Bahrain pharmas given deadline to implement pricing
MANAMA, September 2, 2014
Several pharmacies in Bahrain have violated a decision to implement the unified pricing structure for the third batch of medicines which came into effect yesterday (September 1).
The move is part of a GCC-wide medicine price standardisation policy announced in August last year, said a report in the Gulf Daily News (GDN), our sister publication.
National Health Regulatory Authority chief executive Dr Baha Eldin Al Fateha said an inspection campaign was launched yesterday covering 149 pharmacies, most of which didn’t put the new price tags.
Owners of these pharmacies have been given 24 hours to correct the violations, or else they will face action, Dr Fateha said.
A decision to reduce prices of more than 560 medicines and respiratory disease medicines came into force yesterday. - TradeArabia News Service