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The World Health Organization has announced a scheme to reduce the "overly expensive" price of insulin, BNR reported, citing the BBC. The UN agency wants pharmaceutical companies to produce generic versions of the insulin that it will then test.
Since its discovery in 1923, in America, the price of insulin has risen from $ 1 per vial to about $ 300.
About 20 million people are suffering from type 1 diabetes and need regular insulin injections in order to live a normal life, according to WHO. 54 million people globally have type 2 diabetes and use insulin only in critical cases.
Once the generic version passes the safety tests, it will be introduced to the global market at a lower price, driving down the price of the drug.
The WHO has successfully implemented similar schemes in the past, most notably antiretroviral drugs in 2001.
From Monday to Wednesday this week, the National Revenue Agency (NRA) received more than 1,000 complaints regarding unjustified price hikes
European natural gas prices dropped sharply on Tuesday, with early trading showing a decline of nearly 6% to €27.30 per megawatt-hour, reflecting abundant global supplies
The municipal carrier Burgasbus has denied any violation of the Euro Introduction Act following an inspection by the National Revenue Agency (NRA), which noted a 4 percent increase in the price of tickets purchased in cash on board the buses
From today, January 1, 2026, natural gas in Bulgaria becomes 3.3 percent cheaper, with the new price set at 31.15 euros, or approximately 61 leva, per megawatt-hour,
Bulgargaz has submitted a proposal for the price of natural gas in January, setting it at 60.93 BGN per MWh, which equals 31.15 EUR per MWh, excluding charges for access, transmission, excise duties, and VAT.
For yet another winter, Bulgaria’s leading ski resorts continue to rank among Europe’s most affordable mountain destinations. Borovets and Bansko again place in the top five cheapest resorts on the continent, drawing attention as the new ski season approa
Health experts in Bulgaria are advocating for the introduction of a tax on sweetened soft drinks as part of a broader effort to curb non-communicable diseases.
Bulgaria is entering a phase of a nationwide flu outbreak, with further spread expected over the coming two weeks, Chief State Health Inspector Assoc. Prof. Angel Kunchev warned during a briefing in Varna
Bulgaria is seeing a rise in flu cases, prompting discussions about expanding online learning in affected regions. Outgoing Minister of Education Krasimir Valchev stated that while a full flu epidemic has not yet been declared outside Varna
The Regional Health Inspectorate in Varna has proposed declaring a flu epidemic in the region starting January 14
The Commission for the Protection of Competition (CPC) recently held discussions with representatives of the Bulgarian Association of Wholesale and Retail Drug Traders (BATEDL) and the Association of Research-Based Pharmaceutical Manufacturers in Bulgaria
Bulgaria is set to make vaccination against chickenpox compulsory starting this July. The new ordinance on immunizations, published in today’s “State Gazette,” stipulates that the vaccine will be provided free of charge
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