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 Demonopolization of pharma market to bring lower drug prices, - Hroisman

The Cabinet of Ministers' first decree has made the first step towards the implementation of a simplified mechanism of drug registration in Ukraine.

Censor.NET reports referring to Prime Minister Hroisman's Facebook.

"Without delay, the new government with its first decision has taken a step towards introducing a simplified drug registration mechanism in Ukraine. In particular, this decision regards pharmaceutical products which have already been certified in the U.S., the EU, Switzerland, Japan, Canada, and Australia. We trust these countries, and there is no need to do a long-term testing in Ukraine," Hroisman wrote.

According to him, Cabinet's approved immediate steps include shortening the term of examination of drugs, revising the limits of contracts as well as package requirements, so that medication cost for Ukrainians would be reduced.

Read more: "Cooperation plan with IMF is not Fund's plan but Ukraine's one and reforms that we must implement," - Hroisman

"Demonopolization and deregulation of the pharmaceutical market will make access of quality drugs to Ukraine's market easier, increase competition, eliminate corruption, and finally lead to reduction in prices. This is the path we will keep moving along," Hroisman summed summed up.
 
 
 
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