Government may extend caps to more drugs


The health ministry has formed a committee that will meet for the first time on Tuesday to consider raising the number of drugs deemed essential and subject to price caps, people directly involved in the process said. The committee will consider adding more drugs to the National List of Essential Medicines (NLEM), all of which would then come under price controls, one of the people told Reuters. The UPA last year raised the number of drugs that are subject to price controls to 348, up from 74 earlier, with a view to make medicines affordable for the 70% of people living on less than Rs.120 a day.

Source : http://www.business-standard.com/article/economy-policy/government-may-extend-caps-to-more-drugs-114062400232_1.html

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Categorised in: Pharma & Healthcare, Sector News

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