27 new cheaper medicines on the market

The Medicines Authority has authorised the sale of 27 new alternative generic medicines, all of which are cheaper than their brand-name counterparts.

11 of these medicines are already on the market, and the remaining ones will be available as from 1 October.

The most significantly cheaper product is a packet of Teva-Atenolol pills, used to treat hypertension. At €2.10 per packet of 28 pills, it is 77% cheaper than the Tenormin tablets.

Other alternative drugs on the list are used to treat fungal infections, gout, stomach acidity, and depression.

Addressing a press conference at a Zabbar pharmacy, Consumer Affairs minister Helena Dalli said that consumers now have the choice to purchase cheaper medicines that are as high quality as their branded counterparts.

Moreover, three new drugs - to treat pain, allergies, and depression – with no alternative already on the market have been introduced to the market.

The prices of three other medications – to treat allergic rhinitis, hair loss and psoriasis – have been reduced.