-The Economic Times HYDERABAD: Numerous pharmacies - especially those operating on rented space - are shutting down across the country, hurt by a sharp decline in margins after the introduction of a new pricing policy for medicines and intense competition from bigger players. The new Drug Price Control Order (DPCO), which was notified on May 15, has made the prices of some 150 drugs fall steeply. Under this, companies and retailers are...
More »SEARCH RESULT
Total Matching Records found : 124
A lifeline that rural India cannot do without -Raman Kataria and Yogesh Jain
-The Hindu The huge deficit in blood availability outside urban centres must jolt the government into legalising unbanked blood supply Twenty-year-old Putul, living in a village 70 km from a district headquarters town in Chhattisgarh, had been in labour for two days and a night. It was her first pregnancy. In order to hasten labour, the local quack administered several injections that increased her uterine contractions. Forty hours after the onset of...
More »Drug price policy under SC glare
-The Telegraph New Delhi: The Supreme Court today ticked off the government for "dilly dallying" on an affordable drug pricing policy, following a petition that said the delay was aimed at pushing through suggestions of the powerful manufacturers' lobby. A bench of Justices G.S. Singhvi and Gopala Gowda asked the Centre to respond within six weeks. The All India Drug Action Network (AIDAN) had filed the application saying the government was delaying a...
More »Branded medicines cost 15 times more than generic ones
-The Times of India NEW DELHI: Branded medicines cost 2-15 times more than non-branded generic medicines sold at Jan Aushadhi stores. For example, a 10-tablet strip of Diclofenac SR (100mg), a popular pain killer, costs Rs 51.91 whereas the same generic medicine costs only Rs 3.35 at Jan Aushadhi stores. An 100 ml bottle of cough syrup manufactured and marketed by drug companies costs Rs 33 while those sold at Jan Aushadhi...
More »New drug pricing creates artificial scarcity-Shyama Rajagopal
-The Hindu Kochi: An artificial scarcity of drugs looms large with the new drug pricing regime, slashing prices for 348 essential drugs, set to prevail from July 29. Many retailers who stock medicines for a week are not picking up medicines and are keeping a minimum inventory. Some retailers said distributors were not making medicines available. It has sent medical retail stores into a tizzy about the fate of already available stocks. J.S....
More »
