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As many as 410 similar drugs are set to become cheaper following a decree by Dr. Abdul Rahman bin Mohammed bin Nasser Al Owais, Minister of Health and Prevention.
The reduction of prices is in line with the government's directives to reduce the prices of services, and based on the ministry's keenness to provide medicines at competitive prices.
Accordingly, the Ministry of Health and Prevention held a meeting with the concerned companies to coordinate joint efforts to support patients and provide pharmaceutical services of high standards and quality at competitive prices.
It also aimed to foster the strategic partnership between MoHAP and the private pharmaceutical companies operating in the country and to lay out the foundations for the prior coordination for the implementation of this initiative. The initiative also provides wider options for patients to reduce the leakage of counterfeit medicines through online pharmacies and other unreliable sources.
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