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MRP OF DRUGS
NPPA asks companies to cut prices of three cancer drugs post tax reliefIn a move aimed at providing relief to cancer patients, the National Pharmaceutical Pricing Authority (NPPA) has directed drug manufacturer...
Govt asks manufacturers to cut price of 3 anti-cancer drugsThe government has directed manufacturers to lower prices of Trastuzumab, Osimertinib, and Durvalumab after exempting them from customs dut...
Regulate medical devices in phased manner: CompaniesThe National Pharmaceuticals Pricing Authority (NPPA) has called a meeting with stakeholders on July 1 to ensure that medical devices aren’...
Govt's new proposal: Manufacturer to pay penalty for entire batch if single drug found substandardThere are usually 10,00 to one lakh units in a batch, but the number of drugs - which can be in the form of tablets or liquid - in a batch ...
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.
NPPA directs pharma companies to pass on lower excise duty benefitMedicine prices are set to become cheaper with drug pricing regulator NPPA directing drug makers to pass on benefits of lower excise duty t...
National Pharmaceutical Pricing Authority asks companies to reveal MRPs of medical devicesThe FDA report gave several examples of drug eluting stents being imported for about Rs 40,000 but with the MRP shown as approximately Rs 1...
- Prices of 80 drugs cut by up to 38%
Govt has reduced prices of 80 medicines by as much as 38% while increasing prices of about 24 formulations as part of its periodical price ...
- Pharma companies open to milder alternative pricing mechanism
This will help allay government's fears of a spiraling of medicine prices if a market-based model, originally sought by the pharma companie...
- Relief in offing for pharma cos as excise abatement on MRPs may rise
Pharmaceutical companies, which do not make drugs in excise exempt states, can look forward to a relief in the forthcoming Union Budget.
- 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...
- MRP of drug to include local tax: Paswan
From October two, the printed Maximum Retail Price on any drug would also include local tax and buyers would not have to pay any additional...
- 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.