Medicines and Related Substances Control Act, 1965 (Act No. 101 of 1965)RegulationsRegulations relating to a Transparent Pricing System for Medicines and Scheduled SubstancesAppendix A |
APPENDIX A
EXAMPLES OF THE MANNER IN WHICH THE WEIGHTED AVERAGE NET SELLING PRICE MUST BE CALCULATED
Calculation of the price for solid dosage form where this is available in different pack sizes
| Example 1: | 2 pack sizes (50 tablets and 500 tablets) of a 500 mg strength of a medicine |
Average 2003 price of 50 tablet pack = 50 Rands
Average 2003 price of 500 tablet pack = 300 Rands
2003 sales of 50 tablet pack = 100,000 packs
2003 sales of 500 tablet pack = 10,000 packs
Total 2003 discounts for 50 tablet pack sales in 2003 = 500,000 Rands
Total 2003 discounts for 500 tablet pack sales in 2003 = 200,000 Rands
The price of the unit is 0.73 Rand/500mg tablet
The price of the 50 tablet pack is 36.5 Rands
The price of the 500 tablet pack is 365 Rands
Calculation of the price for liquid dosage form where this is available In different pack sizes
| Example 2: | 2 pack sizes (1 25 ml bottle and a 500 ml bottle) of a 5mg/ml strength of a medicine |
Average 2003 price of 125ml bottle = 50 Rands
Average 2003 price of 500ml bottle = 150 Rands
2003 sales of 125 mi bottles = 10,000 bottles
2003 sales of 500 ml bottles = 5,000 bottles
Total 2003 discounts for sales of 125ml bottles in 2003 = 50,000 Rands
Total 2003 discounts for sales of 500ml bottles in 2003 = 75,000 Rands
The price of the unit is 0.3 Rand/ml
The price of the 125ml bottle is 37.5 Rands
The price of the 500 ml bottle is 150 Rands