this medicine is better than that. I know that some of the generic names are not effective."

Some doctors also expressed concern about pharmaceutical regulations in some non-western countries, saying they were not strict enough. They said that was why they often preferred name brands over the lower-price generics. But not all doctors are persuaded. "There is no difference in the medication," said Dr Lamya el Barasi, the director of pharmacy at Al Noor Hospital. "It is the same molecule." Brand-name medicines and their generics have the same active ingredients. For example, the non-prescription painkiller Panadol and Tylenol, its North American equivalent, both contain paracetamol, which also is known as acetaminophen. amcmeans@thenational.ae

COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
Cricket World Cup League 2

UAE squad

Rahul Chopra (captain), Aayan Afzal Khan, Ali Naseer, Aryansh Sharma, Basil Hameed, Dhruv Parashar, Junaid Siddique, Muhammad Farooq, Muhammad Jawadullah, Muhammad Waseem, Omid Rahman, Rahul Bhatia, Tanish Suri, Vishnu Sukumaran, Vriitya Aravind

Fixtures

Friday, November 1 – Oman v UAE
Sunday, November 3 – UAE v Netherlands
Thursday, November 7 – UAE v Oman
Saturday, November 9 – Netherlands v UAE

Mia Man’s tips for fermentation

- Start with a simple recipe such as yogurt or sauerkraut

- Keep your hands and kitchen tools clean. Sanitize knives, cutting boards, tongs and storage jars with boiling water before you start.

- Mold is bad: the colour pink is a sign of mold. If yogurt turns pink as it ferments, you need to discard it and start again. For kraut, if you remove the top leaves and see any sign of mold, you should discard the batch.

- Always use clean, closed, airtight lids and containers such as mason jars when fermenting yogurt and kraut. Keep the lid closed to prevent insects and contaminants from getting in.

 

COMPANY PROFILE
Name: HyperSpace
 
Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
Based: Dubai, UAE
 
Sector: Entertainment 
 
Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
UAE currency: the story behind the money in your pockets
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Profile

Co-founders of the company: Vilhelm Hedberg and Ravi Bhusari

Launch year: In 2016 ekar launched and signed an agreement with Etihad Airways in Abu Dhabi. In January 2017 ekar launched in Dubai in a partnership with the RTA.

Number of employees: Over 50

Financing stage: Series B currently being finalised

Investors: Series A - Audacia Capital 

Sector of operation: Transport

The specs

Engine: 1.5-litre turbo

Power: 181hp

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The biog

Name: Dr Lalia Al Helaly 

Education: PhD in Sociology from Cairo

Favourite authors: Elif Shafaq and Nizar Qabbani.

Favourite music: classical Arabic music such as Um Khalthoum and Abdul Wahab,

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Tips for newlyweds to better manage finances

All couples are unique and have to create a financial blueprint that is most suitable for their relationship, says Vijay Valecha, chief investment officer at Century Financial. He offers his top five tips for couples to better manage their finances.

Discuss your assets and debts: When married, it’s important to understand each other’s personal financial situation. It’s necessary to know upfront what each party brings to the table, as debts and assets affect spending habits and joint loan qualifications. Discussing all aspects of their finances as a couple prevents anyone from being blindsided later.

Decide on the financial/saving goals: Spouses should independently list their top goals and share their lists with one another to shape a joint plan. Writing down clear goals will help them determine how much to save each month, how much to put aside for short-term goals, and how they will reach their long-term financial goals.

Set a budget: A budget can keep the couple be mindful of their income and expenses. With a monthly budget, couples will know exactly how much they can spend in a category each month, how much they have to work with and what spending areas need to be evaluated.

Decide who manages what: When it comes to handling finances, it’s a good idea to decide who manages what. For example, one person might take on the day-to-day bills, while the other tackles long-term investments and retirement plans.

Money date nights: Talking about money should be a healthy, ongoing conversation and couples should not wait for something to go wrong. They should set time aside every month to talk about future financial decisions and see the progress they’ve made together towards accomplishing their goals.

COMPANY PROFILE

Name: Qyubic
Started: October 2023
Founder: Namrata Raina
Based: Dubai
Sector: E-commerce
Current number of staff: 10
Investment stage: Pre-seed
Initial investment: Undisclosed