Navigation Links
Thailand Directs Pharma Companies to Declare Production Cost of Drugs

Pharmaceutical companies will be required to declare the production cost of new medicines, including antiretroviral drugs, they are planning to introduce// into the Thai market, Siriwat Thiptaradol, secretary-general of Thailand's Food and Drug Administration, said recently, the Bangkok Post reports.

According to Siriwat, the requirement to disclose production costs of drugs is included in a new bill being considered by the Office of the Council of States. The bill aims to seek a balance between the interests of patent holders and the public, Siriwat said. He added that although it might affect drug sales to some degree, the law would not prompt drug companies to withhold introducing new drugs into the county as Abbott Laboratories did recently.

According to the Post, health officials also will monitor the marketing and promotional tactics of pharmaceutical companies, which can increase drug prices. "Drugs are a special product, and the FDA has a duty to ease the problems of drug access while protecting consumers' rights," Siriwat said, adding, "In the meantime, we also have to ensure the move will not severely hurt the benefits of drug companies".

Thailand's Ministry of Public Health also recently announced that the country will seek to import from India a generic version of the antiretroviral Aluvia, an updated version of Kaletra.

The announcement was made after Abbott's decision to withhold the introduction of new drugs, including Aluvia, to the country, according to an unnamed source with the health ministry.

Thai authorities might receive some cooperation from international organizations to negotiate the price of Aluvia to ensure it will be affordable for people living with HIV/AIDS in the country, the source said. The generic version of Aluvia costs about 4,000 baht, or $124, monthly, but generic drug makers could reduce the price to less than 2,000 baht, or $62, monthly to compete with the price of Kaletra offered by Abbott, according to Virat Poorahong, head of the Thai Network of People Living With HIV/AIDS.

Source-Kaiser Family Foundation/B

Related medicine news :

1. Thailand had Fewer AIDS-Related Deaths, New HIV Cases In 2005
2. Botulism Scare in Thailand Shakes US
3. Thailand To Procure Botulism Antitoxin Internationally
4. Thailand To Test Efficacy Of Stem Cell Technology
5. Thailand to Explore Stem Cell Technology for Treatment of Heart Disease
6. People In Thailand Not Bothered About Bird Flu
7. Thailand Tops in Rare Type of Cancer
8. Bird Flu in Thailand Suspected to be H5N1 Strain
9. Forty-Six Suspected Bird Flu Cases In Thailand
10. Screening of bird flu patients by pharmacies in Thailand
11. Thailand May Seek Help Of Pharmacies For Screening Bird Flu
Post Your Comments:

(Date:12/1/2015)... ME (PRWEB) , ... December 01, 2015 , ... Royal ... reports a new study that found post-menopausal women who took the nutritional supplement creatine, ... than women who trained but did not take creatine. , The report is part ...
(Date:12/1/2015)... ... ... is the first health care provider in the region to offer the vBloc® Therapy ... vagal blocking therapy, delivered via the Maestro® System, for the treatment of adult patients over ... to 45 kg, or a BMI of at least 35 to 39.9 kg with a ...
(Date:12/1/2015)... , ... December 01, 2015 , ... ... oncology and hematology continuing medical education (CME), today announced that the first annual ... Hyatt New York. , “The prevention, detection and treatment of gastrointestinal cancers are ...
(Date:12/1/2015)... ... December 01, 2015 , ... Califia Farms , ... that its iconic bottle has won top honors in Beverage World Magazine’s Global Packaging ... also announced that it has been selected as a 2015 U.S.A. Taste Champion in ...
(Date:12/1/2015)... , ... December 01, 2015 , ... ... there are professionals who believe that with innovative technologies and under the right ... patient to get the benefit of a dual-approach to his or her therapeutic ...
Breaking Medicine News(10 mins):
(Date:12/1/2015)... 2015  Athletic apparel company Tommie Copper ... pay $1.35 million to settle Federal Trade Commission ... compression clothing would relieve severe and chronic pain ... Tommie Copper,s proposed settlement ... its founder and chairman Thomas Kallish ...
(Date:12/1/2015)... and PITTSBURGH , Dec. ... announced that it expects to be the first to ... funded by international donors, TLE400 (Tenofovir Disoproxyl Fumarate 300 ... for $99 per patient, per year. Mylan partnered with ... The significantly reduced price could generate savings of tens ...
(Date:12/1/2015)... Virginia , 1 de diciembre de ... en tecnología para cuchillas de precisión, develó ... programa de identidad de marca. El nuevo ... el diseño y la ingeniería de productos ... la diferencia". ...
Breaking Medicine Technology: