SME Chamber President meets MDB Officials
22 April 2024
Malta Chamber of SMEs President Mr Paul Abela met MDB Chairman Leo Brincat and CEO...
Pharmacy Licencing Fees
31 October 2008
It is GRTU's pleasure to inform all pharmacy owners that following representations made by GRTU on Thursday 23rd October 2008 with the Medicines Authority, and earlier on yesterday, the Medicines Authority has just informed GRTU that it will be accepting a declaration made by the licensee as regards the retail area of the Pharmacy.
There is no need for anyone to engage the services of an architect to certify the floor area of the pharmacy. This means that pharmacies will be benefiting from a substantial reduction in pharmacy license fees which issue has been negotiated to a successful conclusion solely by GRTU. A letter confirming this agreement will be sent from the Medicines Authority to this effect will be sent in due course.
Most pharmacies fall within the 200 meters squared area. They will now pay a trading licence fee of Euro 69.88. The previous regime meant that depending on the locality, pharmacies were paying a minimum of Euro 116.47 and a maximum of Euro 582.34 regardless of floor area. For example, a pharmacy in Main Street, Rabat, would be paying a fee of Euro 244.58 simply because of its location. Its licence fee will now be substantially reduced. The great majority of pharmacies will be paying the minimum fee, which is Euro 69.88 as many pharmacies do not exceed the 200mts squared area. Gozo pharmacies benefit from a further 25% reduction in fees.
GRTU would like to thank the negotiating team, made up of pharmacist and non pharmacist owners that successfully negotiated this measure and reiterates its commitment to continue safeguarding the sustainability of all pharmacies in Malta and Gozo.
