• SENSEX
    NIFTY 50
Healthcare

Public saved Rs 11,463 crore from drug price cap, says minister

Updated : July 25, 2018 06:34 AM IST

Till June 2018, the government has fixed the ceiling prices of 851 medicines, including 4 medical devices under revised schedule - I based on National List of Essential Medicines, 2015.
The National Pharmaceutical Pricing Authority (NPPA), as an ongoing process, fixes the ceiling prices of the formulations as and when formulations are included in the National List of Essential Medicines (NLEM). 
The minister added that manufacturers of non-scheduled medicines can increase more than 10 percent on the ceiling prices.
Public saved Rs 11,463 crore from drug price cap, says minister
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV