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LATEST NEWS UPDATES | 800-plus essential drugs to increase by 10.7 per cent from Friday -Kavita Bajeli-Datt

800-plus essential drugs to increase by 10.7 per cent from Friday -Kavita Bajeli-Datt

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published Published on Apr 1, 2022   modified Modified on Apr 1, 2022

-The New Indian Express

These scheduled medicines constitute about 18 per cent of the total domestic pharma retail market, valued around Rs 1.5 trillion.

NEW DELHI: Prices of over 800 drugs under the National List of Essential Medicines (NLEM), including paracetamol, common antibiotics like azithromycin, doxycycline and medications for hypertension, diabetes and COVID-19 will increase by 10.7 per cent starting Friday.

Activists slammed the move saying that it would hit the pockets of the poor and middle-class and make the essential medicines unaffordable. The National Pharmaceutical Pricing Authority of India (NPPA), India's apex drug pricing regulator, announced last week a 10.7 per cent change in the Wholesale Price Index (WPI) for the calendar year 2021 over the same period in 2020. The steep hike would also mean the prices of a few medical devices such as coronary stents and knee implants would go up.

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The New Indian Express, 1 April, 2022, https://www.newindianexpress.com/nation/2022/apr/01/800-plus-essential-drugs-to-increase-by-107-per-cent-from-friday-2436615.html?fbclid=IwAR2y-TQ2btAZyCV5VeYupA0CTuqC7hEaUbs_2xpm9vhjNyOX3RWnyG2gfRs


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