Trade margin of the 9 non-scheduled cancer drugs capped at 30%The new list of drugs is in continuation to the government’s efforts to curb profiteering on vital drugs
1 min read15 May 2019Medicines under price control will be identified by a NITI Aayog committee instead of NPPAThe new order also ends the existing mechanism in which drugs declared essential would automatically come under price control
3 min read22 Jan 2019The government had exempted innovative medicines made by foreign firms from price caps for five years
2 min read5 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 2019NGOs, however, have criticised the decision saying it shrinks the space to make medicines more affordable
1 min read4 Jan 2019NPPA says while the retail price of 55 scheduled formulations has been fixed, that of 10 has been revised and fixed ceiling prices of three scheduled formulations
1 min read2 Nov 2018We are seeing an alarming spike across developing countries in the prevalence of non-communicable diseases
4 min read3 Sep 2018Novartis is supportive of Donald Trump's continued campaign to lower drug prices, won't raise prices of its drugs for the remainder of this year, says CEO Vasant Narasimhan in an interview
6 min read22 Aug 2018Donald Trump says the prices of prescription drugs made by Pfizer, Novartis and other pharmaceutical companies are too high
1 min read8 Aug 2018While it does appear as if the worst is behind the pharmaceutical sector, the recovery is not going to be rapid and companies have a long road ahead of them
1 min read7 Jun 2018The 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