The Prime Minister's Economic Advisory Council has suggested a complex combination of three pricing models to fix retail prices of 348 essential drugs to balance industry's concerns and public health. The proposal, however, has drawn the ire of drug makers who say it is a watered down version of the health ministry's proposals. The council has proposed that for medicines facing "insufficient competition" or a monopoly-like situation, the retail price should...
More »SEARCH RESULT
Price control not working for cancer drugs-Joe C Mathew
The medicine price regulator, the National Pharmaceutical Pricing Authority (NPPA), has found a price fixing mechanism suggested by its parent ministry, chemicals and fertilisers, has failed to meaningfully lower the prices of key cancer medicines. A group of ministers (GoM) headed by agriculture minister Sharad Pawar is expected to meet soon to finalise a pricing policy on drugs. The NPPA study findings may compel the ministry to seek other effective ways of...
More »YS Rajasekhara Reddy's land doles cost Andhra Rs 1 lakh crore: CAG
-The Times of India Providing fodder to the CBIprobing the various land allotments in the state during the YSR government, the Comptroller and Auditor General (CAG) has concluded that the Andhra Pradesh government doled out thousands of acres of government land to private individuals on an ad hoc and arbitrary manner without safeguarding the interests of the state. The CAG report for the year ending March 31, 2011, was tabled in...
More »A Strike against Pharma MNCs
-Economic and Political Weekly The compulsory licence for Nexavar is only the beginning of a new battle over drug prices. The grant of a compulsory licence (CL) to Natco Pharma, a relatively small Indian pharmaceutical company, to manufacture and sell the cancer drug sorafenib (Nexavar) has been rightly hailed as a major step forward for public health and the wider availability of life saving medicines. The German pharmaceutical company Bayer holds the patent...
More »Harvesters of nutrition-Pamela Philipose
Travelling in rural India always yields rich insights into how poor women struggle to provide that little extra, in terms of food, for the family meal. It was in the village of Vijaypura – in the drought prone Bundelkhand region of Uttar Pradesh – that I came across Bharati, a 39-year-old farm woman and homemaker, working her everyday magic by laying out slices of potato and whole green chillies on the...
More »