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Tag Archives: medications

Aversi Medications Are Much Cheaper in Armenia

Absence of Domestic Production and Dependence on Imports Make Medications Expensive. The money ordinary citizens spend on medical services considerably exceeds the financial solvency of the average family in Georgia. This factor places a heavy burden on members of our society, especially the poor. Excessive tariffs on medications aggravate the …

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Countries with Major Ratio in Georgia’s Imports of Medications

In 2017, about 12 000 tons of medications were imported to Georgia. Total value of the imports exceeded 354 million USD. This is an unprecedented figure for Georgia, according to Geostat, national statistics service of Georgia. A major part of medications are imported in a packed form, while a small …

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Medication Exports Considerably Grow

In January-May 2017 exports rose by 28.6% year on year (up 223 million USD) and constituted 1 003 million USD, while imports rose by 10.8% (+287 million USD) and totaled 2 941 million USD. According to Ministry of Economy, in May 2016 exports rose by 25% (+43 million USD), while …

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Economy Ministry Predicts Export Growth

Economy Ministry Predicts Export Growth

Ministry of Economy predicts export growth based on the express data of Foreign Trade in January and regards, that export growth will significantly reduce negative impact and promotes economic growth. According to the ministry, the country received 55 million USD more comparing to the previous year. At that, agricultural products …

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July Records Slight Contraction in Price of Medications of Cardiology Group

The Healthcare Platform continues monitoring of medications of cardiology group as part of the Pharma Monitoring project. Jointly with the Association of Young Financiers and Businessmen (AYFB), the Healthcare Platform has explored 19 medications and identified that in July, as compared to June, the price of medications of cardiology group …

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PMCG: Except Hepatitis C Medications, Import Declined by 10.6%

In the first half of 2016, compared to the corresponding period of the previous year, the volume of exports reduced (-5.7%) overall with the declines especially steep in the export of Ferro-alloys (-32.6%), motor cars (-24.5%) and medicaments (-24.4%). Without including medicaments for hepatitis C the volume of imports also decreased …

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Medications Top List of Georgia’s Major Import Items

In January-May 2016 medications ranked first in the list of Georgia’s major imports items with 748 million USD imports and 23% ratio in total portfolio. Oil and oil products rank second with 186 million USD imports and 6% ratio, according to the Geostat report. Motorcars rank third with 178 million USD …

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Medication Prices will Increase Inevitably without Legislative Amendments

The Association of Young Financiers and Businessmen (AYFB), jointly with the Healthcare Platform nongovernmental organization, has published the April report for the Panaskerteli Index. The report shows that in April the Panaskerteli Index decreased slightly by 0.3 points to 11.7 point. In whole, prices declined on 16 medications and increased …

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Price of Family First Aid Kit Totaled 173 GEL in March

Family First Aid Kit

The HealthCare Platform has finished defining the list and prices of medications required for the family medicine cabinet. The examination work was carried out as part of the Panaskerteli Pharma monitoring campaign. After exploration of a minimum set of medications for the categories of babies, children, first medical aid, the …

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Nana Keinishvili: Every Legal Effort for Lowering Medication Prices is Acceptable

medications

Medication prices are declining on the Georgian pharmaceutical market over the past four months. The recent report of the Panaskeretli Index proves this tendency too. Moreover, almost all major pharmacy networks have confirmed medication prices are decreasing in their chains. Parliament majority MP Nana Keinishvili comments on medication prices reduction …

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Pharmacy Networks Lower Medication Prices

Three leading pharmacy networks PSP, Aversi and PharmaDepot have considerably lowered prices on several hundreds of most in-demand medications as a result of the strengthened national currency exchange rate. If the GEL exchange rate growth tendency is maintained, PharmaDepot network will keep lowering medication prices. The PSP management pledges to …

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