Cyprus Proposal to Reduce Drug Costs in the EU
October 30, 2024
The Cypriot Ministry of Health is working to curb the rising costs of new and innovative drugs to ensure the sustainability of the General Health System. A central proposal is the introduction of joint tenders by EU member states, which is set to be presented by the Minister of Health at the EU Health Ministers' Council. This proposal seems to be gaining support from several countries, including Malta and Greece. Statistics show that Cyprus has experienced a significant increase in spending on specialized treatments in recent years.