The Ministry of Health has said that the prices of drugs in Oman are unified and approved by the Gulf Pricing Committee. Prices are fixed after monitoring the rates of similar drugs in more 30 countries with market conditions that of the GCC.
A citizen had complained that the price of a drug he buys in Oman is much higher compared to for what rate it is sold in other GCC countries.
Hilal bin Saud al-Yaqoubi told the Ministry of Health via Twitter that he was buying a drug worth more than RO15 , but he bought it from outside the Sultanate for just RO1.5.
The ministry added that the reason for the decline in the prices of some medicines in some countries is because large pharmaceutical companies have set up factories there because of the population density that bring in more sales volumes. Apart from government concessions offered for setting up factories, these companies also save costs on shipping, insurance and local transport/
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