Prices of 62 medicines reduced after government talks with importers
Further talks planned
Video: Mark Zammit Cordina
The prices of 62 medicines are going down following talks between the government and medicine importers.
Parliamentary Secretary Chris Said, who piloted the talks, said that some of the reductions are coming into force immediately while others will come into effect when current stocks are sold out and replaced.
54 medicines are seeing their prices reduced between 6% and 40% while others will see price cuts of as much as 67%.
Dr Said said inspectors from the Consumers and Competition Division will monitor prices to ensure that all agreed reductions come into force.
“This is only the first step, and further talks will be held over the coming weeks for further reductions in the prices of other medicines in the interest of consumers.
|
Price reductions percentage |
Number of medicines |
|
up to 20% |
38 |
|
21% sa 30% |
11 |
|
31% sa 40% |
9 |
|
41% sa 50% |
3 |
|
> 51% |
1 |
The following is the list of medicines whose prices are being reduced
Medicine Dosage Current price New price Reduction
|
Adalat® |
Capsule soft 10mg x 90 |
17.00 |
13.00 |
-4.00 |
|
|
Adalat® LA 30 |
Prolonged release film-coated tablet 30mg x 28 |
17.59 |
13.42 |
-4.17 |
|
|
Tablet 1mg X 30 |
6.01 |
5.71 |
-0.30 |
|
|
Amaryl® 2mg |
Tablet 2mg X 30 |
9.74 |
7.27 |
-2.47 |
|
|
Amaryl® 3mg |
Tablet 3mg X 30 |
12.16 |
11.30 |
-0.86 |
|
|
Amaryl® 4mg |
Tablet 4mg X 30 |
14.40 |
11.87 |
-2.53 |
|
|
Augmentin |
Film-coated tablets 375mg x 21 |
13.02 |
11.76 |
-1.26 |
|
|
Avandament |
500mg/1mg X 112 |
46.87 |
39.50 |
-7.37 |
|
|
Avandament |
300mg/2mg X 112 |
93.41 |
77.63 |
-15.78 |
|
|
Avandia |
film-coated tablets 4mg X 28 |
48.57 |
35.48 |
-13.09 |
|
|
Benylin® Children's Chesty Coughs |
Syrup X 125ml |
5.31 |
4.39 |
-0.92 |
|
|
Benylin® Children's Night Coughs |
Syrup X 125ml |
5.24 |
4.39 |
-0.85 |
|
|
Betnovate™ Scalp Application 0.1% w-w Cutaneous Solution |
Scalp application X 100ml |
12.19 |
9.86 |
-2.33 |
|
|
Canesten Pessaries |
Passaries 100mg X 6 |
7.55 |
6.21 |
-1.34 |
|
|
Canesten® |
Cream X 20gr |
4.96 |
4.67 |
-0.29 |
|
|
Canesten® |
Cutaneous spray solution X 40ml |
9.71 |
7.90 |
-1.81 |
|
|
Canesten® HC |
Cream x 30gr |
8.34 |
7.14 |
-1.20 |
|
|
Ciproxin® |
Tablets 250 mg x 10 |
13.88 |
11.33 |
-2.55 |
|
|
Ciproxin® |
Tablets 500 mg x 10 |
23.18 |
19.80 |
-3.38 |
|
|
Cozaar |
Film-coated Tablets 50mgx 28 |
32.94 |
24.85 |
-8.09 |
|
|
Cozaar®-COMP 50-12.5 Film Coated Tablets |
Film-coated Tablets x 28 |
34.92 |
27.63 |
-7.29 |
|
|
Cutivate® Cream |
Cream X 15g |
6.68 |
5.09 |
-1.59 |
|
|
Daktarin™ |
Cutaneous powder X 20gr |
4.82 |
3.42 |
-1.40 |
|
|
Engerix B |
Suspension for injection X 1 |
26.66 |
23.38 |
-3.28 |
|
|
Eumovate® Cream |
Cream x 30g |
4.54 |
4.14 |
-0.40 |
|
|
Fosamax® Once Weekly 70mg |
Tablets 70mg X 4 |
47.08 |
32.60 |
-14.48 |
|
|
Glucobay 100 |
Tablet X 90 |
25.16 |
22.64 |
-2.52 |
|
|
Glucobay 50 |
Tablet X 90 |
18.45 |
16.97 |
-1.48 |
|
|
Isotrex |
Gel For topical application X 30g |
14.65 |
14.00 |
-0.65 |
|
|
Kamadrin |
Tablets 5mg X 100 |
12.49 |
8.71 |
-3.78 |
|
|
Klacid® |
Granules for oral suspension 125 mg per 5 ml X 60ml |
11.51 |
10.67 |
-0.84 |
|
|
Klacid® |
Granules for oral suspension 125 mg per 5 ml X 100ml |
16.10 |
15.17 |
-0.93 |
|
|
Levitra |
Tablets 5mg X 30 |
38.13 |
36.19 |
-1.94 |
|
|
Levitra |
Tablets10mg X 30 |
43.98 |
39.33 |
-4.65 |
|
|
Lipitor® |
Film-coated tablets 10mg x 28 |
36.08 |
23.33 |
-12.75 |
|
|
Lipitor® |
Film-coated tablets 40mg x 28 |
53.46 |
47.95 |
-5.51 |
|
|
Lipitor® |
Film-coated tablets 20 x 28 |
45.05 |
42.00 |
-3.05 |
|
|
Locoid Crelo® 0.1% |
Cutaneous emulsion X 30g |
7.19 |
6.61 |
-0.58 |
|
|
Locoid Lipocream® 0.1% |
Cream X 30g |
7.19 |
6.39 |
-0.80 |
|
|
Locoid® Cream 0.1% |
Cream X 30g |
7.19 |
6.39 |
-0.80 |
|
|
Locoid® Scalp Lotion 0.1% |
Ointment X 30g |
7.19 |
6.04 |
-1.15 |
|
|
Lustral™ |
Film-coated tablets 100mg X 28 |
50.83 |
48.02 |
-2.81 |
|
|
Lustral™ |
Film-coated tablets 50 mg X 28 |
31.12 |
29.39 |
-1.73 |
|
|
Orelox® |
Film-coated tablets 100mg x 10 |
13.29 |
12.41 |
-0.88 |
|
|
Oropram |
Film-coated tablets 20mg X 28 |
15.72 |
12.59 |
-3.13 |
|
|
Otosporin Ear Drops |
Suspension X 5ml |
4.61 |
4.14 |
-0.47 |
|
|
Primolut N tabs |
Tablets 5mg X 30 |
6.14 |
4.54 |
-1.60 |
|
|
Proscar |
Film-coated tabelst 5mg X 28 |
45.56 |
30.77 |
-14.79 |
|
|
Reminyl™ |
Film-coated tablets 12mg X 56 |
119.73 |
108.25 |
-11.48 |
|
|
Septrin® Paediatric Suspension |
Oral suspension x 100ml |
9.92 |
3.28 |
-6.64 |
|
|
Seroxat |
Film-coated tablets 20mg X 30 |
21.97 |
19.80 |
-2.17 |
|
|
Sivacor |
Film-coated tablets 20mgX 30 |
18.63 |
10.71 |
-7.92 |
|
|
Sivacor |
Film-coated tablets 40mgX 30 |
23.29 |
14.22 |
-9.07 |
|
|
Yasmin |
Film coated tablets 21 X 3 |
27.49 |
25.59 |
-1.90 |
|
|
Zantac |
Injection 2ml X 5amps |
11.51 |
7.47 |
-4.04 |
|
|
Zantac® |
Tablet 150mg X 60 |
28.75 |
19.39 |
-9.36 |
|
|
Zantac® |
Tablet 300mg X 30 |
27.93 |
19.39 |
-8.40 |
|
|
Zithromax™ |
Powder for oral suspension 200 mg per 5 ml X 15ml |
11.74 |
11.51 |
-0.23 |
|
|
Zocor® |
Film-coated Tablets 10mgX 28 |
26.88 |
15.72 |
-11.16 |
|
|
Zocor® |
Film-coated Tablets 20mgX 28 |
34.94 |
24.77 |
-10.17 |
|
|
Zocor® |
Film-coated Tablets40mg X 28 |
62.40 |
31.30 |
-31.10 |
|
|
Zovirax |
Tablets 800mg x 35 |
221.49 |
138.71 |
-82.78 |
The government said a substantial number of importers had acknowledged the government’s insistence that medicine prices had to be brought down to reasonable levels and mede their own proposals.
