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LATEST NEWS UPDATES | NPPA caps trade margins of 42 cancer drugs at 30% -Sushmi Dey

NPPA caps trade margins of 42 cancer drugs at 30% -Sushmi Dey

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published Published on Feb 28, 2019   modified Modified on Feb 28, 2019
-The Times of India

NEW DELHI:
The government has capped trade margins of 42 cancer drugs at 30% expanding the span of price control to curtail undue profiteering by chemists and drug stockists on various medicines which were so far outside price regulation.

The move is expected to bring major relief to around 1.5 million cancer patients in India reeling under exponentially high treatment cost leading to heavy out-of-pocket expenditure.

In a detailed order, issued on Wednesday, the drug price regulator National Pharmaceutical Pricing Authority (NPPA) invoked Para 19 of the Drugs Price Control Order, 2013 which allows the government to intervene in "extraordinary circumstances" in public interest.

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The Times of India, 28 February, 2019, https://timesofindia.indiatimes.com/india/nppa-caps-trade-margins-of-42-cancer-drugs-at-30/articleshow/68193226.cms


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