Why is it Important? This curated list of medications approved for use, often accompanied by application guidelines, allows the Group to provide the highest quality of care to patients through a value- based and completely transparent approach. The selection and inclusion of medicines into the formulary are based on the latest clinical evidence, research, and international approvals
such as those from the FDA or EMEA. This not only ensures the standardization of care by providing the latest and most innovative therapies to patients but also enhances patient safety. It further improves supply chain management and inventory, adhering to regulatory, sustainability and ethical compliance.
What’s a Medicine Formulary? A formulary is an official list or catalog of medications approved for use within a specific healthcare system. It includes both prescription and over-the-counter drugs and often outlines which medications are preferred based on factors like efficacy, safety, and cost-effectiveness. Formularies guide physicians, pharmacists, and other healthcare providers in prescribing the most appropriate medications for patients.
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