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Over 840 kinds of drugs banned

4 January 2016 14:42 (UTC+04:00)
Over 840 kinds of drugs banned

Azerbaijan's Ministry of Healthcare banned the circulation of 844 kinds of medicines from January 4.

The ban covered the medicines produced in Turkey, India, Romania, Denmark, Russia, Jordan, Georgia, Ukraine, Poland, Egypt, Germany, Belarus and other countries.

The medicines of Russian and Turkish origin make up the majority of the banned drugs.

The country started regulating the prices of medicines from September 15. A list of medicines is constantly enlarging. Up until now, the Tariff Council has approved the prices of over 3,500 kinds of medicines.

Compared with the current price, the price of 46 percent of medicines decreased more than two times, 24 percent – more than three times. In general, prices have fallen for 95 percent of all the medicines.

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

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

The country has registered more than 4,500 brands of more than 20,000 types of medicine. The number of cost-controlled pharmaceuticals will increase in the future.

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