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Rise In Sale Prices Of Several Medicines Recorded In October And Nov

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  • Rise In Sale Prices Of Several Medicines Recorded In October And Nov

    RISE IN SALE PRICES OF SEVERAL MEDICINES RECORDED IN OCTOBER AND NOVEMBER

    NOYAN TAPAN
    NOVEMBER 17, 2009
    YEREVAN

    YEREVAN, NOVEMBER 17, NOYAN TAPAN. A rise in the sale prices of several
    medicines has been recorded as a result of the checks conducted by
    the RA State Commission for the Protection of Economic Competition in
    October-November of this year. According to the preliminary study of
    the Commission's experts, the behavior of the big economic entities
    engaged in the import and sale on the markets of cardiovascular,
    anti-virus and diabetic medicines may bear evidence of possible
    violations of the legislation on competition. For that reason, at
    the November 17 sitting, the Commission initiated legal proceedings
    in the indicated markets.

    During the proceedings, the compliance of the behavior of the
    following entities with competition rules will be examined. These
    economic entities are: Esculap LLC, Argo Pharm LLC, Asteria LLC,
    Alpha Pharm CJSC, Natali Pharm LLC, Vaga Pharm LLC, Arpimed CJSC,
    Arpharmatsia CJSC, Amikus LLC, Lagi LLC, Deghabaza Yerevan LLC,
    Rus Pharm LLC, Richter Lambron LLC, Tonus Les LLC, Pharm Gohar LLC,
    Asteria LLC, Pharm Trust LLC, and Orient Pharm LLC (these economic
    entities are the biggest ones in the market). At the Commission's
    sitting, the economic entities were asked to provide information about
    the components of the structure of the purchase prices of goods and
    their sale prices, also the reasons for a change in prices. They were
    also asked to present copies of the agreements and invoices.

    The list of the medicines of social importance, whose prices have been
    raised in an unfounded way (in the preliminary opinion of experts)
    will be available on www.competition.am website.
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