Georgia will introduce an upper limit on the prices of drugs for the treatment of chronic and oncological diseases

2022/08/1221--1659652026.jpg
Read: 702     11:00     05 Август 2022    

The Ministry of Health of Georgia is going to introduce a program of reference prices and set an upper limit on the prices of drugs for the treatment of chronic and oncological diseases.

Deputy Minister of Health Ilia Gudushauri told IPN that work on the methodology of the reference price program is already underway and the process will be completed at the end of August..

“Work is underway on the methodology of the reference price program. We think that we will finish the work in this direction by the end of this month. Then we will move on to the technical work. We think that from January 1, 2023 the reference prices for certain medications will come into force. At the first stage, there will be an upper limit of prices for drugs for the treatment of chronic diseases and oncology.

In general, a policy of reference prices means setting a maximum price for certain generics, that is, for the entire list of medicines that are related to a given active substance. Accordingly, any company, pharmacy, or distributor will be required not to set an amount above a certain price for medications that fall within the scope of this regulation", said Gudushauri.

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Georgia will introduce an upper limit on the prices of drugs for the treatment of chronic and oncological diseases

2022/08/1221--1659652026.jpg
Read: 703     11:00     05 Август 2022    

The Ministry of Health of Georgia is going to introduce a program of reference prices and set an upper limit on the prices of drugs for the treatment of chronic and oncological diseases.

Deputy Minister of Health Ilia Gudushauri told IPN that work on the methodology of the reference price program is already underway and the process will be completed at the end of August..

“Work is underway on the methodology of the reference price program. We think that we will finish the work in this direction by the end of this month. Then we will move on to the technical work. We think that from January 1, 2023 the reference prices for certain medications will come into force. At the first stage, there will be an upper limit of prices for drugs for the treatment of chronic diseases and oncology.

In general, a policy of reference prices means setting a maximum price for certain generics, that is, for the entire list of medicines that are related to a given active substance. Accordingly, any company, pharmacy, or distributor will be required not to set an amount above a certain price for medications that fall within the scope of this regulation", said Gudushauri.

apsny.ge





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