|Medical news of Remedium.ru portal is the most update information on pharmaceutical and medical equipment market|
Home / News
Russian prosecutors warn pharm cos over prices exceeding caps
The Prosecutor General's Office has issued a warning to pharmaceutical distributors Protek, Biotek, and SIA International, urging them not to exceed price caps.
The prosecutors said the companies had exceeded the caps on wholesale markups for drug prices set by regional governments.
The report comes after a government ruling seeking to tighten the regulation of drug prices and introduce penalties for failing to comply with price caps. The ruling is scheduled to come into effect on March 1, 2010.
Under the current system, authorities set caps on drug prices, but they are difficult to enforce.