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
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

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 | Prices of key drugs to be cut by up to half-Sushmi Dey    </title>
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-The Business Standard



NPPA to soon notify prices in line with new pharma pricing policy


Some key cancer drugs, antibiotics and medicines to treat cardiovascular diseases and tuberculosis are set to become cheaper by up to 50 per cent within the next..."/>
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NPPA to soon notify prices in line with new pharma pricing policy


Some key cancer drugs, antibiotics and medicines to treat cardiovascular diseases and tuberculosis are set to become cheaper by up to 50 per cent within the next..." />
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		 Published on</span><span class="text-date"> Jun 17, 2013</span>
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                            <div align="justify">-The Business Standard</div><p align="justify"><img src="https://im4change.in/siteadmin/tinymce/uploaded/Medicines_3.bmp" alt="Medicines" /><br /><em>NPPA to soon notify prices in line with new pharma pricing policy</em></p><p align="justify">Some key cancer drugs, antibiotics and medicines to treat cardiovascular diseases and tuberculosis are set to become cheaper by up to 50 per cent within the next 45 days. The National Pharmaceutical Pricing Authority (NPPA) will soon notify prices of as many as 150 packs of essential medicines in line with the new pharma pricing policy, according to official sources.</p><p align="justify">Once the new price notification is in place, the maximum retail prices (MRPs) of many cancer drugs will fall 10-30 per cent on an average - some as much as 50 per cent. Similarly, prices of cardiovascular drugs will come down 20-30 per cent, while those specifically used as anti-hypertension medicines will get 15-30 per cent cheaper. According to an official, prices of antibiotics will see a major change. &quot;The range of price cut in antibiotics will be 15-50 per cent, depending on strength,&quot; he said. For instance, the MRP of paracetamol, a key analgesic used for pain relief, would drop 25-55 per cent. While paracetamol injection will get 25 per cent cheaper, prices of syrups and tablets will fall 35 and 55 per cent, respectively.</p><p align="justify">These prices are calculated on the basis of the Drug Price Control Order (DPCO), 2013, recently notified by the government in line with the new pharma pricing policy cleared by the government last year. DPCO mandates NPPA to cap prices of 348 essential medicines based on an arithmetic average of all drugs in a particular segment that have market share of more than one per cent. However, the drugs currently priced below the cap would not be allowed to hike prices to match the cap. This is significant as the new formula does not allow prices to go up from the current level.</p><p align="justify">This will be the first set of price notification by the regulator. &quot;In the first phase, we are notifying only those categories and drugs for which we have ample data and calculation is done. Within 15-20 days, we will notify the next lot,&quot; the official said. The new drug pricing policy includes price regulation of 652 packs of 348 essential medicines. The official clarified new prices would be notified only for those additional drugs that now enter the scheduled category, whereas those already under price control could be sold at the existing MRP for one year.</p><p align="justify">Firms like GlaxoSmithKline, Cipla, Ranbaxy, Dr Reddy's Labs and Abbott, which are currently selling these essential medicines, will have 45 days from the date of notification to replace the existing stock with new packs carrying revised MRPs.</p><p align="justify">&quot;We will do regular surveillance of market. If a company is found not complying with the new norm, it will be penalised for overcharging consumers,&quot; the official said.</p><p align="justify">However, industry players, including pharmacists, say a 45-day period is too short to replace stocks, especially from the rural areas. It might lead to shortage of medicines.</p><p align="justify">According to Indian Pharmaceutical Alliance Director-General D G Shah, the industry fears the prices fixed by the regulator are not in line with the policy approved by the Cabinet. &quot;Our concern is that NPPA's price fixation should be consistent with the pharma policy as approved by the Cabinet and there must not be deviation from that. That will shake the confidence between the industry and the regulator.&quot;</p><p align="justify">On the other hand, patient groups are unhappy over the policy and are waiting for the Supreme Court to hear the matter again. &quot;There are various loopholes in the policy that dilute the impact for patients. For instance, it exempts patented products and medicines with new drug delivery system. All essential medicines for diseases like cancer and hypertension are patented and those not patented are out of use,&quot; says K M Gopakumar of Third World Network.</p>                                                           
