Analytical Survey - “Formation of Prices on Medicines in Ukraine”

The comprehensive analytical survey entitled “Formation of Prices on Medicines in Ukraine” prepared by Mr. Andriy Gorbatenko, Senior Associate of Legal Alliance Company, is expected to be published in the October editions of the Apteka weekly.  

The survey represents a full-scale analysis of the situation in the field of prices formation in the Ukrainian pharmaceutical market as well as a practical guide for action for the market participants, who face problems in the concerned area.

The survey reflects legal foundations for regulation of prices on medicines and issues related to the price regulating mechanism. A separate part of the survey is devoted to the issues of responsibility and sanctions for violations in the aforementioned field.

The author of the survey reviews in details and answers the following practical questions:

• How to determine the customs value?
• Whether the discounts allowed by the medicines manufacturers are taken into account when forming the wholesale prices?
• What are the legal opportunities to avoid regulation of prices on medicines?
• Whether or not drug stores bear responsibility for the accuracy of the purchase prices determination by wholesale traders?
• What are the procedures and terms of using sanctions?

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