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Drug Prices Up In Armenia - Health Minister

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  • Drug Prices Up In Armenia - Health Minister

    DRUG PRICES UP IN ARMENIA - HEALTH MINISTER

    news.am
    October 05, 2012 | 13:00

    YEREVAN. - No substantial price fall is noted in the drugs that
    are imported to Armenia by fifty organizations and, in actual fact,
    the prices have risen thereby contributing to superprofits, Health
    Minister Derenik Dumanyan stated, during a press conference on Friday,
    summing up his one-hundred days in office.

    As per the Minister, the Government has taken appropriate measures
    to facilitate the import of medicine into Armenia. "But the prices
    of solely 5-6 drugs have fallen," he remarked.

    In Dumanyan's words, the state does not intervene in pricing and, as
    a result, the companies themselves determine the drug prices so as to
    gain superprofits. "There are numerous unregistered drugs. Many drug
    companies refuse to register their medication in Armenia because this
    demands additional time, [and] they have to submit documents. And
    [therefore] our importers bring those drugs and sell them as
    unregistered medication," he noted.

    Armenia's Health Minister stressed that the strictest quality control
    is indispensable from the moment of importing. "The usefulness of
    each drug that enters the country is determined at the border. [But]
    There is a lack of full control mechanisms in this sector," Derenik
    Dumanyan said, and added that the matter of free medicine recipients
    likewise needs to be resolved.

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