Meril Life has sought a price exemption for developing unique, biodegradable stentsNPPA meet on Monday is likely to discuss the price exemption claim. If granted, it will be valid for five years
2 min read21 Jan 2019The provisions of DPCO 2013 shall not apply to 'drugs for treating orphan diseases as decided by the ministry of health and family welfare', says a government notification
1 min read4 Jan 2019Rise in prices of APIs after China crackdown on the manufacturers has affected small Indian drug makers
2 min read12 Nov 2018Meril has developed MeRes100, which it claims is the country's first locally made bioresorbable vascular scaffold, or naturally dissolving stent for clearing blockages in arteries
4 min read18 Jul 2018NITI Aayog's proposal link drug prices to wholesale inflation is likely to bring down medicine pricesa blow to the pharma industry
3 min read30 May 2018The overhaul of the drug pricing policy will be discussed at a meeting on 10 April at the PMO with experts from NITI Aayog, pharma dept, NPPA and the health ministry
1 min read5 Apr 2018Besides fixing retail price of 30 drug formulations, NPPA has also revised the prices of three formulations, including that of anti cancer drug Gemcitabine
1 min read17 Jan 2018Drug lobby groups allege that the Department of Pharmaceuticals is hoodwinking them by giving a very short notice to them to air their opinion on the proposed changes in the Drug Prices Control Order 2013
2 min read1 Nov 2017Quality control in the pharma sector is indeed an issue, but focusing on outcomes instead of micromanaging the means would be a better way to address this
1 min read24 Oct 2017Following reports of a shortage of coronary stents in hospitals, the government has blocked manufacturers from withdrawing their stents until December
2 min read28 Sep 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared