Medicines and Related Substances Control Act, 1965 (Act No. 101 of 1965)

Regulations

Purchase

APPENDIX A

EXAMPLES OF THE MANNER IN WHICH THE WEIGHTED AVERAGE NET SELLING PRICE MUST BE CALCULATED

Calculation of the price for solid dosage form where this is available in different pack sizes

Example 1:

2 pack sizes (50 tablets and 500 tablets) of a 500 mg strength of a medicine

Average 2003 price of 50 tablet pack = 50 Rands

Average 2003 price of 500 tablet pack = 300 Rands

2003 sales of 50 tablet pack = 100,000 packs

2003 sales of 500 tablet pack = 10,000 packs

Total 2003 discounts for 50 tablet pack sales in 2003 = 500,000 Rands

Total 2003 discounts for 500 tablet pack sales in 2003 = 200,000 Rands

The price of the unit is 0.73 Rand/500mg tablet

The price of the 50 tablet pack is 36.5 Rands

The price of the 500 tablet pack is 365 Rands

Calculation of the price for liquid dosage form where this is available In different pack sizes

Example 2:

2 pack sizes (1 25 ml bottle and a 500 ml bottle) of a 5mg/ml strength of a medicine

Average 2003 price of 125ml bottle = 50 Rands

Average 2003 price of 500ml bottle = 150 Rands

2003 sales of 125 mi bottles = 10,000 bottles

2003 sales of 500 ml bottles = 5,000 bottles

Total 2003 discounts for sales of 125ml bottles in 2003 = 50,000 Rands

Total 2003 discounts for sales of 500ml bottles in 2003 = 75,000 Rands

The price of the unit is 0.3 Rand/ml

The price of the 125ml bottle is 37.5 Rands

The price of the 500 ml bottle is 150 Rands