Medicine importers agree to cuts in prices of up to 67%

Talks with importers of medicines took place recently, which have now led to the decrease in price of 62 products: 54 will decrease by 6 to 40%, while some medicine will decrease by a massive 67%.

The ministry said some importers had already decreased their medicines, and prices were already set in some pharmacies.

The prices are effective on new consignments to pharmacies, while those drugs already available in pharmacies will be priced as they were before. Most changes will take place over the summer months.

The competition and consumer division will be carrying out price inspections.

The biggest decrease, 67%, will be on Septrin Paediatric Suspension (100ml) which is used for children’s lung infections. Cholestorol drug Zocor 40mg will decrease by 29 to 42%. Zovirax, used for skin infections, will decrease by €82.72.

Check out the new medicine prices here on Google Docs