#Open journalism No news is bad news

Your contributions will help us continue to deliver the stories that are important to you

Support The Journal
Dublin: 17°C Thursday 23 September 2021
Advertisement

Irish pharmacy union doesn't believe pharmacies will jump to cheaper model

A pharmacy is Dundrum is promising to match drug prices in the North with a new scheme.

Image: Shane O'Sullivan via CAMEO Communications

THE IRISH PHARMACY union doesn’t believe that Irish pharmacies will change their model with the introduction of a new prescription scheme by a pharmacy in Dublin.

Healthwave in Dundrum Town Centre is now offering generic prescription drugs at Northern Ireland prices.

For an upfront fee of €25 a year, customers can avail of cheaper prices on generic drugs, under the pharmacy’s Health Pass Scheme.

The Irish Pharmacy Union represents over 2,000 pharmacies across the country.

Its director of communications, Jim Curran said “An ESRI Report published in June 2013 indicated that average prescription costs had fallen by approximately 30% between 2008 and 2012.”

He added that:

Today’s announcement is further evidence of the highly competitive nature of the Irish pharmacy market. This upfront membership fee model has also recently been seen in a couple of GP and dental practices. It remains to be seen whether the Healthwave model will be successful.

Shane O’Sullivan is the chief executive of the Dundrum pharmacy. He says people could save €500 a year through his pharmacy, with savings of between 50 and 80 per cent on medications.

O’Sullivan said:

Ireland is still one of the most expensive countries in the world to buy medicine, particularly prescription medication.

Healthwave charges  €4.95 for a 28-day supply of Atorvastatin, a generic cholesterol medication, which costs €10.42 in most pharmacies in the Republic and €5.99 in Newry.

Salbutamol inhalers, which are about €10, will cost €2.95.

The pharmacy launched this scheme last week and Shane says people have been travelling from Wexford and Tipperary to avail of it.

Generic drugs are more expensive in Ireland than the EU>

One third of people are not taking enough of their prescriptions to cure them>

Prescription drug usage on the rise among women>

About the author:

Read next:

COMMENTS (30)