The news regarding the government plans on finalising a policy to cap margins of medicines and medical devices across the supply chain has been in the headlines recently. Now, a group of civil society bodies have opined that this move alone will not help make these products affordable. They have written to Minister of Chemicals […]

The government’s proposal to cap trade margins for all medicines outside price control at 30% has been agreed by the domestic drug industries and trade. This move will reduce the prices of nearly 80% of formulations. The drug pricing regulator, pharma lobby groups and industry associations have reached in an agreement regarding the price control […]

The government has ordered the state drug controllers not to allow companies to sell the drug formulations in which the composition has been changed while retaining the old name. This order may affect several widely selling old household brands of medicine. According to the official sources, the Drugs Controller General directed state regulatory authorities on […]

In what’s said to be a move to stop pharma companies influencing doctors through expensive gifts, the government is coming out with a Rs. 1,000 ceiling on the value of such giveaways. It’s said that the government also contemplates a blanket ban on expensive “gifts” like luxury vacations and seminars. It’s considered that Rs.1000 would […]