A study comparing the retail drug prices between Northern Malaysia and Australia

Mohamed Azmi Hassali, Asrul Akmal Shafie, Zaheer Ud Din Babar, Tahir Mehmood Khan

Research output: Contribution to journalArticle

9 Citations (Scopus)

Abstract

Objectives The current study aims to compare the retail prices of the 10 most prescribed drugs in Northern Malaysia and Australia. Methods A cross-sectional study was conducted to compare the retail prices of the 10 most used prescription medications in Penang, Malaysia, with the retail prices of the same drugs in Australia. Data collection was done using a standard form. Percentage difference was calculated using simple mathematical formulae in Microsoft Excel. Key findings Findings demonstrate that the mean retail drug prices in Penang, Malaysia, were 30.30-148.28% higher than the mean retail prices in Australia. In addition, variation between retail prices was also noticed between pharmacies in Penang, with a difference between highest and lowest of 80%. Conclusion Malaysia has average higher retail prescription drug prices compared to Australia due to the lack of pharmaceutical market regulation, which could impose limits on prices, profits and total spending on pharmaceuticals.

Original languageEnglish
Pages (from-to)103-107
Number of pages5
JournalJournal of Pharmaceutical Health Services Research
Volume3
Issue number2
Early online date22 Feb 2012
DOIs
Publication statusPublished - 1 Jun 2012
Externally publishedYes

Fingerprint

Malaysia
Pharmaceutical Preparations
Prescription Drugs
Retail prices
Drugs
Retail
Pharmacies
Prescriptions
Cross-Sectional Studies

Cite this

Hassali, Mohamed Azmi ; Shafie, Asrul Akmal ; Babar, Zaheer Ud Din ; Khan, Tahir Mehmood. / A study comparing the retail drug prices between Northern Malaysia and Australia. In: Journal of Pharmaceutical Health Services Research. 2012 ; Vol. 3, No. 2. pp. 103-107.
@article{049de117c8074f58b881127c199057ba,
title = "A study comparing the retail drug prices between Northern Malaysia and Australia",
abstract = "Objectives The current study aims to compare the retail prices of the 10 most prescribed drugs in Northern Malaysia and Australia. Methods A cross-sectional study was conducted to compare the retail prices of the 10 most used prescription medications in Penang, Malaysia, with the retail prices of the same drugs in Australia. Data collection was done using a standard form. Percentage difference was calculated using simple mathematical formulae in Microsoft Excel. Key findings Findings demonstrate that the mean retail drug prices in Penang, Malaysia, were 30.30-148.28{\%} higher than the mean retail prices in Australia. In addition, variation between retail prices was also noticed between pharmacies in Penang, with a difference between highest and lowest of 80{\%}. Conclusion Malaysia has average higher retail prescription drug prices compared to Australia due to the lack of pharmaceutical market regulation, which could impose limits on prices, profits and total spending on pharmaceuticals.",
keywords = "Australia, Comparison, Malaysia, Retail prescription price",
author = "Hassali, {Mohamed Azmi} and Shafie, {Asrul Akmal} and Babar, {Zaheer Ud Din} and Khan, {Tahir Mehmood}",
year = "2012",
month = "6",
day = "1",
doi = "10.1111/j.1759-8893.2011.00080.x",
language = "English",
volume = "3",
pages = "103--107",
journal = "Journal of Pharmaceutical Health Services Research",
issn = "1759-8885",
publisher = "John Wiley and Sons Ltd",
number = "2",

}

A study comparing the retail drug prices between Northern Malaysia and Australia. / Hassali, Mohamed Azmi; Shafie, Asrul Akmal; Babar, Zaheer Ud Din; Khan, Tahir Mehmood.

In: Journal of Pharmaceutical Health Services Research, Vol. 3, No. 2, 01.06.2012, p. 103-107.

Research output: Contribution to journalArticle

TY - JOUR

T1 - A study comparing the retail drug prices between Northern Malaysia and Australia

AU - Hassali, Mohamed Azmi

AU - Shafie, Asrul Akmal

AU - Babar, Zaheer Ud Din

AU - Khan, Tahir Mehmood

PY - 2012/6/1

Y1 - 2012/6/1

N2 - Objectives The current study aims to compare the retail prices of the 10 most prescribed drugs in Northern Malaysia and Australia. Methods A cross-sectional study was conducted to compare the retail prices of the 10 most used prescription medications in Penang, Malaysia, with the retail prices of the same drugs in Australia. Data collection was done using a standard form. Percentage difference was calculated using simple mathematical formulae in Microsoft Excel. Key findings Findings demonstrate that the mean retail drug prices in Penang, Malaysia, were 30.30-148.28% higher than the mean retail prices in Australia. In addition, variation between retail prices was also noticed between pharmacies in Penang, with a difference between highest and lowest of 80%. Conclusion Malaysia has average higher retail prescription drug prices compared to Australia due to the lack of pharmaceutical market regulation, which could impose limits on prices, profits and total spending on pharmaceuticals.

AB - Objectives The current study aims to compare the retail prices of the 10 most prescribed drugs in Northern Malaysia and Australia. Methods A cross-sectional study was conducted to compare the retail prices of the 10 most used prescription medications in Penang, Malaysia, with the retail prices of the same drugs in Australia. Data collection was done using a standard form. Percentage difference was calculated using simple mathematical formulae in Microsoft Excel. Key findings Findings demonstrate that the mean retail drug prices in Penang, Malaysia, were 30.30-148.28% higher than the mean retail prices in Australia. In addition, variation between retail prices was also noticed between pharmacies in Penang, with a difference between highest and lowest of 80%. Conclusion Malaysia has average higher retail prescription drug prices compared to Australia due to the lack of pharmaceutical market regulation, which could impose limits on prices, profits and total spending on pharmaceuticals.

KW - Australia

KW - Comparison

KW - Malaysia

KW - Retail prescription price

UR - http://www.scopus.com/inward/record.url?scp=84860668917&partnerID=8YFLogxK

U2 - 10.1111/j.1759-8893.2011.00080.x

DO - 10.1111/j.1759-8893.2011.00080.x

M3 - Article

VL - 3

SP - 103

EP - 107

JO - Journal of Pharmaceutical Health Services Research

JF - Journal of Pharmaceutical Health Services Research

SN - 1759-8885

IS - 2

ER -