Government forms panel to make drugs more affordable
The committee would also review the scope of Drugs (Price Control) Order 2013 (DPCO 2013) and suggest ways for strengthening the regulatory provisions of the order.
Major price cut in cancer, diabetic drugs: Regulator
The prices of other important cancer drugs, such as Nanoxel (Rs 1,035) and Frastim (Rs 1,273) have been slashed by 55 per cent and 51 per cent respectively.
Mar 06, 2017, 23:37 PM IST
'Govt must scale up production of active ingredients of drugs'
The Centre should scale up the production of active ingredients used in drugs to meet the country's need, a government institute has said after it found that over 95 percent of the samples examined during a survey were sourced from China.
Feb 26, 2017, 10:49 AM IST
Donald Trump's push for lower drug prices to benefit Indian pharma
Indian pharmaceutical sector is likely to gain, rather than being impacted, as the new US President Donald Trump aims to reduce drug prices since the country's generic medicines are already affordable, according to industry players.
Jan 26, 2017, 11:15 AM IST
'Withdrawing customs duty may lead to hike in medicine prices'
The government's move to withdraw customs duty exemption on imports of around 74 drugs would help in local production of bulk drugs and thereby create demand for the local production but it may also lead to rise in prices for these medicines.
Feb 07, 2016, 19:05 PM IST
Turing CEO Martin Shkreli arrested in securities fraud probe
Martin Shkreli, a lightning rod for growing outrage over soaring prescription drug prices, was arrested in New York by the FBI on Thursday on securities fraud charges involving his former hedge fund and a pharmaceutical company he previously headed.
Dec 17, 2015, 23:42 PM IST
Supreme Court court seeks review of drug pricing policy
The Supreme Court has asked the central government to reexamine its pricing policy for essential medicines after a group of non-governmental organisations challenged the provisions, a lawyer involved in the case said.
Jul 16, 2015, 19:22 PM IST
China lifts price controls on most medicines
In a major reform in its mostly state-controlled health sector, China Tuesday announced that it will lift price controls on most medicines from next month in a bid to keep drug prices in check by adopting market-driven pricing system.
May 05, 2015, 18:16 PM IST
615 drugs under control regime, more steps in offing: Govt
Government said that by next month, it will come out with a new list of life-saving drugs whose prices would be controlled.
Dec 18, 2014, 15:19 PM IST
Cipla gains after April-June margins expand sequentially
Shares in drugmaker Cipla gain after April-June operating margins beat some estimates.
Aug 18, 2014, 12:33 PM IST
CII seeks PM's intervention over drug price fixing
Industry chamber CII has sought Prime Minister Narendra Modi's intervention over "unilateral fixing" of drug prices by NPPA saying the exercise based on "an inequitable formula" has done collateral damage to indigenous industry.
Jul 28, 2014, 18:00 PM IST
