Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | Pharma price controls hurt consumers -Subir Roy    </title>
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-The Hindu Business Line

Public procurement at a negotiated price is a better option. Price curbs deter producers and don&rsquo;t check pharmacy margins

The Government&rsquo;s attempt to keep the prices of essential medicines affordable and curb the extraordinary returns earned by private..."/>
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-The Hindu Business Line

Public procurement at a negotiated price is a better option. Price curbs deter producers and don&rsquo;t check pharmacy margins

The Government&rsquo;s attempt to keep the prices of essential medicines affordable and curb the extraordinary returns earned by private..." />
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                            <div align="justify">-The Hindu Business Line<br /><br /><em>Public procurement at a negotiated price is a better option. Price curbs deter producers and don&rsquo;t check pharmacy margins<br /></em><br />The Government&rsquo;s attempt to keep the prices of essential medicines affordable and curb the extraordinary returns earned by private healthcare providers through price controls has started an inexorable process whose end does not seem in sight. Will these moves eventually be counter-productive?<br /><br />First came the move to extend the scope of what are considered essential medicines so as to bring a larger number of them under price control. Then came the move to impose a cap on the prices of medical implants &mdash; first coronary stents and then knee implants. This led to some foreign manufacturers of implants seeking to withdraw some products from the Indian market. The Government refused such permission for six months and over time the original applicants submitted fresh applications to withdraw their products after six months.<br /><br />Now the question is, how long can you prevent manufacturers from withdrawing their products? Are they likely to introduce their newest products in India in future when they are globally released?<br /><em><br />Taking a hit</em><br /><br />US pharma manufacturer Johnson &amp; Johnson has taken a $10 million hit in the September quarter on sales of knee implants as a result of price control in India, which it described as an &ldquo;extreme example&rdquo; of such action occurring periodically around the world. Also, AdvaMed, a lobby of US medical device manufacturers, has asked the US trade representative to cut duty concessions to Indian imports into the US under the &lsquo;generalised system of preferences&rsquo; (GSP) in response to India capping cardiac stents and knee implant prices. Two Indian associations of medical device manufacturers have protested, adding that GSP is a multi-country arrangement and there is a downside to tinkering with it unilaterally. <br /><br />Please <a href="http://www.thehindubusinessline.com/opinion/pharma-price-controls-hurt-consumers/article9939882.ece?homepage=true" title="http://www.thehindubusinessline.com/opinion/pharma-price-controls-hurt-consumers/article9939882.ece?homepage=true">click here</a> to read more. <br /></div>                                                           
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    <br><a href="http://www.thehindubusinessline.com/opinion/pharma-price-controls-hurt-consumers/article9939882.ece?homepage=true" class="re" target="_blank">The Hindu Business Line, 2 November, 2017, http://www.thehindubusinessline.com/opinion/pharma-price-controls-hurt-consumers/article9939882.ece?homepage=true</a><div class="clear"></div>
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Public procurement at a negotiated price is a better option. Price curbs deter producers and don&rsquo;t check pharmacy margins

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Public procurement at a negotiated price is a better option. Price curbs deter producers and don&rsquo;t check pharmacy margins

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                            <div align="justify">-The Hindu Business Line<br /><br /><em>Public procurement at a negotiated price is a better option. Price curbs deter producers and don&rsquo;t check pharmacy margins<br /></em><br />The Government&rsquo;s attempt to keep the prices of essential medicines affordable and curb the extraordinary returns earned by private healthcare providers through price controls has started an inexorable process whose end does not seem in sight. Will these moves eventually be counter-productive?<br /><br />First came the move to extend the scope of what are considered essential medicines so as to bring a larger number of them under price control. Then came the move to impose a cap on the prices of medical implants &mdash; first coronary stents and then knee implants. This led to some foreign manufacturers of implants seeking to withdraw some products from the Indian market. The Government refused such permission for six months and over time the original applicants submitted fresh applications to withdraw their products after six months.<br /><br />Now the question is, how long can you prevent manufacturers from withdrawing their products? Are they likely to introduce their newest products in India in future when they are globally released?<br /><em><br />Taking a hit</em><br /><br />US pharma manufacturer Johnson &amp; Johnson has taken a $10 million hit in the September quarter on sales of knee implants as a result of price control in India, which it described as an &ldquo;extreme example&rdquo; of such action occurring periodically around the world. Also, AdvaMed, a lobby of US medical device manufacturers, has asked the US trade representative to cut duty concessions to Indian imports into the US under the &lsquo;generalised system of preferences&rsquo; (GSP) in response to India capping cardiac stents and knee implant prices. Two Indian associations of medical device manufacturers have protested, adding that GSP is a multi-country arrangement and there is a downside to tinkering with it unilaterally. <br /><br />Please <a href="http://www.thehindubusinessline.com/opinion/pharma-price-controls-hurt-consumers/article9939882.ece?homepage=true" title="http://www.thehindubusinessline.com/opinion/pharma-price-controls-hurt-consumers/article9939882.ece?homepage=true">click here</a> to read more. <br /></div>                                                           
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    <br><a href="http://www.thehindubusinessline.com/opinion/pharma-price-controls-hurt-consumers/article9939882.ece?homepage=true" class="re" target="_blank">The Hindu Business Line, 2 November, 2017, http://www.thehindubusinessline.com/opinion/pharma-price-controls-hurt-consumers/article9939882.ece?homepage=true</a><div class="clear"></div>
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Public procurement at a negotiated price is a better option. Price curbs deter producers and don&rsquo;t check pharmacy margins

