Clinics and pharmacies facing bankruptcies due to contraction in demand

With both business and consumer sentiment deteriorating rapidly since the end of 2002 and adding to already increased concerns by surging oil prices, which were rattled upwards by the war premium in Iraq, a number of clinics and pharmacies have experienced serious business setback.

1) Pharmacies

According to Plus Clinic, a medical consulting company and other pharmaceutical sources, the f...