Russian government takes steps to prevent further drug price increases

The Russian government is designing a number of measures aimed at preventing a further increase of drug prices in the domestic market, reports The Pharma Letter's local correspondent.

According to Russia’s Prime Minister Dmitry Medvedev, the current situation in the market remains complex, which is reflected by the ever-increasing drug prices, caused by currency fluctuations and other factors. Mr Medvedev has also said that the situation is aggravated by the ever growing prices for domestic drugs.

At the same time, according to Olga Golodets, Russia’s deputy Prime Minister, the government controls the current situation in the market, which is reflected by the fact that prices for essential drugs have increased by only 4% since the beginning of 2014.