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Panel backs market say in drug prices

-The Telegraph A panel of Union ministers today finalised a market-based drug pricing policy that public health experts say cold-shoulders concerns expressed by the health ministry and threatens to legitimise high prices for medicines. The policy finalised by the group of ministers (GoM), led by Sharad Pawar, will apply to 348 essential drugs to cover virtually all common ailments — from painkillers and antibiotics to asthma medications and drugs against high blood...

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Soon, drugs may become cheaper -Rupali Mukherjee

-The Times of India MUMBAI: Consumers can look forward to a reduction in prices of essential medicines, with the Sharad Pawar-led Group of Ministers (GoM) planning to take a final decision on the pharmaceutical policy soon. The GoM will meet on September 27 to examine options under the market price-based mechanism to cap prices of drugs, which may lead to a reduction ranging from 25% to even 90% in some cases,...

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Novartis subsidy promise with rider

-The Telegraph Swiss pharma company Novartis today told the Supreme Court that if it gets an Indian patent on its anti-cancer drug Glivec, it would continue giving free drugs to 85 per cent patients till 2018 provided prices were left untouched. But the court described its scheme of classifying people on the basis of their incomes as “too complicated” and again urged the company to reduce prices. Whatever the scheme, the end result...

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National scheme for free medicines for all sought

-The Hindu The Jan Swasthya Abhiyan on Monday called upon the Union Government to extend free medicine supply scheme, presently operational in a few States like Rajasthan and Tamil Nadu, all over the country to reduce out-of-pocket expenditure of common people on health care. Such a scheme would especially benefit the patients deprived of any kind of treatment due to poverty. In a letter addressed to Union Health & Family Welfare Secretary...

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Pricing of imported drugs under regulatory scanner-Khomba Singh

-The Economic Times India's drug price regulator has initiated a process to end the 16-year freedom enjoyed by foreign drug makers to fix the retail price of their imported medicines in the country. The National Pharmaceutical Pricing Authority (NPPA) has written to the department of pharmaceuticals to amend the Drugs (Prices Control) Order of 1995, its chairman CP Singh told ET. The amendment will allow NPPA to seek details of the methodology adopted...

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