Parliamentary Secretary Said thanked constituted bodies such as the Chamber of Commerce, the GRTU and the PRIMA group for their assistance.
Further information is available on 21446446 as from tomorrow 8 a.m. and 8 p.m. and on www.doi.gov.mt
41 Comments
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JOHN O SCERRI
Jul 6th 2010, 07:43
All mentioned medicines are brand names and most of them or their equivalent are given out free to patients who have chronic illnesses.
The Govt will benefit most and this is good for all of us since the medicines are paid from our taxes.
On another note I would suggest Govt and patients to insist on introducing a procedure whereby generic drugs instead of brand products are purchased where possible .
These are surely very much cheaper . All these medicines are manufactured under strict GMP (good manufacturing practice) requirements as well as very strict quality standards.
All our local pharmaceutical manufacturing industries produce generic drugs and still there is resistance by govt. to buy these pharmaceuticals .
Buying generics automatically reduces the price of medicines without any need for lengthy discussions.
One can see the difference when buying for example 'PARACETAMOL' and 'Panadol'
Active ingredient is 'Paracetamol' for both of them
Paracetamol is one of the cheapest drugs on the market .
Just imagine if prescription drugs like Atorvastatin, Fluvastatin, antihypertension drugs, Paroxetine, where on the shelves together with their counterpart brand names...and .....Let the patient choose.
gaffarena joseph
Jul 4th 2010, 07:23
So,what other ministers found it hard to tackle with this problem,this young and promising young
man Chris Said,made it happen.I, can still remember the the conference that we had with former minister of health Dalli,in his own words he said it is impossible to work on prices with these people, because they change the price every minute.
First of all this reduction in prices show that they were charging us more than 100% profit,and to my knoledge the profit should be not more than 20%.
Now,it is in the interest of the public to see that these importers will stick to these new prices.
There is still to be done, but at least Dr,Said had the courage to make this first move towards the consumer.
Well done Dr, Said,keep on doing your work in this professional way.Hope that others will follow .
c camilleri
Jul 3rd 2010, 09:01
Even after the price reductions, most medicines mentioned here are available from abroad at least 15% - 20% cheaper! So what is the government and the importers of medicine doing? taking us for a ride? Gentlemen, use the internet and purchase it online. If most of us do that, the importers will feel the pinch and would reduce the medicine prices to decent levels.
It is about time that our salaries are also increased to EU levels to reflect the local cost of living.
Carmel Cilia
Jul 3rd 2010, 07:25
@ Mr. Camilleri 'Prosit u grazzi" how childish. I would tell Mr. Said what about all the money that I paid extra. You were there to protect me from being robbed. That would have been more like it.
No Mr. Said everybody has been saying that medicenes in malta were being sold at exagerated prices. From me you take no thanks. You did it because you were pushed to do it by the interventions of an P.L. european member of parliament and not because you love the maltese people. Shame on you and on the importers involved. If there was justice in this land the people involved should have been taken to court and the money overpaid in the last say ten years would have to be paid back and directed into our Health budget.
Less then that is complicity for which no thanks is due.
