Categories: Health Care Sector

BioCubaPharma and Minsap Working to Resolve Drug Shortages

Senior officials from the Cuban Ministry of Public Health (Minsap) and BioCubaFarma, the biotechnology and pharmaceutical industries group, have told a press conference that since 2016, chronic shortages of pharmaceuticals have occurred in the Cuban healthcare system. Minsap and BioCuba Pharma are attempting to mitigate the deficiencies. The officials said that the shortages are largely due to the economic consequences related to the U.S. embargo against Cuba. Rita María García Almaguer, Director of Operations and Technology at BioCubaFarma, told Granma that more than 85 percent of pharmaceuticals are imported and Cuba has been struggling to pay for these imports.  Cuba is unable to use the U.S. dollar in its transactions and has to rely heavily on imports from China, India, and Europe for essential medications which results in increased costs and postponed delivery dates. Ms. Garcia said, “The production of some forms of pharmaceuticals was stalled because the resources were not available on time, which means we were unable to fulfill the demands of the national health system.”Advertisement. Scroll to continue reading. Over the past year there have been deficiencies in medications for contraception or blood pressure while Cuba has focused on cancer, chronic disease and HIV drugs. The Director also…

TO READ THE FULL STORY:

Unbiased reporting on economic news and business developments in Cuba by industry sector

Share
Published by
Zoe Veraz

Recent Posts

Cuba Joins the BRICS New Development Bank

In a move with both economic and geopolitical significance, Cuba has officially joined the New…

1 week ago

Cuba’s International Tourist Arrivals—June 2025

Cuba’s tourism sector, long a vital part of the island’s economy, is experiencing mixed fortunes…

2 weeks ago

Cuba Amplifies Voice of the Global South at BRICS 2025 in Brazil

Cuba took center stage at the 17th BRICS 2025 in Rio de Janeiro this weekend,…

1 month ago

FIHAV 2025 Set for this November

Cuba has confirmed the 41st edition of the Havana International Fair (FIHAV 2025) will take…

1 month ago

WestJet CEO Meets with Cuban President Amid Hopes for Expansion of Passenger Flights to Havana

WestJet CEO Alexis von Hoensbroech met Wednesday with Cuban President Miguel Díaz-Canel in Havana, a high-level meeting…

2 months ago

Cuba Expands Solar Parks as Energy Deficits Persist

Cuba is ramping up efforts to address energy shortages through the expansion of photovoltaic solar…

2 months ago