Economy Ministry: Georgian citizens have saved up to ₾43m following Turkish medicine imports

Georgian citizens have saved up to ₾43 million ($14.7m/€13.9m) on medicines since the opening of the Turkish pharmaceutical market and the import of medications from the country, the Georgian Economy Ministry announced on Thursday. 

The Ministry noted customers in Georgia paid about ​​₾19 million ($6.5m/€6.1m) in medications, instead of ₾62 million ($21.3m/€20.1m) since the launch of the Government initiative to lower costs on the local market by importing medicines from Turkey, with over 125,000 people purchasing Turkish-imported drugs.

• Health Minister: over 100,000 citizens bought Turkish-imported medicines in 2 months

Deputy Health Minister Ilia Gudushauri said more than 400 medicines were available on the country’s pharmacy market at a “significantly lower price” compared to costs before the initiative. 

He also noted monthly medication savings of a consumer amounted to ₾140 ($48/€45.5), noting a 60-80 percent reduction of the prices in the country.