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Healthcare and Social Direction Costs Increased by 50 Million

The budget of the capital city of 2019, ecological, healthcare and social direction expenses have increased significantly, – Tbilisi Mayor Kakha Kaladze said at today’s sitting of the municipality government. Kakha Kaladze talked about the future budget of the capital city, which was sent to Tbilisi City Assembly last week …

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Medical Tourism Market in Georgia sees 30% Growth

19,500 foreigners arrived in Georgia for medical purposes in the first 9 months of 2018, which is 30% more than in the same period of 2017. According to the head of the Tourism Association Nata Kvachantiradze, people arrive in Georgia for postoperative recovery and not only. “Medical tourism is one …

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Georgia Healthcare Group Receives Revenue of GEL 622.4

Georgia Healthcare Group PLC on Monday reported a rise in revenue and earnings for the first nine months of 2018 amid double-digit growth in all of its service businesses. The Georgian healthcare provider said earnings before interest, tax, deprecation and amortisation for the first nine months of 2018 rose 23% …

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Georgia To Cover 80% of Treatment Costs for All Stages of Breast Cancer

Based on the agreement between Ministry of Health and Roche company, besides patients with early stage of breast cancer (I, II, III), patients with IV-category breast cancer will be also able to use 80% discount program for buying corresponding medications. “The discount offer from the manufacturer has enabled to involve …

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Pharmaceutical Market Insight from Experto Consulting

Short overview of the current situation, main players and the opportunities of the Georgian Pharmaceutical Sector Georgian pharmaceutical sector is a dynamic, rapidly growing market benefiting from an easy business environment. Since 2010, the pharmaceutical product registration procedures have been greatly simplified with Seven-day recognition registration procedure in case when …

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One of the Most Expensive Directions of Medical Business – Surrogacy

Official statistics do not exist about children born through “in vitro fertilization” (surrogacy) in Georgia, but if you believe clinics, Georgian and foreign stakeholders often use this service.   The cost of surrogate mother service in Georgia starts from $ 10 to $ 15,000. As the practice demonstrates, the costs for …

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Price of Medications for Second-Type Diabetes Halves

Starting August 13 the program for provision of medications for chronic illness has been expanded, the Health Ministry officials told BM.GE. Objective of the program expansion is to reduce the price of medications for chronic illness twice and more for pensioners and PWDs. “The program for provision of medications was …

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Profits Margin at Some Pharmaceutical Companies Makes up 1000%

“Some pharmaceutical companies have set 1000% profits margin”, Akaki Zoidze, head of the parliament’s health committee told Business Course TV program. If the government imposes certain direct regulations on a certain category of medications, this will not ruin our business sector, Zoidze said.  “If their profits margin shrink to 100%, …

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Big Achievements of Doctors TV Show

It’s been almost 4 years since the medical TV talk-show The Doctors has appeared on Georgian television. Launched by Rustavi 2, the famous broadcasting company and later aired by another major TV channel, IMEDI, the show is still the most favorite medical program in Georgia. Lika Kharebashvili, producer of The …

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