Page 2 - Drug Prices
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")
HC rulings on arbitration to drug prices, here're the key court orders
The Supreme Court has ruled that a hospital trust buying flats to accommodate its nurses could be called a 'consumer' under the Consumer Protection Act
 "HC rulings on arbitration to drug prices, here're the key court orders")
Govt considering one-time settlement option in drug overcharging cases
Pharma companies feel that working out an overarching solution for the entire industry is cumbersome and unlikely to work out
 "Govt considering one-time settlement option in drug overcharging cases")
Bills for pills: Antibiotics could be govt's next segment for price cap
Centre likely to consider rationalising trade margins
 "Bills for pills: Antibiotics could be govt's next segment for price cap")
Price cap on cancer drugs likely to dent profit margins of hospitals
Industry insiders pointed out that almost 70% of oncology drugs are sold through the hospital channel
 "Price cap on cancer drugs likely to dent profit margins of hospitals")
DPCO amendment may benefit MNC device makers by allowing price control
Local industry fears global firms will register equipment as 'innovative' to secure price control waiver for 5 years
 "DPCO amendment may benefit MNC device makers by allowing price control")
Rs 11,000 cr benefit to people from fixing medicine prices: Union minister
To make medicines affordable, the government capped prices of 855 medicines and some medical devices, says minister
 "Rs 11,000 cr benefit to people from fixing medicine prices: Union minister")
CCI says drug prices high in India due to unreasonable trade margins
Indian healthcare sector is prone to various industry practices which have the effect of choking competition
 "CCI says drug prices high in India due to unreasonable trade margins")
Drug firms face NPPA heat for violating price norm
Pharma pricing regulator has asked companies to furnish details of batch-wise production and sales
 "Drug firms face NPPA heat for violating price norm")
Drug price order might cover devices
Proposed amendment to also state formula to decide drug prices
 "Drug price order might cover devices")
Japan to review drug prices annually rather than every two years: Sources
The move reflects growing resistance to rising drug prices around the world
 "Japan to review drug prices annually rather than every two years: Sources")
Fixing drug prices helped consumers save Rs 5K cr: Govt
It had fixed ceiling prices of 530 scheduled formulations in accordance with DPCO 2013
 "Fixing drug prices helped consumers save Rs 5K cr: Govt")
Cancer drug prices highest in US, least affordable in India, China: Study
But the treatments are least affordable in lower income countries
