The Information Office of the Ministry of Public health issued the following statement:

The Ministry of Public Health published on its website the new drug price list that showed a price drop of more than 330 drugs by as much as 76% and an average of 21% according to the memoranda and decisions issued on 2018 on the drug pricing mechanism. More than 70 generic drugs will see a cost reduction over the next month, after 299 generic drugs experienced a price drop last December.

According to the memoranda issued on 2018, the ministry expects to review the prices of around 3,400 drugs over the course of 2019.

For more information on the list of drugs that saw a cost reduction by more than 50%, see the link below:List of Drugs Prices Reduced from 17 January till 1 February 2019