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    <br><a href="http://www.business-standard.com/article/companies/prices-of-key-drugs-to-be-cut-by-up-to-half-113061600219_1.html" class="re" target="_blank">The Business Standard, 17 June, 2013, http://www.business-standard.com/article/companies/prices-of-key-drugs-to-be-cut-by-up-to-half-113061600219_1.html</a><div class="clear"></div>
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    <h1 class="cat-box-title">Prices of key drugs to be cut by up to half-Sushmi Dey</h1>
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                            <div align="justify">-The Business Standard</div><p align="justify"><img src="https://im4change.in/siteadmin/tinymce/uploaded/Medicines_3.bmp" alt="Medicines" /><br /><em>NPPA to soon notify prices in line with new pharma pricing policy</em></p><p align="justify">Some key cancer drugs, antibiotics and medicines to treat cardiovascular diseases and tuberculosis are set to become cheaper by up to 50 per cent within the next 45 days. The National Pharmaceutical Pricing Authority (NPPA) will soon notify prices of as many as 150 packs of essential medicines in line with the new pharma pricing policy, according to official sources.</p><p align="justify">Once the new price notification is in place, the maximum retail prices (MRPs) of many cancer drugs will fall 10-30 per cent on an average - some as much as 50 per cent. Similarly, prices of cardiovascular drugs will come down 20-30 per cent, while those specifically used as anti-hypertension medicines will get 15-30 per cent cheaper. According to an official, prices of antibiotics will see a major change. &quot;The range of price cut in antibiotics will be 15-50 per cent, depending on strength,&quot; he said. For instance, the MRP of paracetamol, a key analgesic used for pain relief, would drop 25-55 per cent. While paracetamol injection will get 25 per cent cheaper, prices of syrups and tablets will fall 35 and 55 per cent, respectively.</p><p align="justify">These prices are calculated on the basis of the Drug Price Control Order (DPCO), 2013, recently notified by the government in line with the new pharma pricing policy cleared by the government last year. DPCO mandates NPPA to cap prices of 348 essential medicines based on an arithmetic average of all drugs in a particular segment that have market share of more than one per cent. However, the drugs currently priced below the cap would not be allowed to hike prices to match the cap. This is significant as the new formula does not allow prices to go up from the current level.</p><p align="justify">This will be the first set of price notification by the regulator. &quot;In the first phase, we are notifying only those categories and drugs for which we have ample data and calculation is done. Within 15-20 days, we will notify the next lot,&quot; the official said. The new drug pricing policy includes price regulation of 652 packs of 348 essential medicines. The official clarified new prices would be notified only for those additional drugs that now enter the scheduled category, whereas those already under price control could be sold at the existing MRP for one year.</p><p align="justify">Firms like GlaxoSmithKline, Cipla, Ranbaxy, Dr Reddy's Labs and Abbott, which are currently selling these essential medicines, will have 45 days from the date of notification to replace the existing stock with new packs carrying revised MRPs.</p><p align="justify">&quot;We will do regular surveillance of market. If a company is found not complying with the new norm, it will be penalised for overcharging consumers,&quot; the official said.</p><p align="justify">However, industry players, including pharmacists, say a 45-day period is too short to replace stocks, especially from the rural areas. It might lead to shortage of medicines.</p><p align="justify">According to Indian Pharmaceutical Alliance Director-General D G Shah, the industry fears the prices fixed by the regulator are not in line with the policy approved by the Cabinet. &quot;Our concern is that NPPA's price fixation should be consistent with the pharma policy as approved by the Cabinet and there must not be deviation from that. That will shake the confidence between the industry and the regulator.&quot;</p><p align="justify">On the other hand, patient groups are unhappy over the policy and are waiting for the Supreme Court to hear the matter again. &quot;There are various loopholes in the policy that dilute the impact for patients. For instance, it exempts patented products and medicines with new drug delivery system. All essential medicines for diseases like cancer and hypertension are patented and those not patented are out of use,&quot; says K M Gopakumar of Third World Network.</p>                                                           
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    <br><a href="http://www.business-standard.com/article/companies/prices-of-key-drugs-to-be-cut-by-up-to-half-113061600219_1.html" class="re" target="_blank">The Business Standard, 17 June, 2013, http://www.business-standard.com/article/companies/prices-of-key-drugs-to-be-cut-by-up-to-half-113061600219_1.html</a><div class="clear"></div>
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        LATEST NEWS UPDATES | Prices of key drugs to be cut by up to half-Sushmi Dey    </title>
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NPPA to soon notify prices in line with new pharma pricing policy


