Pharmacy retail price – calculations II


In the Czech Republic there is statutory pricing for all reimbursable pharmaceuticals.


 Prices of non‐reimbursable pharmaceuticals are not regulated.


The maximum pharmacy retail price based on maximal wholesale and pharmacy mark‐ups and VAT.


VAT in Czech pharmacies

standard VAT rate 21%

1. Reduced  VAT rate15 %

2. Reduced  VAT rate10 %


10% reduced for human medicinal products – details next Lecture



Products  without price regulation

Pharmacy bought Lip balm BIODERMA Atoderm : purchase price: 158,00 CZK  without  VAT.

 (standard VAT)

 Decide for the mark-up: 25 %.

Pharmacy retail price with VAT:?

   PRP without VAT = 158,00 x 1,25

   PRP without VAT = 197,50 CZK


   PRP with VAT = 197,50 x 1,21 CZK

   PRP with VAT = 238,98 CZK

















Products  with price regulation


Medicinal devices with price regulation

Maximal mark-up 25 % of the Ex-factory price


It is common wholesale and pharmacy mark-up

There are no official agreements on how the mark-ups are split.


VAT: reduced or standard


Medicinal devices with price regulation

Ex-factory price: 30 000 CZK.

Group: 1. reduced VAT

Maximal pharmacy reatail price (with VAT):?


PRP without VAT = (Ex-factory price  + markup)

PRP without VAT  =  30 000 x 1,25


PRP without VAT = 37 500 CZK


PRP with VAT = 37 500 x 1,15

PRP with VAT = 43 125 CZK



















Medicinal products  with price regulation

It is common wholesale and pharmacy mark-up,   There are no official agreements on how the mark-ups
are split.


Zone

    From (CZK)

              To (CZK)

                          Mark-up

                                 Additional part

1

    0,00

              150,00

                          37 %

                                 0

2

    150,01

              300,00

                          33 %

                                 6,00

3

    300,01

              500,00

                          24 %

                                 33,00

4

    500,01

              1 000,00

                          20 %

                                 53,00

5

    1 000,01

              2 500,00

                          17 %

                                 83,00

6

    2 500,01

              5 000,00

                           14  %

                                 158,00

7

    5 000,01

              10 000,00

                          6%

                                 558,00

8

    10 000,01

              9 999 999,99

                           4 %

                                 758,00

Zones of Ex-factory price

How to calculate the price of medicinal product?

Choose the zone according to Ex-factory price


Add the mark-up according to the zone


Add VAT – human medicnal product with marketing authorisation – 10%



Medicinal product with price regulation

ALMEDO 10 mg por tbl flm 100 x 10 mg

       Ex-factory price = 255,72 CZK



 Pharamacy retail price (PRP) with VAT: ?

Zone 2  mark-up                additional part


PRP = (255,72 x 1,33 + 6) x 1,10


                                                 VAT

PRP = 380,70 CZK

( Round down!)


Medicinal product with price regulation

XARELTO 10 mg por flm tbl 30 x 10 mg

Ex-factory price = 1 612,60 CZK

PRP with VAT = ?



PRP =


PRP =


  PRP with VAT =


Medicinal product with price regulation

Aclasta 5mg INF SOL 100ml

Ex-factory price = 7 255,13 CZK

PRP with VAT = ?




PRP with VAT