The Georgian government has signed a decree allowing Turkey to significantly expand its presence on the country's pharmaceutical market, Prime Minister Irakli Garibashvili said Monday.
The move will help reduce the prices of medicine on the Georgian market, as well as facilitate the inflow of high-quality drugs into the country.
“There is a considerable price difference between Georgia’s and Turkey’s medicines. For example, if the most demanded pharmaceutical drug costs 10 Georgian lari ($3.25), its price in Turkey comes at 1-2 Georgian lari ($0.32-0.64),” the PM said.
The PM asked Health Minister Zurab Azarashvili to put together a working team and launch joint studies among the relevant committees of Parliament, because legislative amendments will be needed to further reduce medicine prices.