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Govt allows pharma companies to hike prices of 509 essential drugs

Last Updated: Wednesday, April 8, 2015, 14:35

The government has allowed pharmaceutical companies to hike rates of 509 essential medicines used for treating various ailments like diabetes, hepatitis and cancer by 3.84 percent with effect from April 1.

Patented drugs details sought from drug makers for price negotiation

Last Updated: Thursday, January 29, 2015, 23:04

In its drive to fix prices of patented drugs, national drug price regulator NPPA has sought complete details of such medicines sold in the Indian market from drug makers.

615 drugs under control regime, more steps in offing: Govt

Last Updated: Thursday, December 18, 2014, 15:19

Government said that by next month, it will come out with a new list of life-saving drugs whose prices would be controlled.

No clear gainers if Pharma FDI is capped

Last Updated: Saturday, November 30, 2013, 11:55

Moreover, Indian pharma industry is pretty fragmented, so it is difficult for few players to control the whole pharma market.

Medicine going beyond reach of common man, price not to be raised: SC

Last Updated: Thursday, October 11, 2012, 19:34

Supreme Court made it clear to the Centre that it should not form a pharma policy which may cause increase in the price of essential drugs.

SC asks Centre not to alter pricing system for essential drugs

Last Updated: Wednesday, October 3, 2012, 13:42

The Supreme Court on Wednesday asked the government not to alter the existing pricing system for essential medicines, a step which may allegedly lead to a steep hike in their prices.