CBW.ge Caucasian Business Week – Be informed, do business

Shifting patients from branded to less expensive generic medicines is an important way to contain health care costs. Yet the prices and prescription rates of generics vary widely across Europe, resulting in missed opportunities for cash-strapped health systems and patients. These are the findings of a study by researchers from the London …

The demand for  Georgian medicines on export markets increases. The share of medicines has reached 5.4% of total exports. According to “Geostat”, in January-July 2017, almost $ 78,621 million of medicines were exported to foreign markets. In January-July 2016, Georgia exported medicines worth of 54,348 million . Medications take fifth …

Georgian Healthcare Group revenues in the first half of 2017 made up 371mln GEL, while profits constituted 24.3mln GEL. The group’s profits rose by 44.9% year on year, while revenues rose by 112%. Profits marked 11mln GEL in 2Q17, while revenues amounted to 186mln GEL. GHG unites 35 hospitals and …