This site is intended for Healthcare professionals only.
×

Rs 11000 crore benefit to people from fixing drug prices: Minister


Rs 11000 crore benefit to people from fixing drug prices: Minister

The Minister, who was replying during the Question Hour, said that to make medicines affordable, the government capped prices of 855 medicines and some medical devices.

New Delhi:  Fixing of medicine prices has resulted in Rs 11,000 crore benefit to people, Minister of State for Chemical and Fertilisers, Mansukh L Mandaviya told Rajya Sabha.

The Minister, who was replying during the Question Hour, said that to make medicines affordable, the government capped prices of 855 medicines and some medical devices.

He said the government has notified the Drug (Prices Control) Order (DPCO) to control and regulate the prices of medicines in the country.

The prices of drugs are fixed by National Pharmaceutical Pricing Authority as per the provisions of DPCO and it does not distinguish between patented and non-patented drugs for fixing the ceiling prices of scheduled medicines, he said.

Read Also: Steps to check High Drug Prices: Minister apprises Parliament

The following two tabs change content below.
MD Team

MD Team

At Medical Dialogues, we are a team of young professionals strongly advocating of the transparency in the medical sector through the free flow of medical information, health and medical news. MD Team covers a variety of news related to the healthcare, pharma and medical device industry in India. Our team can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751


Source: PTI
0 comment(s) on Rs 11000 crore benefit to people from fixing drug prices: Minister

Share your Opinion Disclaimer

Sort by: Newest | Oldest | Most Voted