كونا : Kuwait slashes prices of 544 drugs, medical products to 78.5 pct
LOC19:52
16:52 GMT
KUWAIT, Aug 11 (KUNA) -- Kuwaiti Minister of Health Ahmad Al-Awadhi on Monday made fresh decisions cutting the prices of 544 drugs and medical products by up to 78.5 percent.
The decisions included new quotations of 144 drugs and products to be sold at the lowest prices in the Gulf only out of the Ministry of Health's commitment to providing medicines at reasonable prices and attaining economic sustainability in the medical care sector, the ministry said in a press release.
The latest price cuts embrace cancer drugs, antibiotics and medications of diabetes, hypertension, cholesterol, asthma, arthritis, and skin and colon diseases.
The medicine pricelist reductions come in the context of a national policy and continued review of repricing drugs, promoting the economic efficiency of the health sector, and ensuring low medication costs for citizens and residents alike, the ministry added. (end) aa.mt
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Kuwait Times
17 hours ago
- Kuwait Times
Kuwait cuts prices on 544 medicines, weight loss drugs
KUWAIT: Kuwait has slashed prices on key weight-loss and diabetes medications starting Monday, cutting the cost of the injection 'Tirzepatide' (Mounjaro) by 30 percent following a ministerial decree issued in May. Alongside this, prices for the diabetes drug 'Wegovy' dropped 37.3 percent, and the obesity medication 'Saxenda' was reduced by 20.8 percent—major moves to ease costs for patients battling diabetes and obesity. In a wider effort to improve healthcare affordability, Kuwait's Ministry of Health announced on Monday that it has reduced and approved new prices for 544 medicines and pharmaceutical products, with discounts reaching up to 78.5 percent. The ministry said 144 of these medicines now carry prices among the lowest in the Gulf region. The price cuts cover essential drugs for a broad range of conditions, including cancer treatments, antibiotics, diabetes, blood pressure, cholesterol, asthma, and biologic therapies for chronic diseases like arthritis, skin disorders, and colon illnesses. These latest decisions are part of a national policy for continuous review and adjustment of drug prices to boost economic efficiency in healthcare and ensure treatments remain affordable for both citizens and residents. The ministry also said it will continue to monitor markets closely to regulate prices on essential medicines. Earlier this year, the ministry approved pricing adjustments on nearly 1,188 medicines and pharmaceutical products, underscoring a consistent, sustainable approach to healthcare cost management. This includes the May decree that initiated the Tirzepatide price cut, alongside other reductions made in March 2025 and July and May 2024. — KUNA
Arab Times
21 hours ago
- Arab Times
Affordable Healthcare Boost: 544 Medicines See Price Drop In Kuwait
11/08/2025 KUWAIT CITY, Aug 11: Kuwaiti Minister of Health Ahmad Al-Awadhi on Monday made fresh decisions cutting the prices of 544 drugs and medical products by up to 78.5 percent. The decisions included new quotations of 144 drugs and products to be sold at the lowest prices in the Gulf only out of the Ministry of Health's commitment to providing medicines at reasonable prices and attaining economic sustainability in the medical care sector, the ministry said in a press release. The latest price cuts embrace cancer drugs, antibiotics and medications of diabetes, hypertension, cholesterol, asthma, arthritis, and skin and colon diseases. The medicine price list reductions come in the context of a national policy and continued review of repricing drugs, promoting the economic efficiency of the health sector, and ensuring low medication costs for citizens and residents alike, the ministry added. (KUNA)
Kuwait News Agency
a day ago
- Kuwait News Agency
كونا : Kuwait slashes prices of 544 drugs, medical products to 78.5 pct
11/08/2025 LOC19:52 16:52 GMT KUWAIT, Aug 11 (KUNA) -- Kuwaiti Minister of Health Ahmad Al-Awadhi on Monday made fresh decisions cutting the prices of 544 drugs and medical products by up to 78.5 percent. The decisions included new quotations of 144 drugs and products to be sold at the lowest prices in the Gulf only out of the Ministry of Health's commitment to providing medicines at reasonable prices and attaining economic sustainability in the medical care sector, the ministry said in a press release. The latest price cuts embrace cancer drugs, antibiotics and medications of diabetes, hypertension, cholesterol, asthma, arthritis, and skin and colon diseases. The medicine pricelist reductions come in the context of a national policy and continued review of repricing drugs, promoting the economic efficiency of the health sector, and ensuring low medication costs for citizens and residents alike, the ministry added. (end)
