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Change is the concept of this article because ever since the dollar exchange rate increased in Egypt, the medicines became expensive. Therefore, it became hard for people to buy them. Before the dollar increased, the medicines were very cheap and now they are expensive.

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Globalization can be connected to this article because many of the drugs that are being imported to Egypt are all patented by companies. This can be a big reason why globalization is BAD because companies can control their products and charge a price that is not fair

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The concept that describes this article the most is change. This is change because as the currency drops in value, it makes the medicine prices increase, this can be considered as change because when the dollar rose by half the value, the government did everything they can in order to keep the country running. This can be shown with the pharmaceuticals because as the currency drops the prices change dramatically and this should change.

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the concepts related to the article are change, globalization, and Strategy.
Change
the concept is applied on how the change in the exchange rate of the dollar, also change of the financial state egypt currently is in, and how it is linked to globalization and how expensive the dollar is and how it affects it. also how the medical insurance in other countries is important to assure the stability of the market and its prices.
Globalization
The concept of globalization is how the egyptians were always treated as kids where everything is given to them without giving them an easy way to get the important resources withot paying any taxes or anything related to financial revenue for the country
Strategy
the strategy is the most unique concept is how the egyptians are dealing with such a problem and challenge that is in the mean time and with the new administration and their concepts of sustaining a new, stable and updated market

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The end of the article can be related to Strategy because hospitals and pharmacies are using Twitter as a way of communicating with each other about what medicines they have or don't have. Its a great way to share with the public too!

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I think change is the main concept for this article as it describes that Egypt had no problems like this before and it is now experiencing there worst crisis in all fields. So medicines changed from cheap to very expensive and even not existing.

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I think that change is the concept that we can best connect to this article because since the dollar crises occurred or happened their have been a lot of changes in Egypt due to the dollar crises. Change have occurred in everything not only the prices of the medicines but in everything we use because Egypt exports more than it imports so everything price doubled.

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Change has a major impact on the Egyptian Medicine prices because as soon as there was a change found in the dollar price the prices of everything have gone up.it should be expected that whenever the exchange rate for the dollar goes up, prices of any imported products or goods will rise. technically if the government wants to take an action to help solve this problem they should probably suspend all taxes and duty tax and any imports and exports regarding the medical field.

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I believe that change is the best concept that describes this article. Egypt is a country that was known for its cheap medicine. However, medicine is now becoming more expensive. Egypt imports about $600 million in finished medicine per year but this will change due to the issue of not having enough dollars.

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Change is one of the concepts that could be related to this topic. As from the 2011 uprising, several measures have been taking place affecting the economy of the country as well as businesses and foreign trade. In addition, this change has also affected the Pharmaceutical companies which will also affect the situation and how people think of the current leadership of the country. From the changes that have happened from the 2011 uprising until no people have been rethinking each time if they have made the right choice is choosing their leader.

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I think that change is the concept that explains this article perfectly. Egypt always had cheap medicine prices yet, it changes greatly since the dollar crisis. Even though, you may think that change has to be to the better. yet, in this situation the companies situation changed. Now companies can't afford the expenses and production costs that they need to pay and now due to the change that happened they are not able to pay that. In addition, the company now doesn't make any profit, at first they did but now also due to change they don't.

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Read the article below and make your comment about one of the six a business concept.

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Pharmacies across Egypt are running short of medicines, some of them life-savers, as a plunge in the value of the Egyptian pound coupled with strict government price caps has made scores of products unprofitable to produce or import.

The shortages include some cancer treatments as well as basic items like insulin, tetanus shots and contraceptive pills.

Unable to raise prices above levels set by the Health Ministry but now paying roughly twice as much to import drugs or active ingredients, pharmaceutical firms say they have been forced to phase out certain medicine to stay in business.

"We aren't a charity. We have expenses and production costs, and if a company isn't making profit it will have to halt production," said Said Ibrahim, factory manager at EIPICO, one of Egypt's largest pharmaceutical companies.

That brings no comfort to pharmacists and sick Egyptians.

Out of insulin for weeks, Ali Etman said he was recently forced to turn away eight diabetes patients from his Cairo pharmacy in a single day.

"Patients who come looking for insulin ask me: 'What am I supposed to do? Die?' and I don't know what to tell them. I don't have the drugs they need," Etman said.

Egypt floated its currency on Nov. 3, abandoning a peg of 8.8 pounds to the U.S. dollar and allowing the currency to roughly halve in value to about 17.50 on Tuesday.

The float helped the cash-strapped government clinch a $12 billion IMF loan it hopes will unlock investment and revive growth that has been hampered by political uncertainty since the 2011 uprising that toppled President Hosni Mubarak.

But the medicine shortages are piling pressure on the government of general-turned-president Abdel Fattah al-Sisi, who has been at pains to reassure a populace already struggling with double-digit inflation and intermittent shortages that they would be shielded from the worst effects of economic reforms.

Talk of a looming healthcare crisis has dominated popular evening chatshows, with doctors calling in nightly to report rapidly depleting stocks and patients being turned away from hospitals for lack of supplies.

