2017 Yearend

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Govt's cheaper medicare drive pinches pharmaceutical sector, private hospitals in 2017
Business

Govt's cheaper medicare drive pinches pharmaceutical sector, private hospitals in 2017

While the government's directive to doctors to prescribe only generic names unsettled pharma companies, the NPPA's (National Pharmaceutical Pricing Authority) move to cap prices of medical devices such as stents and knee implants created discomfort for the manufacturers.