Drug Prices News

News

NPPA caps prices of 9 non-scheduled cancer drugs by up to 87%

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 2019
Politics

Drug price regulator's wings clipped

Medicines 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 2019
Industry

Govt move to exempt key foreign-made drugs from price control draws flak

The government had exempted innovative medicines made by foreign firms from price caps for five years

2 min read5 Jan 2019
Politics

No price cap on new patented drugs for five years

The 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 2019
Industry

Govt removes price cap on innovative drugs for first 5 years

NGOs, however, have criticised the decision saying it shrinks the space to make medicines more affordable

1 min read4 Jan 2019
Politics

NPPA fixes retail price of 68 drug formulations

NPPA 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 2018
Opinion

Opinion | The need for growth in Indian biosimilars

We are seeing an alarming spike across developing countries in the prevalence of non-communicable diseases

4 min read3 Sep 2018
Companies

Novartis supportive of Donald Trump’s drug policy: CEO Vasant Narasimhan

Novartis 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 2018
News

Donald Trump says drug prices will drop ‘really, really substantially’

Donald Trump says the prices of prescription drugs made by Pfizer, Novartis and other pharmaceutical companies are too high

1 min read8 Aug 2018
Market

Pharmaceuticals: In relief to investors, the worst may be over

While 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 2018
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Budget

The 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

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