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Drug price regulation saved Rs 4,988cr in 2 yrs: Govt

-The Times of India NEW DELHI: Various drug price regulatory measures by the government helped consumers save Rs 4,988 crore over the last two years, Rajya Sabha was told on Thursday. Following approval of the pharmaceutical pricing policy in 2012, the government has capped prices of essential medicines at least three times since 2013, when the policy was first implemented by the National Pharmaceutical Pricing Authority through the Drugs Price Control Order...

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Drugs for BP, cancer among 54 to see up to 55% price cut -Sushmi Dey

-The Times of India NEW DELHI: Drug pricing regulator National Pharmaceutical Pricing Authority (NPPA) has slashed prices of 54 essential medicines by up to 55%, including commonly used drugs for cancer (brain and breast), hypertension, diabetes, antibiotics and other heart disorders. The move is aimed at bringing down prices of commonly used drugs for critical diseases by expanding span of price regulation to cover new drugs, NPPA Chairman Bhupinder Singh told TOI. In...

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Drug pricing: a bitter pill to swallow -Feroze Varun Gandhi

-The Hindu Medicines remain overpriced and unaffordable in India. In a country mired in poverty, medical debt remains the second biggest factor for keeping millions in poverty. The international pharmaceutical industry has found its cash cow in India’s beleaguered consumers. With a minimum wage of Rs.250/day for a government worker, a basic wage worker afflicted with a chronic disease like multi-drug-resistant tuberculosis faces penury. His treatment, with drug combinations, which works out...

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Not a good prognosis -Amit Sengupta

-The Hindu The health sector typifies the hands-off policy of the government in areas that impact welfare and livelihoods. An air of anticipation and optimism greeted the formation and installation of the new government in 2014. A widely held view was that it would be much more decisive than the previous dispensation in providing some direction to public policy. Twenty months have passed and the initial sense of optimism has been replaced...

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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...

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