Monday, May 30, 2016

Asthma inhalers get 50 per cent price cut

Eleven medicines, including Ventolin inhalers used by asthma sufferers, have gone down in price recently, Consumer Affairs Minister Helena Dalli said today. Price reductions varied between 8 per cent and 67 per cent. Ventolin inhalers have had their price slashed in half, from €6.34 to €3.15.  Dermovate, a skincare ointment, has gone down in price from €6.19 to €2.05.  Pharmaceuticals used for heart conditions, urinary tract infections, fungal infections, depression and hypertension have also had their price slash. A full list of medicines subject to price reductions can be seen in the attachment posted to the bottom of this story.  The Consumer Affairs Ministry also announced a list of new generic medicines being made available in Malta for the first time. These include Lemilvo, which will now be available for €34.92. Its branded alternative costs €223.44.  Dr Dalli today toured Aurobindo Malta's high-tech facility today. The company invested €6 million locally in 2015, its managing director Frederick Schembri said, and has plans to release several new pharmaceutical products in 2017. 

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