-The Times of India About 38 million people in India (which is more than Canada's population) fall below the poverty line every year due to healthcare expenses, of which 70% is on purchase of drugs. Yet, the much-awaited drug price control order (DPCO) 2013, meant to control the price of medicines does not cover over 80% of the medicines in the market. Many drugs crucial for India's disease profile have been...
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Drug price control covers too little, riddled with loopholes -GS Mudur
-The Telegraph New Delhi: The price caps imposed by the Indian government on 348 drugs earlier this year have created only an illusion of control, keeping many medicines for conditions ranging from asthma to diabetes and heart disease beyond price regulations, experts said today. The price control order issued by the department of pharmaceuticals in May has led to a 22 per cent reduction in the average cost of some 250 medicines,...
More »Indian biotech aiming to be $100 billion sector by 2025: Shaw
-PTI NEEMRANA (RAJASTHAN): Indian biotechnology sector is looking to be a $100 billion sector by 2025, Biocon chief Kiran Mazumdar-Shaw said here on Saturday. "We want to make Indian biotechnology a $100 billion sector by 2025. I really believe this can be done if we have right policies in place, right resources and right investments," Biocon chairman and managing director Kiran Mazumdar-Shaw told PTI. She was speaking on the sidelines of the third...
More »Questions about India’s drug industry-Narayan Lakshman
-The Hindu Unless a deeper, institutional change is ushered in to break the nexus between drug companies and the regulatory regime, Indians consuming drugs may be exposing themselves to serious risks Even before I walked into the Mayflower Hotel in the heart of Washington on a crisp autumn afternoon to meet Dinesh Thakur, whistle-blower and former director of India-based pharmaceutical giant Ranbaxy, I had a hunch that this conversation would spark some...
More »No Anganwadi for homeless-Yoshita Sengupta
-DNA An allocation of Rs 17,700 crore in the 2013-2014 Union Budget but not a single accountable rupee spent for pre-school education or a plate of food for the homeless children in Mumbai. Yoshita Sengupta investigates the absence of homeless children from ICDS registers Mumbai: In 2010, Ms. Rekha, a homeless woman living on the footpath in Mumbai in her last month of pregnancy, slipped while trying to cross a wall. She...
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