Some key cancer drugs, antibiotics and medicines to treat cardiovascular diseases and tuberculosis are set to become cheaper by up to 50 per cent within the next..."/>
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NPPA to soon notify prices in line with new pharma pricing policy


Some key cancer drugs, antibiotics and medicines to treat cardiovascular diseases and tuberculosis are set to become cheaper by up to 50 per cent within the next..." />
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                            <div align="justify">-The Business Standard</div><p align="justify"><img src="https://im4change.in/siteadmin/tinymce/uploaded/Medicines_3.bmp" alt="Medicines" /><br /><em>NPPA to soon notify prices in line with new pharma pricing policy</em></p><p align="justify">Some key cancer drugs, antibiotics and medicines to treat cardiovascular diseases and tuberculosis are set to become cheaper by up to 50 per cent within the next 45 days. The National Pharmaceutical Pricing Authority (NPPA) will soon notify prices of as many as 150 packs of essential medicines in line with the new pharma pricing policy, according to official sources.</p><p align="justify">Once the new price notification is in place, the maximum retail prices (MRPs) of many cancer drugs will fall 10-30 per cent on an average - some as much as 50 per cent. Similarly, prices of cardiovascular drugs will come down 20-30 per cent, while those specifically used as anti-hypertension medicines will get 15-30 per cent cheaper. According to an official, prices of antibiotics will see a major change. &quot;The range of price cut in antibiotics will be 15-50 per cent, depending on strength,&quot; he said. For instance, the MRP of paracetamol, a key analgesic used for pain relief, would drop 25-55 per cent. While paracetamol injection will get 25 per cent cheaper, prices of syrups and tablets will fall 35 and 55 per cent, respectively.</p><p align="justify">These prices are calculated on the basis of the Drug Price Control Order (DPCO), 2013, recently notified by the government in line with the new pharma pricing policy cleared by the government last year. DPCO mandates NPPA to cap prices of 348 essential medicines based on an arithmetic average of all drugs in a particular segment that have market share of more than one per cent. However, the drugs currently priced below the cap would not be allowed to hike prices to match the cap. This is significant as the new formula does not allow prices to go up from the current level.</p><p align="justify">This will be the first set of price notification by the regulator. &quot;In the first phase, we are notifying only those categories and drugs for which we have ample data and calculation is done. Within 15-20 days, we will notify the next lot,&quot; the official said. The new drug pricing policy includes price regulation of 652 packs of 348 essential medicines. The official clarified new prices would be notified only for those additional drugs that now enter the scheduled category, whereas those already under price control could be sold at the existing MRP for one year.</p><p align="justify">Firms like GlaxoSmithKline, Cipla, Ranbaxy, Dr Reddy's Labs and Abbott, which are currently selling these essential medicines, will have 45 days from the date of notification to replace the existing stock with new packs carrying revised MRPs.</p><p align="justify">&quot;We will do regular surveillance of market. If a company is found not complying with the new norm, it will be penalised for overcharging consumers,&quot; the official said.</p><p align="justify">However, industry players, including pharmacists, say a 45-day period is too short to replace stocks, especially from the rural areas. It might lead to shortage of medicines.</p><p align="justify">According to Indian Pharmaceutical Alliance Director-General D G Shah, the industry fears the prices fixed by the regulator are not in line with the policy approved by the Cabinet. &quot;Our concern is that NPPA's price fixation should be consistent with the pharma policy as approved by the Cabinet and there must not be deviation from that. That will shake the confidence between the industry and the regulator.&quot;</p><p align="justify">On the other hand, patient groups are unhappy over the policy and are waiting for the Supreme Court to hear the matter again. &quot;There are various loopholes in the policy that dilute the impact for patients. For instance, it exempts patented products and medicines with new drug delivery system. All essential medicines for diseases like cancer and hypertension are patented and those not patented are out of use,&quot; says K M Gopakumar of Third World Network.</p>                                                           
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    <br><a href="http://www.business-standard.com/article/companies/prices-of-key-drugs-to-be-cut-by-up-to-half-113061600219_1.html" class="re" target="_blank">The Business Standard, 17 June, 2013, http://www.business-standard.com/article/companies/prices-of-key-drugs-to-be-cut-by-up-to-half-113061600219_1.html</a><div class="clear"></div>
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Home हिन्दी

