Russian government to change mechanism for setting prices for essential drugs
The Russian government is considering changing the mechanism of setting prices for essential drugs in Russia, which foreign drugmakers fear will create administrative barriers.
According to DSM Group, one of Russia’s leading analytic agencies in the field of pharmaceuticals, at present essential drugs account for 31.1% of the overall Russian pharmaceutical market, with their prices regulated by the state.
According to the current scheme, the Ministry of Health registers maximum sale prices for drugs in Russia in coordination with the Federal Tariff Service, while regions set wholesale and retail markups.
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