OREANDA-NEWS. September 25, 2009. JSC "Grindeks" objects to the broadcasted information by "Neka Personiga" on TV3, on September 20, 2009, that the price of the Mildronate in Latvia is double compared to price in other countries.

"Grindeks" takes notice, that for Latvian market Mildronate 250mg 40 capsules packages are not produced. The TV broadcast absolutely inconsiderately compared the price for 40 capsules packages in Ukraine with the price for Mildronate 250mg 60 capsules packages in Latvia. This is the main factor, which makes the difference. The other factor - in Ukraine medications are not imposed by Value added tax (VAT), conversely for medication in Latvia are applied 10% VAT rate.

"Grindeks" informs, that Mildronate 250mg 40 capsules package declared sales price for the Ukraine market is 3,16 lats for the package, whereas for Latvian wholesalers - 4,45 lats for Mildronate 250mg 60 capsule package.

Comparing in such a way the price of one Mildronate capsule in Ukraine is 0,079 lats, but in Latvia is 0,074 lats.