MoF against market-based drug pricing

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Abantika Ghosh: New Delhi, Nov 08 2012, 03:01 IST
of data that would be required on an annual basis to implement a cost-based pricing system is perceived by the industry as intrusive and hence, vehemently opposed.

Moreover, cost-based pricing limits the scope of entry of new players, leading to stagnation of production activity, competition, and may eventually have serious implications for the availability of NLEM medicines.

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