Oman cuts prices of 290 medicines by 22.4% on average

Muscat: The Ministry of Health (MoH) reduced the prices of 290 medicines as part of its periodic review of pharmaceutical prices, with cuts reaching 88.09 per cent.

The reductions, carried out through the efforts of the Drug Safety Centre, range from 0.04 per cent to 88.09 per cent, with the average reduction reported at 22.4 per cent.

The move is aimed at easing the financial burden on patients and ensuring greater access to medicines at more affordable prices.

The periodic review of medicine prices forms part of the ministry's efforts to enhance the affordability of treatment while maintaining the availability of medicines in the Sultanate of Oman.