Derek Mifsud
Jul 2nd 2010, 21:06
It is a possitive sign and I am sure that there are many more that should be reduced. I noticed that FOSOMAX has been reduced by €14.48. .What about FOSAVANCE 70mg x 4 tablets which is manufactured also by the same manufacturer of Fosomax and I believe is also imported by the same agent. This product is sold in Malta for € 43 for 4 tablets, while from Italy I bought them for € 24.50 . I hope that this exercise will continue for the benefit of the consumers.
t. borg
Jul 2nd 2010, 20:22
il-gvern falla milli jipperswadi li huwa tarka tal-poplu u halla biss erba importaturi jaghmlu li jridu. iccaqlaq issa kontra qalbu biss ghax jaf li se jiehu tumakka mill-eu. nistaqsi jekk rahsu mhux ghax kien hemm serq? nistenna twegiba. il-pn qed jitkisser minn erbgha tal-qalba. mhux ahjar jitwaqqaf kumitat bejn iz-zewg nahat tal-kamra b'chaiman mill-pl jinvestiga!
John Carmel Navarro
Jul 2nd 2010, 18:49
A step in the right direction so hopefully we can see a general reduction soon, I do not wish to be a damp squid. Zocor 10mg coated tablets now shown at Euro’s 15.72, I purchase on internet for around £7 sterling which is less than half price. It is of utmost importance that the Government ensures that eventually uniformity is reached with other European Countries as to medicines pricing. The majority of people in Malta who for some obscure reason do not qualify for free medicines just cannot afford the current prices and are being taken for a very expensive ride!.
m. borg (slm)
Jul 2nd 2010, 16:32
I apologise when I did my calculations I used the old price, in fact the price per tab is €3.66 not €6.33.
Actually there was a real reduction. Well done. Unfortunately we have been robbed blind for a long time, but then better late then never and hope it is not a gimmick like we had before the elections.
What's white is white.
DJ Camilleri
Jul 2nd 2010, 16:17
This seems to be a step in the right direction. At least somebody seems to have started tackling the problem which has been present with us for years and years on end.
This does mean that patients have been fleeced for ages, being charged overinflated prices and I still wonder how many more products out there are still being sold at scandalously higher prices than in other EU countries.
With regards to generics and online purchasing of medicines I would exercise caution, seeing that there are a number of reports of drugs available on the market which contain less than, or even worse, none of the active ingredients they should contain and can also be of inferior quality regarding their formulation.
Stefan Vella
Jul 2nd 2010, 16:50
"With regards to generics and online purchasing of medicines I would exercise caution...."
While one must exercise caution when purchasing medicines online by verifying that these online pharmacies do possess the necessary licences, all generics available on the Maltese market are vetted and declared to be of the same quality, efficacy and safety standards as those obtained by the originator product.
A quick chat with any medical professional and/or the Malta Medicines Authority will easily dispell this myth. This is a highly regulated industry in the EU.
p.piscitelli
Jul 2nd 2010, 16:57
Yasmin in Italy costs 13.56 euros 10 euros less.
Now that prices have gone down especialy Zavorax that cost 82 euros less this means that till now the Maltese have been robbed, all this money will be given back to them?
Joe Savona
Jul 2nd 2010, 16:07
It would be interesting to know who the agents/importers are. Is there a pattern here ? One agent could have a much bigger mark up than others.
Alexander Borg
Jul 2nd 2010, 15:57
Me and my wife are pensioners and make frequent use of some of the medicines listed below...we warmly welcome the reduction in prices of most of the medicines we take ... a good move by the government in favour of us pensioners
Ian C Ellul
Jul 2nd 2010, 15:28
Well Done ... Well Done indeed Chris.
m. borg (slm)
Jul 2nd 2010, 14:57
Checking the price of the costliest medicin in the list, ie zovirax x800gm, the price in Malta of 35 tabs at €21.49 works out at €6.33 per tablet.
From Chemistdirect on internet :
[url]http://www.chemistdirect.co.uk/zovirax-disp-tablet-800mg-%5Bshingles-pack%5D_4_17427.html[/url]
the price is £2.59 or €3.13 at today's exchange rate.
Is this the reduction in price that ps Chris Said is boasting about.?
Stop making fools of yourselves, talk is cheap medicines aren't.
Stefan Vella
Jul 2nd 2010, 16:38
Maybe I'm blind, but the article lists the new price for Zovirax 800mg tablets @ EUR138.71 for 35 tablets (EUR3.96 per tablet).
