ARMENIAN GOVERNMENT TO TIGHTEN GRIP UPON MEDICAMENTS

YEREVAN, March 26. /ARKA/. Armenia’s government gave today its approval
to amendments to the law on medicaments and other related law.

Health Minister Armen Muradyan said the current law was adopted yet
in 1998 and now it is in need of amendment to be in tune with modern
approaches.

Muradyan said.

In his words, the amendments also imply bigger administrative fines
for breaching the law.

Under the amended law, Armenian pharmaceutical industry will be
brought to conformity with international standards, and this will
allow local producers to enter international markets.

Muradyan said that mechanisms of governmental control over price-making
process are implied here as well.

In particular, he said, there are medicaments that are sold in the
Eurasian Economic Union member countries at lower prices, and a way
will be found for making them available in Armenia’s territory.

Muradyan said.

Speaking about the lack of some medicaments in Armenia, the minister
said that 5,400 varieties of medicaments are registered now in the
country, and this exceeds the basic package of medicaments 2.5 times.

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