Pharma companies request government to raise ceiling prices, says report
Updated : August 23, 2018 08:55 AM IST
The pharmaceutical companies have asked the government to raise the ceiling prices of drugs, at least on a temporary basis.
The request comes in as the prices for the raw materials and the squeeze in margins are compelling the drug firms to cut their production, which can impact the availability.
The ceiling price for these drugs have been set by the National Pharmaceutical Authority (NPPA) and is reviewed every year.