The Health Ministry has blamed the problem on panicking Egyptians hoarding medicines and said it would not raise prices.

Drug shortages are not new to Egypt. More medicines had already begun disappearing from shelves early this year as a severe shortage of dollars in the banks meant pharmaceutical firms could not pay for the necessary imports.

Egypt has struggled to earn enough dollars since the 2011 uprising scared off foreign investors and tourists and the central bank drained its reserves defending the currency peg.

The Health Ministry set up a Drug Shortages Directorate in 2012 to minimize the impact by suggesting suitable substitutes for missing medicines. But the situation has only worsened.

EIPICO's vice president told Reuters about 1,600 drugs had gone short in recent months, including 35 that have no alternatives and would disappear from the market if price caps were not eased.

"Distributors are now telling pharmacies nothing imported is available. The problem has been going on for a while, but has only turned into a crisis in recent weeks," Etman said.

Egypt's drugs market is 40 percent multinational - big suppliers include Pfizer, Novartis, GlaxoSmithKline and Sanofi - and 60 percent domestic. Nearly all of it is in private hands, with annual sales worth a total of about 50 billion pounds before the float.

Ahmed al-Ezaby, head of the medicine industry division at Federation of Egyptian Industries, said Egypt imports about $600 million in finished medicines per year and $1.8 billion in active ingredients.

Officials at multinationals said they were concerned at the worsening situation. One industry source said companies were now in talks with Egyptian ministries on the possibility of restoring some prices to pre-Nov. 3 levels, in dollar terms, to ensure supplies of the most critical medicines.

The multinationals have local factories set up but 15-20 percent of drugs are imported, while 80-85 percent are produced locally. About 70 percent of all drugs in Egypt are generic and domestic-made.

A spokesman for Sanofi said the French group was "actively engaging local authorities to define a sustainable pricing mechanism".

Egypt's supply problems echo those in Venezuela, where a lack of dollars has also created drug shortages and left manufacturers nursing big losses.

Before the flotation, Egypt faced a dollar shortage that saw imported goods ranging from electronic equipment to sugar disappear briefly from shelves in the past year.

The central bank rationed supplies via weekly auctions, earmarking the little it had for essential items like medicine.

Dollar supply is less of an issue since the flotation. But the cost of buying the greenback is because companies import active ingredients they need to make generic medicines.

The government, which already raised prices on a slew of medicines this year, is under pressure to keep drugs affordable for tens of millions of poor Egyptians.

It has blamed the crisis on hoarding and greed.

"It's an orchestrated crisis. The decision to float the pound was taken...and two hours later people began saying we have a crisis and we don't have meds," Health Ministry spokesman Khaled Mogahed told the Egyptian TV channel Mehwar.

"It's a way to push for a rise in medicine prices, which will not happen."

Mogahed did not respond to requests from Reuters for comment.

The companies want the government to remove the price caps entirely or re-adjust them to ease their losses.

The Health Ministry met last week with drug industry leaders to discuss an emergency plan. It has offered to subsidize pharmaceutical companies to the tune of $165 million to support imports of life-saving drugs that have no viable substitutes, including some cancer treatments.

Companies said the amount was not nearly enough while rolling out a new subsidy program would take time.

"There's no way of knowing how long this amount will last because cancer drugs are expensive and it depends on the shortages, but the amount is not enough to solve the problem," said Adel Abdel Maksoud, head of the pharmacy division at the Cairo Chamber of Commerce.

In the meantime the companies say they have to stop offering the drugs which most cut into their profits. Some have already sent back shipments that were ordered before the float but arrived after, as selling them at the fixed prices would have created big losses. They all say they have to downsize and cut out certain drugs.

"We're working on a strategy to eliminate any product that's not profitable. But companies that depend on unprofitable products will be forced to shut down now given the new currency rate," said ITO Pharma's deputy general manager Mohamed Geoushy.

More life-saving drugs will soon disappear, he said.

His company is one of only two suppliers of cyclosporine, a drug used to prevent organ rejection during transplants. It recently stopped importing the drug, he said.

Pharmacists say patients have no choice but to resort to a black market for once-common items like saline and glucose at prices often 10 times higher than the official caps and far beyond the reach of most.

On Twitter, resourceful Egyptians have set up the hashtag "Twitter_Pharmacy" to swap medicines they cannot find in shops. Hospitals are using social media to advertise their needs.

"Every minister should have sat down with the government after the float and discussed an emergency plan because it's a crisis if patients can't find life-saving medicines," said Osama Tahoon, general manager of medicine producer Julphar Egypt.

"We can give up sugar or tea, but we can't give up medicine."

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Currency drop hits Egypt's medicine supplies, angering public - Egypt Independent

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Pharmacies across Egypt are running short of medicines, some of them life-savers, as a plunge in the value of the Egyptian pound coupled with strict government price caps has made scores of products unprofitable to produce or import. The shortages include some cancer treatments as well as basic items like insulin, tetanus shots and contraceptive pills.

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Culture is at the forefront as I believe medicine is only the tip of the iceberg for a population that does not eat healthy and smokes too much. Perhaps a more healthy lifestyle can ease the demand for foreign medicine