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Georgia Proposes Creation of State Pharmaceutical Plant

To Reduce Drug Prices

In Georgia, alongside the initiative to create a state bank, a proposal has been put forward to open a state pharmaceutical plant. The initiative was put forward by representatives of the "European Socialists" party, emphasizing that the project aims to produce high-quality and safe drugs at an affordable price with state guarantees.

The authors of the idea note that it is not about forming a state network of pharmacies. According to MP Vladimir Bojadze, despite the established "price ceiling" on more than 7,000 drug names, the problem of high drug costs remains acute.

Image source: geworld.ge

It is assumed that the company's activities will not be focused on making a profit, but the main task will be to provide the population with affordable drugs and strengthen the role of the state in regulating the pharmaceutical market.