The Health Ministry hopes to come up with a comprehensive medicine price list by next year. — AFP
The debate rages on about how to put in place a price control mechanism to regulate drug prices to make medicines more affordable for Malaysians. Malaysia’s pharmaceutical market is dominated by prescription drugs that account for approximately 60% of the pharmaceutical market share by value.
As there is no price control mechanism for pharmaceuticals in Malaysia, drug prices are not regulated and it is left to market forces to determine the prices.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
