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DUBAI – Prices of 115 generic drugs for chronic diseases such as diabetes and heart diseases have been reduced by up to 30 per cent.
The Ministry of Health has announced that the new price cuts ranging between 5 to 30 per cent will be applicable from January 1, 2012. Prices of 565 innovative and vital drugs were also reduced by up to 55 per cent in September 1.
Dr Amin Al Amiri, Assistant Undersecretary for Medical Practices and Licensing at the ministry said that 15 international, local and Arab companies had voluntarily participated in the price reductions.
“This reduction will help poor patients in need of medication, especially those suffering from chronic diseases,” he said. He also said that in the near future, the UAE would offer the lowest priced medicines in the region.
Medicines for acne, anti-depressants, histamines, hypertension, diabetes and asthma will be available at lower costs. A cancer drug Anzatax currently available for Dh2,599 for a 50 ml vial will cost Dh1,819 after the price cut. Also, a 5-litre bottle of dialysis liquid will cost Dh30.50 instead of Dh34.
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