PwC Moldova: Tax and Legal Alert no. 9/2015: New rules on medicine price formation
The Law regulating pharmaceutical activity has been amended to include new rules on medicine price formation.
In detail. Under the amendments, as of 1 October 2015 the 15% profitability requirement is removed from the delivery price of medicines manufactured by domestic producers.
A new mechanism has been established on the mark-up of medicines. The mark-up rates vary with the prices registered in the National catalogue of manufacturers’ prices for medicines. To this aim, medicines and other pharmaceutical products have been classified into five categories, according to their prices, with the following mark-up thresholds applicable to the delivery / acquisition price.
Read the full version in English and Romanian.
PricewaterhouseCoopers (PwC) Moldova
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