New India drug policy

May 21, 2013

AUTHORITIES in India have approved a new policy which will regulate the prices of more than 650 generic medicines. The new National Pharmaceutical Pricing Policy will become effective in Jul, with drugs classified into 27 therapeutic areas and prices expected to be cut by 20-25% on average. The arrangements will see the maximum price of each medication set as the weighted average price of all variants which have a “volume-based market share” of over 1%.

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Pharmacy Daily | New India drug policy

New India drug policy

Other recent headlines

PD breaking news – Pharmacists to administer NIP vaccinations in aged care

PD breaking news – Top Western Australian talent honoured

Legal action for Montu

SEARCH PHARMACY DAILY

Featured video

Recent issues

INDUSTRY JOB VACANCIES