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July 29, 2014
Monday, February 24, 2014

Kicillof reveals medicine price 'rollback'

Economy Minister Axel Kicillof has announced an accord with laboratories to roll back the prices of selected medications to the levels recorded on December 31 while granting permission for a four percent raise in costs.

The agreement will come into effect from March 1, the politician explained today in a press conference, in order to "give pharmacies time" to be able to update stocks and prices.

"After an arduous process we have come to an agreement on the price of medications thanks to the efforts of the industry," Kicillof asserted, following the announcement of a deal with several representatives in the sector including the CAEME, CILFA and COOPERALA chambers.

The minister added that under the terms of the accord, medicine prices "will continue to be monitored, following complaints from various consumers and pensioners' rights organisations of heavy increases in prices.

"Medications are not just part of the 'basic basket' [of consumer goods], they are a particularly sensitive sector because their consumption is essential," he pointed out.

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Tags:  Kicillof  medication  rollbacks  





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