-The Indian Express The Central government’s move to fix cotton seed prices and trait fees sends wrong signals. 2015 will go down as a year that has seen all the rules of free trade being given the go-by when it comes to agriculture. The lead for it, significantly, has come from the Centre, whether in the form of not allowing exports of onion at below $ 700 a tonne or imposing stockholding...
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Govt caps prices of new drugs to treat diabetes, hypertension -Sushmi Dey
-The Times of India NEW DELHI: New medicines for treatment of diabetes, hypertension and pneumonia are set to be cheaper from Diwali. Drug price regulator National Pharmaceutical Pricing Authority (NPPA) has capped prices of as many as 18 new brands of essential medicines, most of which are expected to be launched in the market within a fortnight. The regulator has brought these medicines under price regulation using paragraph 5 of the Drugs...
More »Health ministry against task force proposal to hike prices of vital drugs -Sushmi Dey
-The Times of India NEW DELHI: A government task force has recommended changes in the existing drug price regulation which could result in a spike in prices of essential medicines. These include suggestions to pull several medicines out of price control, which is likely to impact drugs used in treatment of diabetes, cancer and cardiovascular diseases as well as antibiotics. "There is a need to review the implementation of DPCO (Drugs Price...
More »Medicines for diabetes, infections to cost 40% less -Rupali Mukherjee & Sushmi Dey
-The Times of India MUMBAI/NEW DELHI: Medicines widely used to treat diabetes, infections, pain and digestive disorders will cost 5-40% less with immediate effect, with the drug price regulator issuing an order to fix the prices of 39-odd formulations. The National Pharmaceutical Pricing Authority's (NPPA) order, issued on Wednesday, includes drug combinations such as ciprofloxacin hydrochloride, cefotaxime, paracetamol, domperidone and metformin + glimepiride and amoxycillin + potassium clavulanate. These drugs and combinations are...
More »Drug pricing policy irrational, re-examine it, Supreme Court tells Centre
-The Times of India NEW DELHI: The Supreme Court on Wednesday asked the Centre to re-examine its drug pricing policy for essential medicines, calling it "unreasonable and irrational" as the price of some medicines is at around 4000% higher than what has been fixed by some state governments. A bench headed by Justice TS Thakur asked the ministry of chemicals and fertilizers to analyze and give explanation why the controlled price of...
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