Soon, drug makers will have to declare medicine cost price, MRP on labels

Pharma companies feat the move might hit their pricing strategies and put local firms in a disadvantageous position

Pharma companies might soon need to print the 'ex-factory'price of a medicine on the label, along with the maximum retail price, if a proposal by the country's drug regulator goes through.

According to a Livemint report, the Central Drugs Standard Control Organisation (CDSCO), which has made this proposal, has also mentioned that in case of imported drugs, the label will have to carry the 'landed price'.

CDSCO has recommended to the health ministry that Section 96 of the Drugs and Cosmetics Rules be changed to make such information mandatory on drug packaging. 

Section 96 of the Drugs and Cosmetics