Azernews.Az

By Amina Nazarli

Tariff (Price) Council of Azerbaijan fixed prices for 2,557 more medicines on June 30.

Prices reduced for 90 percent of these drugs, in particular the prices for 29 percent of medication were cut by more than half compared with the current prices, while prices for 11 percent of drugs by more than three times.

To date prices for 9,632 drugs were approved, which make up 99 percent of the registered medicines in the country.

Some 7,300 medicinal products have already been sold on the approved prices. Prices for additional 2,332 drugs will come into force from this September.

Establishing single prices for medicines is aimed to improve the level of medical services provided to the population and combating price gouging.

The government began to pay a special attention to sale of medicines in its pharmacies starting from last September, and Tariff Council began to adjust and approve prices for a number of medicines.

One can get acquainted with the list of approved drugs on the website of the Tariff Council (www.tariff.gov.az ) in “Medicines” tab.

Medicinal products whose prices have been approved by the Council and entered into force, should be sold at these prices in all pharmacies across the country.

All medicines imported to Azerbaijan are examined before reaching pharmacies and hospitals. The country bans the import of medicines into the country without a license, permission, or other relevant documents.

A total of 57 percent of medicines registered in Azerbaijan are produced in Europe, 26 percent in the CIS countries, including 12 percent made in Russia. The small proportion is the medicine produced in Asian countries.

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Amina Nazarli is AzerNews’ staff journalist, follow her on Twitter: @amina_nazarli

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