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08 September 2010

PSF urges consumers not to panic

Recent reports in the media about 'exorbitant fees' to be added to the price of medicines are largely unfounded.

Recent reports in the media about 'exorbitant fees' to be added to the price of medicines are largely unfounded. When the facts are examined, it becomes clear that the recently published draft regulations do in fact introduce transparency and fairness to the dispensing fee that may be charged by pharmacists.

In 2004, the introduction of the Single Exit Price (SEP) regulated the cost price of medicine, so that all pharmacists paid the same price for medicines, and no discounting was permitted. In effect, the SEP reduced the cost price of medicine significantly, and brought transparency to the price that could be charged by manufacturers and wholesalers.

 
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