The wave of price increases has also affected medications! The rate of increase is striking.

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The Euro exchange rate used in drug pricing has been increased from 17.5483 lira to 21.6721 lira with a 23.5% increase. The new pricing will be reflected in drug costs as of October 25.

A decision regarding the amendment of the Pricing of Human Medicinal Products has been published in the Official Gazette.

Accordingly, the value of 1 (one) Euro to be used in the pricing of human medicinal products in Turkish Lira will be increased by 23.5% in October 2024, setting the new periodic Euro value at 21.6721 TL.

The change in the Euro exchange rate used in drug pricing over the years:

With the decision, the threshold value applied to price-protected products has also been updated to match the increase in the Euro exchange rate. The threshold value for price-protected products is 74.72 TL, while for other products it is 39.05 TL. This decision will come into effect on October 25, 2024.