The cost of commonly-prescribed medicines has been slashed by 40%

THE cost of some of the most commonly-prescribed medicines has been slashed by 40% from today.

Patients could make significant savings as a result of prices being cut on almost 300 well-known branded medicines, according to the Irish Pharmaceutical Healthcare Association (IPHA).

It claims the industry has cut prices in order to reduce the state’s medical bill by €94 million over the next 12 months.