-The Economic Times MUMBAI: The ministerial panel entrusted with framing the country's drug pricing guidelines will meet Finance Minister P Chidambaram on Wednesday to discuss its final draft policy. The Group of Ministers, led by Agriculture Minister Sharad Pawar, has decided to keep the market-based pricing mechanism but tweak the methodology used for calculating the price increase, a move it hopes will address the concerns of the finance ministry. The ministry was initially...
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Pharma pricing policy to be discussed today-Sushmi Dey
-The Business Standard If the Cabinet clears the proposed policy, the Department of Pharmaceuticals would have to notify this before the SC?s next hearing on the matter on Nov 27 The Cabinet is likely to take up the proposed National Pharmaceutical Pricing Policy tomorrow, government sources said. The policy is aimed at capping the prices of 348 essential medicines at the weighted average of all drugs in a particular segment, with...
More »Health ministry pushes for end to sale of branded drugs -Kounteya Sinha
-The Times of India Medicines in India may not be sold under brand names in the near future. In its biggest move to push generic drugs and do away with brand names, the Union health ministry has ordered states to stop issuing licence for the manufacture or sale of drugs on the basis of their brand name. All pharmaceutical firms applying for licence to market or manufacture fixed dose combination (FDC) drugs will...
More »Must poor fast to buy drugs: SC -Dhananjay Mahapatra
-The Times of India The Centre on Thursday promised to notify a new drug pricing mechanism for essential medicines by the end of November, but the Supreme Court said a change in policy must not force a sharp rise in drug prices to hurt an already hassled common man. Additional solicitor general Siddharth Luthra informed a bench of Justices G S Singhvi and S J Mukhopadhaya that a Cabinet note on the...
More »New drug policy by mid-November, Government tells Supreme Court -J Venkatesan
-The Hindu People have to go hungry for paying the medicine bill, says Judge The Union government on Thursday told the Supreme Court that it would put in place by mid-November a Drug Price Control Order (DPCO) after the Union Cabinet’s approval. Last week, the Bench asked the government to spell out a time frame within which a new policy would be put in place. On Thursday, Additional Solicitor-General (ASG) Siddarth Luthra told a...
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