October 2024 Price Concessions Final Update

Following discussions between Community Pharmacy England and the Department of Health and Social Care (DHSC) regarding medicine pricing issues reported by pharmacy owners, the Department has today (30/10/2024) announced the following final list of price concessions for October 2024:

Drug Pack size Price concession
Amantadine 100mg capsules 56 £17.66
Apixaban 2.5mg tablets 60 £7.21
Apixaban 5mg tablets 56 £5.63
Aqueous cream 500 £6.59
Ascorbic acid 500mg tablets 28 £36.86
Calcipotriol 0.005% / Betamethasone dipropionate 0.05% gel 60 £23.46
Carbimazole 5mg tablets 100 £10.65 (previously £1.98)
Dorzolamide 20mg/ml / Timolol 5mg/ml eye drops 5 £5.18
Erythromycin 250mg gastro-resistant tablets 28 £10.41
Erythromycin ethyl succinate 250mg/5ml oral suspension sugar free 100 £14.06
Escitalopram 5mg tablets 28 £2.39
Gabapentin 800mg tablets 100 £47.20
Haloperidol 1.5mg tablets 28 £8.20
Haloperidol 5mg tablets 28 £7.64
Hydrocortisone 10mg tablets 30 £1.88
Hyoscine hydrobromide 400micrograms/1ml solution for injection ampoules 10 £40.00
Latanoprost 50micrograms/ml / Timolol 5mg/ml eye drops 2.5 £3.80
Levetiracetam 250mg tablets 60 £1.83
Lofepramine 70mg tablets 56 £24.50
Lorazepam 1mg tablets 28 £6.82
Metformin 1g modified-release tablets 56 £4.11
Midazolam 10mg/2ml solution for injection ampoules 10 £5.58
Morphine sulfate 10mg/1ml solution for injection ampoules 10 £5.40
Naftidrofuryl 100mg capsules 84 £10.05
Nicorandil 10mg tablets 60 £7.58
Nicorandil 20mg tablets 60 £14.56
Olanzapine 20mg tablets 28 £4.06
Oxcarbazepine 600mg tablets 50 £29.90
Oxycodone 5mg/5ml oral solution sugar free 250 £8.48
Oxytetracycline 250mg tablets 28 £15.23
Pregabalin 300mg capsules 56 £2.76
Telmisartan 80mg tablets 28 £14.47
Terbinafine 250mg tablets 14 £3.50

For the full list of price concessions granted for October 2024 please visit our price concession hub page here.

No additional endorsements are required for price concessions. A price concession only applies for the month it is granted; any prices agreed for concessions requested late in the month will roll over into the following month.

Please  subscribe to our mailing list to receive email updates of any price concessions.

Further information on price  concessions and FAQs about the process  involved  can be found on our website (cpe.org.uk/priceconcessions) To hear more on how the current price  concessions system operates, pharmacy teams can now access a recording of our recent Medicines Supply and Concessions Briefing webinar  here.

Improvements to the price concession system

Following significant concerns raised by pharmacies about the unsustainable level of prices imposed by  DHSC  in second half of 2022, it was agreed that anurgent review of the price concession setting system would take place.

Since this announcement, we have sent a strong and clear message back to Government that pharmacies cannot continue to subsidise the NHS medicines bill. Following the review of the concessionary price process, a package of measures has been developed to improve the system.

One of the solutions agreed between us and DHSC is that from 1st April 2023, all products granted a concessionary price will be classified as ‘Discount Not Deducted’ for the month(s) in which they are on concession.

In May 2023, DHSC implemented a process to roll over to the following month any agreed prices for concessions requested on or after the 23rd of the month.

Furthermore, from April 2024, a retrospective top-up payment system applies to products granted very low concessionary prices by DHSC when compared to the average purchase prices identified via the Margins survey. Further information on the top-up mechanism can be found here.

Please see our latest funding and reimbursement short video for further information on the recent changes to the price concession process.

Pharmacy owners from across the sector are invited to feedback on the CPCF settlement and indicate priorities for us to take forward with Government.

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