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Public procurement at a negotiated price is a better option. Price curbs deter producers and don&rsquo;t check pharmacy margins

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    <h1 class="cat-box-title">Pharma price controls hurt consumers -Subir Roy</h1>
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                            <div align="justify">-The Hindu Business Line<br /><br /><em>Public procurement at a negotiated price is a better option. Price curbs deter producers and don&rsquo;t check pharmacy margins<br /></em><br />The Government&rsquo;s attempt to keep the prices of essential medicines affordable and curb the extraordinary returns earned by private healthcare providers through price controls has started an inexorable process whose end does not seem in sight. Will these moves eventually be counter-productive?<br /><br />First came the move to extend the scope of what are considered essential medicines so as to bring a larger number of them under price control. Then came the move to impose a cap on the prices of medical implants &mdash; first coronary stents and then knee implants. This led to some foreign manufacturers of implants seeking to withdraw some products from the Indian market. The Government refused such permission for six months and over time the original applicants submitted fresh applications to withdraw their products after six months.<br /><br />Now the question is, how long can you prevent manufacturers from withdrawing their products? Are they likely to introduce their newest products in India in future when they are globally released?<br /><em><br />Taking a hit</em><br /><br />US pharma manufacturer Johnson &amp; Johnson has taken a $10 million hit in the September quarter on sales of knee implants as a result of price control in India, which it described as an &ldquo;extreme example&rdquo; of such action occurring periodically around the world. Also, AdvaMed, a lobby of US medical device manufacturers, has asked the US trade representative to cut duty concessions to Indian imports into the US under the &lsquo;generalised system of preferences&rsquo; (GSP) in response to India capping cardiac stents and knee implant prices. Two Indian associations of medical device manufacturers have protested, adding that GSP is a multi-country arrangement and there is a downside to tinkering with it unilaterally. <br /><br />Please <a href="http://www.thehindubusinessline.com/opinion/pharma-price-controls-hurt-consumers/article9939882.ece?homepage=true" title="http://www.thehindubusinessline.com/opinion/pharma-price-controls-hurt-consumers/article9939882.ece?homepage=true">click here</a> to read more. <br /></div>                                                           
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    <br><a href="http://www.thehindubusinessline.com/opinion/pharma-price-controls-hurt-consumers/article9939882.ece?homepage=true" class="re" target="_blank">The Hindu Business Line, 2 November, 2017, http://www.thehindubusinessline.com/opinion/pharma-price-controls-hurt-consumers/article9939882.ece?homepage=true</a><div class="clear"></div>
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Pharma price controls hurt consumers -Subir Roy

Published on Nov 3, 2017   Modified on Nov 3, 2017

-The Hindu Business Line Public procurement at a negotiated price is a better option. Price curbs deter producers and don’t check pharmacy margins The Government’s attempt to keep the prices of essential medicines affordable and curb the extraordinary returns earned by private healthcare providers through price controls has started an inexorable process whose end does not seem in sight. Will these moves eventually be counter-productive? First came the move to extend the scope of what are considered essential medicines so as to bring a larger number of them under price control. Then came the move to impose a cap on the prices of medical implants — first coronary stents and then knee implants. This led to some foreign manufacturers of implants seeking to withdraw some products from the Indian market. The Government refused such permission for six months and over time the original applicants submitted fresh applications to withdraw their products after six months. Now the question is, how long can you prevent manufacturers from withdrawing their products? Are they likely to introduce their newest products in India in future when they are globally released? Taking a hit US pharma manufacturer Johnson & Johnson has taken a $10 million hit in the September quarter on sales of knee implants as a result of price control in India, which it described as an “extreme example” of such action occurring periodically around the world. Also, AdvaMed, a lobby of US medical device manufacturers, has asked the US trade representative to cut duty concessions to Indian imports into the US under the ‘generalised system of preferences’ (GSP) in response to India capping cardiac stents and knee implant prices. Two Indian associations of medical device manufacturers have protested, adding that GSP is a multi-country arrangement and there is a downside to tinkering with it unilaterally. Please click here to read more.

The Hindu Business Line, 2 November, 2017, http://www.thehindubusinessline.com/opinion/pharma-price-controls-hurt-consumers/article9939882.ece?homepage=true

Tagged with: Medicine Prices Access to Medicines

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