-The Hindu The average impact on industry profitability may be around 20 per cent The Indian consumer will benefit under the new Drug Pricing Control Order 2013 (DPCO 2013) which has been notified and will replace the DPCO 1995. The new order will bring 652 drugs under price control and will enable the National Pharmaceutical Pricing Policy 2012 to regulate prices of 348 drugs covered under the National List of Essential medicines...
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Drug prices set to fall by up to 80%-Rupali Mukherjee
-The Times of India MUMBAI: The government on Thursday issued the long-pending drug price control order, paving the way for the implementation of national pharmaceutical pricing policy, which will lead to a reduction in prices of medicines on an average by 20-25%, and in some life-saving ones, by up to 80%. Prices of 652 formulations under 27 therapeutic areas like anti-allergic (cetrizine), cardiac (aten), gastro-intestinal medicines (ocid), pain-killers ( paracetamol) and anti-diabetic...
More »Health gap between countries is narrowing, but challenges remain–UN report
-The United Nations The health gap between poor and rich countries has narrowed significantly over the past two decades according to a United Nations report released today, which stresses that in spite of this progress, challenges still remain to achieve the health targets of the Millennium Development Goals (MDGs). "Intensive efforts to achieve the MDGs have clearly improved health for people all over the world," said the Director-General of the World Health...
More »Ranbaxy fined $500 m for flawed generics-Narayan Lakshman
-The Hindu Ranbaxy, one of India's largest pharmaceutical companies, has agreed to pay $500 million fines levied by U.S. authorities for selling adulterated drugs and lying to federal regulators in a case that is part of an ongoing crackdown on the quality of generic drugs flowing into the U.S. The deal struck on Monday, said to be the largest financial penalty against a generic drug company for violations of FDA standards, came...
More »One lakh children in India die of diarrhoea annually: Lancet
-The Hindu Over 1,00,000 children, below the age of 11 months, die of diarrhoea annually in India which is the second leading killer of young children globally, after pneumonia. India accounts for the highest number of diarrhoeal deaths, a latest study has suggested. A new international study published in the latest edition of the British medical journal The Lancetprovides the clearest picture yet of the impact and most common causes of diarrhoeal...
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