Farmak, a national pharmaceutical manufacturer, has signed a Memorandum of Understanding with the Ministry of Health of Ukraine. This document stipulates retention of wholesale prices for insulin preparations fixed as of 01 January 2014.
The Memorandum was signed by Oleg Musiy, Minister of Health of Ukraine, and the authorized representatives of 5 insulin manufacturers.
The document also envisages that the pharmaceutical manufacturers will ensure production and supply of a wide range of insulin preparations at the domestic pharmaceutical market, timely and full satisfaction of demand for such pharmaceutical products; cooperate in reducing the cost of such medicines for the public by aligning pharmacy prices with wholesale prices of manufacturers and suppliers, as well as ensure the formation of a transparent competitive environment based on compliance with the antitrust legislation.
In turn, the MOH undertakes to engage representatives of pharmaceutical public organizations in the preparation of draft Government decisions on state regulation of insulin prices by setting a threshold level of wholesale prices for these preparations based on comparative (reference) prices and the introduction of a cost reimbursement system, as well as development and conduct (by 01 September 2014) of a public discussion of these projects, and publication of threshold levels of wholesale prices for insulin preparations by 01 January 2015.
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Each city or town has its own traditions. We follow the old and develop the new ones ourselves. It has become a good tradition for Farmak to congratulate Shostka on its Town Day in a sporty way. The anniversary race “Farmak: Run for Your Health” has been held by the Company for the fifth time. […]
The 5th anniversary race organized by Farmak on the occasion of Shostka Town Day will be held with the support of the local authorities in an offline format under the motto “Run a race and take care of your health!” The race will take place on September 3 in Shostka as part of the celebration of […]