India caps prices of 52 more 'essential' drugs – NPPA

The list will also include medicines for the treatment of cancer and skin disorders

Update: 2014-12-12 14:18 GMT
Picture for representative purpose only (Photo: DC archives)

Mumbai: India has capped the prices of 52 more drugs, including painkillers and antibiotics, the pricing authority said in a notice.

The additional drugs join a list of nearly 400 essential medicines that have so far been placed under price control in India, where a majority of the people live on under $2 a day and health insurance is scarce.

The new drugs to come under price control include commonly-used antibiotics and painkillers as well as medicines used for treating cancer and skin disorders, a notice on the National Pharmaceutical Pricing Authority (NPPA) website said. Companies including Lupin Ltd, Cadila Healthcare Ltd and Merck Ltd - the Indian arm of the US firm Merck & Co Inc - are among those selling drugs mentioned in the latest notice, the authority said.

 

Similar News