Drug Prices
Trump's plans to cut drug prices in US may impact Indian pharma landscape
Trump's executive order, dated May 12, seeks to establish a mechanism through which American patients can buy their drugs directly from the manufacturers
 "Trump's plans to cut drug prices in US may impact Indian pharma landscape")
Delhi Cabinet approves three health reforms, including OPD outsourcing
The Delhi Cabinet on Tuesday gave its nod to three major health sector reforms aimed at improving service delivery and infrastructure in government hospitals, including the setting up of a price monitoring and resource unit, and the outsourcing of OPD/IPD registrations and diagnostic services. Delhi Health Minister Pankaj Singh told PTI that the government, in its efforts to enhance health infrastructure, approved three key reforms on Tuedday. He said that the three agenda items -- centred on price regulation, operational outsourcing, and PPP-driven diagnostic services -- reflect the government's focus on strengthening healthcare delivery and governance in the capital. Every day, the Delhi government is taking steps to provide the best facilities in our hospitals, Singh said.
 "Delhi Cabinet approves three health reforms, including OPD outsourcing")
Cardiac stents to cost 2% more as regulator allows prices to be raised
National Pharmaceutical Pricing Authority allows manufacturers to make adjustment for inflation
 "Cardiac stents to cost 2% more as regulator allows prices to be raised")
NPPA under fire for 50% rise in drug prices, panel demands explanation
Parliamentary panel slams drug pricing regulator for hike on 11 drugs used for treating conditions such as asthma, glaucoma, thalassemia, tuberculosis, and mental health disorders
 "NPPA under fire for 50% rise in drug prices, panel demands explanation")
NPPA sets retail prices for 65 drugs, revises ceiling for 20 formulations
The ceiling prices of seven other drugs were revised to include the impact of the 0.00551 per cent increase in drug prices in the National List of Essential Medicines
 "NPPA sets retail prices for 65 drugs, revises ceiling for 20 formulations")
Imports of bulk drugs grew by 13.06% in April-May as prices cooled
Industry insiders say pharma players are taking advantage and stocking up on APIs
 "Imports of bulk drugs grew by 13.06% in April-May as prices cooled")
Indian pharmaceutical companies likely to cash in on US drug shortages
US drug shortages hit a decade-high of 323 across 22 therapies in the March quarter of 2024
 "Indian pharmaceutical companies likely to cash in on US drug shortages")
Panel formed to administer pricing reforms for drugs, medical devices
Centre constitutes Committee for reforms in pricing framework for drugs and medical devices
 "Panel formed to administer pricing reforms for drugs, medical devices")
Cipla, Ipca Lab, Zydus Life to benefit most from drug price rise: Analysts
The recent price hike, analysts said, brings some respite for the industry facing multiple headwinds such as steep raw inflation, price erosion in the US market and higher freight costs.
 "Cipla, Ipca Lab, Zydus Life to benefit most from drug price rise: Analysts")
Power crisis brewing in China likely to hit Indian pharma companies
Delays in consignments, rising prices of key ingredients worry industry
 "Power crisis brewing in China likely to hit Indian pharma companies")
NPPA allows 50% price hike for ibuprofen, ranitidine, carbamazepine
These are scheduled drugs (or ones that are under price control) and low priced
 "NPPA allows 50% price hike for ibuprofen, ranitidine, carbamazepine")
Donald Trump signs new, expanded executive order to lower US drug prices
Donald Trump signed a new executive order on Sunday aimed at lowering drug prices in the United States by linking them to those of other nations and expanding the scope of a July action
 "Donald Trump signs new, expanded executive order to lower US drug prices")
Drug price monitoring unit set up in Karnataka under aegis of NPPA
The government on Thursday said aprice monitoring and resource unit (PMRU) has been set up in Karnataka under the aegis of the National Pharmaceutical Pricing Authority (NPPA)
 "Drug price monitoring unit set up in Karnataka under aegis of NPPA")
More drugs may see price revisions as raw material costs, expenses rise
API prices have gone up by 25-30 per cent for some drugs in recent months
 "More drugs may see price revisions as raw material costs, expenses rise")
Remdesivir pricing in India likely to be lower than global rate: Sources
Indian companies await clarity from the drug regulator on animal toxicology study before they can launch here
 "Remdesivir pricing in India likely to be lower than global rate: Sources")
A lesson to learn: Economic problems can have counter-intuitive solutions
From drug price ceiling to additional duties on steel imports and export ban to counter onion shortage - govt response to several problems shows the lessons may not have been learnt, writes T N Ninan
Novartis, Merck, Allergan raise US prices, 445 drugs to cost more in 2020
That is above the average of 404 drug price increases in the first three days of January over the past five years
 "Novartis, Merck, Allergan raise US prices, 445 drugs to cost more in 2020")
Govt reviews industry's demands to implement changes in drug price policy
A senior government official said the industry has been requesting for an amendment to allow them to implement the price change from the next batch.
 "Govt reviews industry's demands to implement changes in drug price policy")
Best of BS Opinion: Green shoots in financial sector, price hike, and more
Kanika Datta sums up the best of BS Opinion articles: from why the public should be consulted in redesigning New Delhi and why the government must not control drug prices.
 "Best of BS Opinion: Green shoots in financial sector, price hike, and more")
Price hike, at last
Govt should not control drug prices
 "Price hike, at last")