Quoting ChemistDirect and your comment, "the price per tablet is £2.59 or €3.13 at today's exchange rate." There is a difference of EUR0.83 per tablet between the new price and ChemistDirect in a very small part due to freight (trivial) and mostly due to economies of scale.
Saviour Xerri
Jul 2nd 2010, 16:46
@MBorg (slm)......... guess what ..!!!!!!!!!! I visited the site you have mentioned and founs out that if I were to purchase just one tablet at 2.95 I have to pay 3.95 postage plus I have to pay a British Doctor to issue a prescription. ( you can check the site yourself for this info) so I say that over here in Malta we are on the same level. As that which regards you you are either deciving throwing false information, or cannot read properly. Prosit Dr.Said just keep up the good work you are performing.
lzammit
Jul 2nd 2010, 14:52
Prosit, Sur Manuel Camilleri. Kumment bis-sens u ezemplari.
Joseph E Briffa
Jul 2nd 2010, 14:47
Well done Chris Said...please let's have the price of more medications reduced. The government is again showing that it can act with prudence and responsibility. All the people should be grateful for this move and hope that there will be more of the same. Thank you.
Mary Bonello
Jul 2nd 2010, 14:45
Tajjeb li l-Gvern sab qbil madwar mejda. Hemm ghadd mill-medicini li gieli kellna nehduhom bhala familja... ibda mill-Augmentin. Grazzi hafna.
Joe Grima
Jul 2nd 2010, 14:35
This is nothing short of a scandal. Instead of thanking importers for reducing some prices. these importers should be prosecuted for having fleeced innocent patients, who they have been overcharghing for mediciens, for God knows how many decades. Or are these importers fat cat contributors to the PN expense account?
Carlo Grech
Jul 2nd 2010, 14:29
Wara min jaf kemm batew nies minhabba l-prezz gholi u n-nuqqas, u forsi anke min jaf jekk mietux nies. Kumment wiehed ghandi: pass tajjeb imma AFT. Imissna nisthu li l-medicini hafna u hafna aktar gholjin milli ssibhom f'kull pajjiz tal-Ewropa. Mhux ta b'xejn li zdided daqshekk ix-xiri taghhom on-line.
Paul Fenech
Jul 2nd 2010, 14:24
Nispera li wara ftit ta zmien ma nerghux ghal istess prezzijiet.
S. Falzon
Jul 2nd 2010, 14:23
Excellent news! Well done Dr Said.
Laura Falzon
Jul 2nd 2010, 14:21
My daughter had acute asthma so the doctor recommended some pills called Singulair Paediatric . Since she started them over a year ago she never again had an asthma attack. These pills are not given for free from the government and they cost 46.50 euros (for a packet of 28). Maybe its time that these pills which are so helpful for asthmatic children should be given for free or else for a reduced price because they are really expensive and quite a burden to buy every month !!
Cathleen Tabone
Jul 2nd 2010, 14:12
Thank you, Dr Said. If only every politician delivers the way you do.
joe muscat
Jul 2nd 2010, 14:07
@Manuel Camilleri
Prosit u grazzi ? ta xhiex ? ta kemm ilhom jisirquk ? fic-cert li dawn il-prezzijiet ma rahhsux min barra imma l-impurtaturi naqsu ftit mill-qliegh (jew ahjar serq)
J Buttigieg
Jul 2nd 2010, 13:56
Prosit Dr Said .
Din hi haga li jgawdi minna kulhadd.
M Tabone
Jul 2nd 2010, 13:38
Discussion just narrowed part of the super profits. Government should regulate and not only discuss, probably this is next in line if discussions fail to achieve the desired results. For people who have being dependent on such medicine and others this is not much of good news. They feel helpless at the mercy of few importers who can agree and determine unjust market price due to dominant position in the market. It’s a bright signal that the free market system is failing and hitting is mass market severely. It’s a move in the right direction but Government needs to feature stronger in the price setting mechanism of such products. Imports have the right to make profits but not such easy money from the needy.
