Georgia reduced prices for the type 2 diabetes medications

| By | Georgia, Medicinal Drug Prices

The population of Georgia will be able to purchase a number of drugs for the treatment of diabetes at half price, according to David Sergeyenko, Health Minister.

We are talking about three drugs for type 2 diabetes mellitus – Metformin, Glimepiride, Gliclazide.

 “Insulin is required for diabetes type 1 , while for the type 2 – patient needs tablets. The price of drugs for diabetes of the second type was one of the largest burdens for the population,” informed Health Minister.

The Ministry of Health of Georgia has been carrying out a program to provide medicines since July 1, 2017. At the first stage, only socially vulnerable persons received free medicines. In 2018, the Ministry decided to expand this program.

“The project needs expansion, since the financial barrier is very high not only for socially vulnerable persons, but for pensioners and people with disabilities as well,” commented Mr. Sergeyenko.

According to him, this is the first time when prices for medicines have decreased not at the expense of financing from the state, but because of negotiations with pharmaceutical companies.

“This manifested itself in the fact that manufacturers have lowered prices significantly,” the minister said.

According to Sergeyenko, thanks to reduced prices for diabetes medications, the population will save 10 million laris a year (about 4 million dollars).