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New drug policy by mid-November, Government tells Supreme Court -J Venkatesan

-The Hindu People have to go hungry for paying the medicine bill, says Judge The Union government on Thursday told the Supreme Court that it would put in place by mid-November a Drug Price Control Order (DPCO) after the Union Cabinet’s approval. Last week, the Bench asked the government to spell out a time frame within which a new policy would be put in place. On Thursday, Additional Solicitor-General (ASG) Siddarth Luthra told a...

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Govt to bring essential medicines under price control -Kounteya Sinha

-The Times of India India will, for the first time, put a cap on the maximum price at which essential drugs, like some commonly used anti-AIDS and anti-cancer drugs, besides a horde of painkillers, anti-TB drugs, sedatives, lipid lowering agents and steroids, can be sold in the country. In a landmark decision, a group of ministers (GoM) headed by agriculture minister Sharad Pawar on Thursday cleared the proposal to bring all 348...

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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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Prices of 348 essential drugs to be controlled

-The Times of India The Centre on Thursday responded to the Supreme Court's concern over spiralling prices of essential medicines and promised to make all-out efforts to put under strict price control regime all the 348 drugs included in the National List of Essential Medicines (NLEM), 2011. A bench comprising Justices G S Singhvi and S J Mukhopadhaya had, in the last hearing, expressed concern over the shrinking list of medicines under...

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New pharma policy to cap prices of 60% drugs by Namrata Nandakumar & CH Unnikrishnan

India’s new pharmaceutical policy seeks to bring at least 400 essential medicines—or 60% of the drugs sold in the country—under the government’s pricing control. The department of pharmaceuticals on Friday put out a draft policy, pending since 2005, after a committee prepared a list of essential medicines, laying down new rules governing drug pricing. Currently, the government controls the prices of only 34 essential medicines. The draft says the policy, to be finalized...

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