Decoding the national pharma pricing policy
Where does the new pharma pricing policy stand today?
Efforts are on to rescue the NPPP, which was caught in a gridlock between the GoM, led by the agriculture minister, and the finance ministry. While the former has proposed a market-based pricing policy to fix prices of essential drugs, the latter wanted the present cost-based policy to continue. The GoM, on the Prime Ministerís instruction, met the finance minister on Wednesday to clear the stand-off so that the disagreement doesnít reach the Cabinet. It is understood that differences have been resolved on key points and the finance minister has agreed on a market-based approach but not without recommending some changes in the main formula. It is also understood that the finance minister has agreed to restricting the span of price control to drugs in the National List of Essential Medicines, without including combination drugs and strengths not mentioned in the list.
How are our drugs regulated today and what is the NLEM?
At present, 74 bulk drugs and any formulationósingle ingredient
Be the first to comment.