Govt Plans 30% Trade Margin Cap on Anti-cancer Drugs, Cancer Medicine Prices Likely to Fall by 70%; Press Release

Pharmacy
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Government has approved a cap on the margins charged in the supply and sale of non-scheduled anti-cancer drugs, it announced via press release.

Chief justice highlighted that there are essential medicines for cancer for which MRP is Rs 27,000 and PTR (Price To Retailer) is Rs 2,700. He called this ‘absolute rampage and carnage’ and ‘broad daylight dacoity’ with the patients.

What do you think about this? Are such price caps present in other countries as well?

Full Story Here: Govt. Caps Cancer Meds Trade Margin by 30%

Anticancer drugs
Anticancer drugs5055×3370 2.67 MB

MBH/AB

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Good move, but the real test is enforcement. Price caps look great on paper until the supply chain finds a workaround.