The
Pharmaceutical Pricing Unit is one of the functional units within the
Directorate for Pharmaceutical Affairs.
The
Pricing Unit is responsible for:
Ø Contributing to fair pricing of
medicines in the Government Health Services;
Ø Calculating the Maximum Reference
Price (MRP), External Reference Price (ERP) and Guidance Reference Price (GRP)
according to the internal Standard Operating Procedure.
Pricing computations are performed within this
unit to assist and serve as a reference price control during the procurement
process of all the medicines, and also included in the process of
internal studies conducted for the purposes of Health Technology Assessments of
new medicines proposed for introduction onto the Government Formulary List. Research
of medicine prices is conducted from a basket of EU countries falling
within the bracket of +/-20 percentage points of Malta’s Gross Domestic Product
(GDP) per capita in Purchasing Power Standards (PPS) using EUROSTAT figures,
together with the UK price.