New decree of the Cabinet of Ministers of Azerbaijan Republic on “Rules on regulation and monitoring of prices on state registered medicines” (“Rules”).
3 June 2015
Tariff Council defined the prices of state registered medicines
The decree of the Cabinet of Ministers of Azerbaijan #209, dated 3
June 2015 approved the “Rules on regulation and monitoring of
prices on state registered medicines” (“Rules”).
Under the Rules, wholesale and retail prices of state registered
medicines will be defined by the Tariff Council of Azerbaijan with
consideration of the basic prices. The basic prices will be
determined with consideration of official sale prices to wholesale
chemistries in reference countries. The Tariff Council will select at
least five reference countries on an annual basis.
Information used by the Tariff Council in defining the prices must
be published on the web site thereof. Control over retail prices of
medicines will be conducted by the Ministry of Economy and
Industry of Azerbaijan.