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

-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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