oa SA Pharmaceutical Journal - Overview of the Single Exit Price Adjustment Process : forum
|Article Title||Overview of the Single Exit Price Adjustment Process : forum|
|© Publisher:||Medpharm Publications|
|Journal||SA Pharmaceutical Journal|
|Publication Date||May 2014|
|Pages||49 - 51|
The pronouncement of the Regulations relating to the transparent pricing system for medicines and scheduled substances (Medicines and Related Substances Act 101 of 1965 as amended), introduced a Single Exit Price (SEP) for medicines in August 2004. The SEP is the price at which a manufacturer must sell to all pharmacies, irrespective of volume sold. The introduction of the single exit price ensured that no person shall supply any medicine according to a bonus system, rebate system or any other incentive scheme including sampling of medicines.
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