Till June 2018, the government has fixed the ceiling prices of 851 medicines, including 4 medical devices under revised schedule - I based on the National List of Essential Medicines, 2015 (NLEM, 2015)
Non-scheduled drugs and diagnostic services constituted major components of charges billed to patients in four private hospitals with margins as high as 1,192 percent, drug pricing regulator NPPA said on Tuesday
Drug price regulator caps prices of 51 essential formulations used for cancer, heart, skin treatment
NPPA fixes ceiling price of essential medicines of Schedule I under the Drugs (Prices Control) Order (DPCO) 2013
The government has fixed GST rate of 12 percent on most of the essential drugs as against the current tax incidence of around 9 percent
Medicines like paracetamol and antibiotics like cefadroxil and cefazolin have been brought under the price control ambit for the first time
Prices may come down of 56 important medicines used in treatment of cancer, diabetes, bacterial infections and high blood pressure, with the government fixing their ceiling prices under the drug pricing control mechanism.