The Indian government imposes a 30% margin cap on 137 cancer drugs, leading to potential price reductions of up to 70% starting November 9
India's government capped trade margins at 30% for 137 non-scheduled anti-cancer drugs. Prices of these drugs will drop by up to 70% starting November 9. Experts found average trade mark-ups on such drugs at 170 percent.
- The National Pharmaceutical Pricing Authority capped trade margins at 30% on 137 non-scheduled anti-cancer drug formulations.
- Experts found non-scheduled anti-cancer drugs have an average trade mark-up of 170 percent.
- The Supreme Court said all non-patented drugs and consumables should be price-controlled.
- Prices of 137 non-scheduled anti-cancer drugs are set to decrease by up to 70% starting November 9.
Outlets: Business Standard, Hindustan Times, Mint, The Indian Express, Times of India (Top)
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