Gulf cmte for drug registration discusses reducing prices

KUWAIT, March 28 (KUNA) — The Gulf Central Committee for Drug Registration discussed during its meeting on Monday measures taken by member states to reduce medicine prices in GCC countries.
Addressing the meeting, Dr. Omar el-Sayed Omar, a senior official at Ministry of Health, said GCC health ministries pay much attention to the committee as a main priority of Gulf unified programs.
Pricing of medicines, affiliated with the central office for registration, is a constant dynamic unit, he said, adding that a full implementation of program of pricing medicines will have a positive impact on health facilities and raise services levels in GCC member states.
Unit of pricing of medicine has been working, since its establishment, on unifying prices of imported types during previous meetings, he added, noting that the four-day meeting discusses unifying prices of some innovative cosmetics.
He said it also deals with some medical preparations, indicating that unifying prices will be implemented on some medicines provided by registered companies in GCC countries.
Prices of about 200 medicines were reduced between 5 and 80 percent in the first phase, while the rest will witness a decrease in the second phase, he made clear. (end)