-The Hindu We need a legal mechanism to ensure that all generics are of the same standard as the innovator product The Prime Minister’s recent announcement on making it mandatory for doctors to prescribe only the generic name, and not brand name of a drug, has led to a flutter. If enacted, the move will make it illegal for Indian doctors to write out a prescription for the trademark of the drug,...
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Generic prescription hurdles
-The Telegraph New Delhi: Regulatory efforts to get doctors in India to prescribe medicines only through their generic names, initiated about 15 years ago, will need to overcome legal challenges and resistance from sections of doctors and the pharmaceutical industry, experts said. Senior pharmacologists and industry analysts have also said it will be misleading to presume that prescriptions with generic names will automatically translate into lower medicine bills for patients as studies...
More »Cheap generic vs costly branded: Issues in picking right drug in India -Kaunain Sheriff M
-The Indian Express Prime Minister Narendra Modi wants doctors to prescribe generic medicines over branded ones. KAUNAIN SHERIFF M answers key questions on the pricing of drugs and beyond. * What exactly has Prime Minister Narendra Modi said on generic drugs? Speaking in Surat on April 17, the Prime Minister referred to the Pradhan Mantri Bharatiya Janaushadhi Pariyojana (PMBJP), which aims to provide cheaper medical drugs to the people. “In the coming days,...
More »Amartya Sen, Nobel Laureate and economist, speaks to Suvojit Bagchi (The Hindu)
-The Hindu The truth may ultimately prevail about demonetisation, but the government might be able to maintain the loyalty of a large part of the public for a long time, says Amartya Sen More than two months after the demonetisation, Nobel Laureate and economist Amartya Sen says that any proper “economic reasoning could not have sensibly led to such a ham-handed policy.” He predicts that the demonetisation will hit the economy quite...
More »Demonetisation: 35 per cent job losses, 50 per cent revenue dip, says study by largest organisation of manufacturers -Arun Janardhanan
-The Indian Express The study, conducted by AIMO, has also projected a drop in employment of 60 per cent and loss in revenue of 55 per cent before March 2017. Chennai: IN THE first 34 days since demonetisation, micro-small scale industries suffered 35 per cent jobs losses and a 50 per cent dip in revenue, according to a study conducted by India’s largest organisation of manufacturers. The study, conducted by the All...
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