Henry Gregg, Chief Executive of the National Pharmacy Association said:
"It's clear that medicine prices are soaring for pharmacies, as this crisis unfolds with the government issuing an unprecedented number of price concessions in an attempt to cover the growing price of many essential medicines.
"Government price concessions are 120 per cent higher than they were at the same time last year.
"We expect this continue if this situation is prolonged, if the cost of raw materials and other aspects of the manufacturing process increases.
"Pharmacies are already facing a medicine supply crisis before the conflict started, and although we are not currently seeing a direct impact on supplies we have been warning for years of growing issues in an increasingly fragile supply chain.
"The government must do all they can to reassure the public, support pharmacies with the eye watering cost increases and take a grip of the long standing issues in the medicine supply chain to ensure we keep a smooth flow of medicine supply to those whose health depends on it."
