Medicine importers pleased
about acceptable charges
By Julian Manduca
The official public announcement of the long awaited charges for registering
medicines is expected in the coming days, but already many in the trade
are aware of the fees that will be levied.
EU membership means upwards of 6,000 medicines currently imported will
have to be registered anew.
The registration fees will not be paid for by the importers, but buy
their suppliers, generally the manufacturers of the medicines, but there
was fear that should the fees be too high, the importation of some medicines
would be discontinued.
Importers have now learned that for medicines currently imported into
Malta the registration fee will be Lm50 and for any new products produced
with the EU, Lm230. The fee for medicines outside Malta remains uncertain,
although one importer believes it will run into several thousand liri.
The importers told The Malta Financial and Business Times that the registration
fees were acceptable, although they added: "besides the registration
fees, there will be charges for any changes in packaging."
A decision on the registration fees was promised one year ago, and had
led to speculation that the prices of some medicines might increase
substantially, or that some medicines would be discontinued.