President to veto the law banning growth of prices for medicines

President Viktor Yushchenko will veto the law imposing moratorium on rising prices and tariffs for medical supplies, he said during his today’s meeting with representatives of the pharmaceutical industry at Borshchahivskiy Chemical-Pharmaceutical Plant.

"Guided by social and economic motives of national production, I decided to veto this bill", he said. Yushchenko stressed that the law would actually destroy domestic producers and the prospect for this unique science-intensive industry to enter the European and world markets.

Yushchenko urged representatives of the industry to help explaining to the public that the law would not only affect the interests of domestic producers, but also lead to lack of medicines for ordinary citizens.