Medicine costs in Georgia will become up to 40% cheaper under new pricing policies in an historic decision by the Ministry for Health.
The pricing policy means that the state will set maximum price limits for medicines, above which, the sale of medicines will be prohibited.
Initial reference prices will be set for approximately 1100 named chronic and oncological medicines however a second stage will see all remaining prescription medicines fall under the new rules.
COREX Logistics Country Head in Georgia, Nana Pekhmashvili wholeheartedly welcomes the move. “Price should never be an obstruction to getting better”, she says. “This lowering of costs will help to ease the financial burden on patients in Georgia and enable more people to access healthcare which is very good news indeed. At COREX we believe firmly that the patient comes first and this is another step toward ensuring that is always the case”.
Georgian Health Minister, Zurab Azarashvili, described the reforms as an historic decision, stating that the goal of the Georgian government is to reduce medicine costs as much as possible.
COREX Logistics is a supply and logistics company with headquarters in Ireland, working with pharma and patients to facilitate improved healthcare worldwide.
Our expert international team works across an 80-country network, specialising in the EMEA region, providing the latest in clinical trial logistics technology and systems, cold-chain delivery, temperature-controlled transportation and storage services. From sourcing, procurement and customs clearance, to labelling, returns and destruction, we cover every link in the supply chain. We also run an established Named Patient Programme and provide Patient-Oriented services. With extensive knowledge and on-the-ground insight into our markets, we create innovative solutions with the ultimate goal of improving the lives of patients.