Further pharma price cuts in Hungary, with 348 medicines down average 8.3%

In Hungary, the price of 348 medicines dropped an average of 8.3% effective May 1. According to the Ministry of Health, the continuous price reductions on the Hungarian pharmaceutical market are as a result of the Pharmaeconomic Act which was introduced in January (Marketletters passim).

In the case of 34 drugs the price reduction exceeded 20%, while 70 medicines saw their prices drop more than 10%. The changes affected antacids, anti-diabetics, antihypertensive and cardiovascular medicines, antibiotics, certain anti-inflammatory drugs and antidepressants.

First time drug spending kept under control since fall of Communism