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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

Amaryl® 1mg

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

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41 Comments

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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?

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.

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.

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!

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

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