Thailand Expands Free Essential Medicines List Amid New Initiatives

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Thailand's Deputy Prime Minister Prasert Jantararuangtong announced an exciting development yesterday: over 20 new drugs have been added to the national list of essential medicines. This list ensures that essential treatments—such as injectable drugs for severe psychiatric conditions, smoking cessation aids, and abortion drugs within legal limits—remain free for patients in need. This expansion is part of a broader strategy to increase access to crucial medications and promote public health across the nation.

 

In addition to boosting availability, the National Drug System Development Committee revealed the new median pricing for 53 drugs, poised to save the government approximately 170 million baht. This strategic pricing adjustment reflects a concerted effort to manage healthcare costs effectively while maximising benefits to the populace.

 

 

Furthermore, the committee unveiled a plan to accelerate Thailand's health product economy, setting the stage for increased investment in production. Focusing on biological medicines, herbal products, and cutting-edge medical devices, this policy aims to foster innovation and attract co-investment in the healthcare sector.

 

Prasert highlighted the high market potential for health products, particularly those supported by robust research and development. These include advanced medical tools, herbal extracts, and AI-enabled medical devices, showcasing Thailand's commitment to becoming a regional leader in health technology and services.

 

-- 2024-12-05