P.Cassar
Jul 2nd 2010, 13:29
I CLEARLY REMEMBER, AND MANY OTHERS TOO, WHEN THE PN TOLD US "bil- VAT ser jorhsu 40,000 prodott'
PS WHY WERE SUCH MEDICINES MORE EXPENSIVE?
ARE STEPS BEING TAKEN AGAINST CULPRITS?
ARE VICTIMS, ESP PENSIONERS, GOING TO BE GIVEN MONEY BACK?
Dolores Zammit
Jul 2nd 2010, 13:24
Hbieb, fejn tidhol is-sahha m'hemmx politika - min jghaddi minn mument difficli jaf x'qed nghid - meta tigi bzonn il-medicina imma ghax tkun tiswa hafna tbati biex tixtriha - ghalhekk kull rohs fil-prezz tal-medicini hu milqugh b'ferh - Din ahbar tajba hafna
Manuel Camilleri
Jul 2nd 2010, 13:15
I am a pensioner and take some of the medicines listed below and I gladly welcome the price reductions - prosit u grazzi
Anthony Borg
Jul 2nd 2010, 14:39
Dear Mr.Camilleri, whilst it is a good principle to express thanks where thanks are due, it is to be noted that these reductions in medicine prices were the result of the frequent complaints and comments that appear regularly in the media.
G. Watson
Jul 2nd 2010, 15:24
Yes a good start but then again some are still way over the price we pay for them in the UK, so more work is needed to reduce them further and level up with ours & according to the local wages,in the case of the old age pensioners SHOULD BE SUPPLIED FREE OF CHRAGE, if and only if Malta still boosts of being a rich country,after all you people make enough out of us British residents.
Joe Mangion
Jul 2nd 2010, 13:13
Do we owe a thank you to medicine importers or the government. This is a simple and clear admission that consumers like myself have been overcharged without anybody lifting a finger. I have been taking Fosamx tablets for a long time. They have now gone down from 47.08 euros to 32.60 euros. Who will refund me the difference? GRTU, plse speak out as the overcharging that has been going on for all these years amount to nothing more that theft.
Christina Borg
Jul 2nd 2010, 15:49
How many years exactly?! Fosamax should only be taken for a maximum of 5 years - after which they will provide no added benefit!
These drugs are largely used by the maltese population and sadly it is not just you who has been overcharged! But we are finally seeing some changes - hopefully in the future things will keep improving!
Introducing health insurances as mandatory should definitely help this! Insurances would then only pay for drugs when the price is correct in comparison to foreign prices and importers will stop over charging! The use of generics should also be promoted much more by all healthcare professionals!
A.Grech
Jul 2nd 2010, 13:07
How about the Government buying some ZOKOR from reduced prices for its Gozo General Hospital. It has been Out of stock for app. 2 months.
eric psaila
Jul 2nd 2010, 12:54
I dare ask a silly question.
Are the importers going to subsidise the health care system or were their profits so high?
If it is the latter it sheer scandalous to make so much profits over sick people.
Silvio Meli
Jul 2nd 2010, 13:30
Hehe...guess! Just did a quick Google search for one of the medicines (Lipitor®) and found that a generic (same chemical compound, different "brand") can be bought from India in batches of 180 tablets @ $104.99. That translates to about $16 (EUR 20) per batch of 28.
Money money and nothing but money. I don't blame them (importers), they've got yachts to buy and Jaguars to drive...that warrants a certain profit, doesn't it?
J Schembri
Jul 2nd 2010, 14:45
It is more the importers subsidising the system and we will soon see them laying off people as their margins get less.
Moreover I just see products from 3-4 importers................far cry from LARGE NUMBER OF IMPORTERS.
D Vella
Jul 2nd 2010, 17:25
Dear Mr Meli, you do not need to search as far as India for generic Lipitor. Please ask your pharmacy for the ones that have been available in Malta for years. The prices are comparable to what you have quoted and manufactured in Europe... Where is the government's commitment to educate the patients about cheaper generic alternatives