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MRP OF MEDICINES
Competition watchdog flags treatment pricing issues at private hospitals in Delhi-NCRThe Competition Commission of India observed that patients in Delhi-NCR super-speciality hospitals often depend on in-house services, creat...
Petrol, diesel price hike impact: From milk, onions, Blinkit deliveries to Uber fares & others, here's all that may get costlierPetrol, diesel price hike impact: Centre’s Rs 3 per litre hike in petrol and diesel prices may not feel massive immediately, but its ripple...
Roche brings 7-minute lung cancer shot to IndiaRoche Pharma India introduces a new injectable immunotherapy for lung cancer. This treatment takes only seven minutes, a significant reduct...
Hospitals warn Central Government Health Scheme reimbursement cap may hurt cancer treatmentA major private hospital group warns of a crisis for advanced cancer patients under the Central Government Health Scheme. A reimbursement c...
Medicines, medical devices to get cheaper from Sept 22 under new GST regimeThe government has mandated pharma companies to revise the Maximum Retail Price (MRP) of medicines, formulations, and medical devices by Se...
Companies told to revise MRP of duty-waived medicinesIn an office memorandum dated February 17, the nodal agency for price regulation has also directed these companies to issue a revised price...
Put price cap on medicines, hip & knee implants: Doctors to PMIn a letter to PM Modi, the Alliance of Doctors for Ethical Healthcare (ADEH) said these drugs and implants are also charged "exorbitantly"...
79 demand notices issued to drug cos for overcharging: GovtMinister Mandaviya said NPPA is taking action against companies which increased the prices of non-scheduled medicines.
Cap profits, cut drug prices: PanelThe recommendations have been put in the public domain by the Department of Pharmaceuticals, inviting comments on the suggestions.
- CAG seeks changes in duty norms for medicines
Medicine samples supplied to doctors burned a hole in government’s tax revenues prompting the Comptroller and Auditor General (CAG) of Indi...
- Pharma cos to hike insulin prices by up to 15%
Drug price regulator National Pharmaceutical Pricing Authority allows cos to up MRP of popular insulin brands by 15%.
- Small drug cos oppose MRP-based excise duty
The small scale pharmaceutical industry has sought Prime Minister Manmohan Singh’s help to remove anomalies created by maximum retail price...
- Antibiotics, pain killers,insulin get 3% cheaper
Medicines sold at government-set prices have become cheaper by nearly 3% after the country’s drug price regulator ordered a price cut in th...
- Chem ministry proposes 50% cut in excise duty on drugs
Excise duty sops given by states like Uttaranchal and Himachal to attract drug makers could partly be neutralised soon.
- Generics price cut may cause Rs 50-cr revenue loss for govt
The price reduction agreement for generic drugs worked out between the chemicals ministry and the pharmaceutical industry is likely to resu...
- Imported drugs get six-month extension for MRP compliance
It will take six more months before you see the maximum retail price (MRP), inclusive of local taxes, printed on consumer packs of imported...
- Govt extends new MRP norm
The Government has extended the deadline for imported drug formulations by six months to comply with the new labelling norm, which requires...
- New drug pricing no bitter pill for makers
Drug-makers need not worry about incurring losses due to the conflicts between the Centre’s price control and state governments’ tax system...
- Drug prices likely to fall by up to 4%
Never mind the therapeutic benefit of your anti-diabetic medicine, you will pay less for it, thanks to VAT.
- Centre plans excise rejig for job work, textile, pharma to take hit
The Finance Ministry has zeroed in on a policy measure that could impact the bottomlines of textile and pharma biggies, but bolster the gov...