Prices of key drugs to be cut by up to half-Sushmi Dey

Published on Jun 17, 2013   Modified on Jun 17, 2013

-The Business Standard NPPA to soon notify prices in line with new pharma pricing policy Some key cancer drugs, antibiotics and medicines to treat cardiovascular diseases and tuberculosis are set to become cheaper by up to 50 per cent within the next 45 days. The National Pharmaceutical Pricing Authority (NPPA) will soon notify prices of as many as 150 packs of essential medicines in line with the new pharma pricing policy, according to official sources. Once the new price notification is in place, the maximum retail prices (MRPs) of many cancer drugs will fall 10-30 per cent on an average - some as much as 50 per cent. Similarly, prices of cardiovascular drugs will come down 20-30 per cent, while those specifically used as anti-hypertension medicines will get 15-30 per cent cheaper. According to an official, prices of antibiotics will see a major change. "The range of price cut in antibiotics will be 15-50 per cent, depending on strength," he said. For instance, the MRP of paracetamol, a key analgesic used for pain relief, would drop 25-55 per cent. While paracetamol injection will get 25 per cent cheaper, prices of syrups and tablets will fall 35 and 55 per cent, respectively. These prices are calculated on the basis of the Drug Price Control Order (DPCO), 2013, recently notified by the government in line with the new pharma pricing policy cleared by the government last year. DPCO mandates NPPA to cap prices of 348 essential medicines based on an arithmetic average of all drugs in a particular segment that have market share of more than one per cent. However, the drugs currently priced below the cap would not be allowed to hike prices to match the cap. This is significant as the new formula does not allow prices to go up from the current level. This will be the first set of price notification by the regulator. "In the first phase, we are notifying only those categories and drugs for which we have ample data and calculation is done. Within 15-20 days, we will notify the next lot," the official said. The new drug pricing policy includes price regulation of 652 packs of 348 essential medicines. The official clarified new prices would be notified only for those additional drugs that now enter the scheduled category, whereas those already under price control could be sold at the existing MRP for one year. Firms like GlaxoSmithKline, Cipla, Ranbaxy, Dr Reddy's Labs and Abbott, which are currently selling these essential medicines, will have 45 days from the date of notification to replace the existing stock with new packs carrying revised MRPs. "We will do regular surveillance of market. If a company is found not complying with the new norm, it will be penalised for overcharging consumers," the official said. However, industry players, including pharmacists, say a 45-day period is too short to replace stocks, especially from the rural areas. It might lead to shortage of medicines. According to Indian Pharmaceutical Alliance Director-General D G Shah, the industry fears the prices fixed by the regulator are not in line with the policy approved by the Cabinet. "Our concern is that NPPA's price fixation should be consistent with the pharma policy as approved by the Cabinet and there must not be deviation from that. That will shake the confidence between the industry and the regulator." On the other hand, patient groups are unhappy over the policy and are waiting for the Supreme Court to hear the matter again. "There are various loopholes in the policy that dilute the impact for patients. For instance, it exempts patented products and medicines with new drug delivery system. All essential medicines for diseases like cancer and hypertension are patented and those not patented are out of use," says K M Gopakumar of Third World Network.

The Business Standard, 17 June, 2013, http://www.business-standard.com/article/companies/prices-of-key-drugs-to-be-cut-by-up-to-half-113061600219_1.html

Tagged with: Inflation Cancer Health medicines

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