Price restrictions for the drugs sold in India should be on check, recommends a parliamentary committee. The law allows the National Pharmaceutical Pricing Authority (NPPA) regulator to fix prices of drugs on a list of essential medicines and keep prices in check.
A standing committee with a panel of 31 lawmakers on chemicals and fertiliZers, noted in a report that all medicines should be available in the market at an affordable price.
Choose The Right Over-the-Counter Drugs for Allergy
Over-the-counter (OTC) drugs can be bought without a prescription. OTC allergy medications are for the allergy sufferer to choose the right over-the-counter drugs.
Advertisement
About 12% of the medicines sold nationwide are currently under price caps, including 348 drugs classified as essential medicines. Though the companies are allowed to hike their prices by up to 10% a year, the government regulates the prices of all other medicines.
DG Shah, Secretary general, Indian Pharmaceutical Alliance (IPA) said, "It is a part of the policy. Pharmaceutical companies don't get a chance to hike prices (more than once) a year. This price hike is linked to inflation."
![Chemical Strategy Hints at Better Drugs for Diabetes, Osteoporosis]( "Chemical Strategy Hints at Better Drugs for Diabetes, Osteoporosis")
UW-Madison graduate student Ross Cheloha and his mentor, Sam Gellman, along with collaborators at Harvard Medical School, have built a version of a parathyroid hormone that resists degradation in laboratory mice, by swapping replacement parts into the backbone of a synthetic hormone.
All the drugs on the government's HIV/AIDS and tuberculosis control programs are likely to be added to the list of drugs subject to price caps.
Both local and foreign drug makers in India oppose the restrictions on price caps though the government earlier allowed pharmaceutical companies to hike rates of 509 essential medicines used for diabetes, hepatitis and cancer by 3.84%.
Source: Medindia
Chemical Strategy Hints at Better Drugs for Diabetes, Osteoporosis
UW-Madison graduate student Ross Cheloha and his mentor, Sam Gellman, along with collaborators at Harvard Medical School, have built a version of a parathyroid hormone that resists degradation in laboratory mice, by swapping replacement parts into the backbone of a synthetic hormone.
Advertisement
All the drugs on the government's HIV/AIDS and tuberculosis control programs are likely to be added to the list of drugs subject to price caps.
Both local and foreign drug makers in India oppose the restrictions on price caps though the government earlier allowed pharmaceutical companies to hike rates of 509 essential medicines used for diabetes, hepatitis and cancer by 3.84%.
Source: Medindia
Three New Studies on Drugs for Diabetes and Kidney Disease
The American Society of Nephrology's Annual Kidney Week saw three new studies presented that offered new information on the drugs that are being tested in diabetic and kidney disease patients.
Advertisement
 Drugs for Diabetes, Obesity May Prove Useful in Hepatitis CA new research led by the University of Leeds has found that common drugs used to treat conditions such as diabetes and obesity can be used to successfully treat hepatitis C virus infection. | Advertisement
|
Advertisement
Recommended Reading
Latest Drug News
The CDSCO has approved the intravenous administration of AstraZeneca Pharma India's liver cancer drug, Tremelimumab Concentrate.
The FDA advises consumers not to use compounded medications as an alternative to known diabetic and weight reduction medications Ozempic, Rybelsus, and Wegovy.
Addressing the unmet needs of Parkinson's Disease by providing disease-modifying therapies could bring about a major shift in the way that patients are treated.
Microrobots could swirl through a person's blood stream, search for targeted areas to treat for various ailments.
Supplementation with multivitamins is an inexpensive way for older adults to slow down memory loss.