GoM on Pharma Policy Meets Industry, Consumer Bodies (India)
This article was originally published in PharmAsia News
Executive Summary
An India Group of Ministers (GoM) is currently hearing arguments from drug-manufactures and consumer advocates regarding the national regulation of drug prices. Currently, the government maintains a list of "essential" pharmaceuticals for which it sets price caps in hopes of ensuring these medications reach the nation's poorer citizens. Representatives for the pharmaceutical industry argued that drugs in India are already far more inexpensive than in surrounding countries. Ranbaxy Chairman and Managing Director Malvinder Mohan Singh pointed out that although India makes up 14 percent of its total sales, it accounts for only 1 percent in terms of value. He contested that even if costs were further limited, the country does not posses the capabilities to ensure drugs reach those in remote areas. Consumer advocates who addressed the committee called for the creation of a government organization, which would be responsible for regulating the pharmaceutical industry, including cost monitoring. (Click here for more
You may also be interested in...
FDA’s New Dataset Aims To Assist Labs In Assessing Medical Device Biocompatibility
The US FDA’s device center has unveiled a new public dataset designed to assist chemistry laboratories in ensuring the robustness of chemical characterization methods used to assess the biocompatibility of medical devices.
Sanofi Prepares Pulmonologists As Dupixent Nears COPD Finishing Line
The French drugmaker has identified education as a key challenge ahead of its June action date for the huge-selling IL4/IL-13 inhibitor in the lung condition. An approval would make it the first biologic for the disease.
Global Pharma Guidance Tracker – March 2024
Stay up to date on regulatory guidelines from around the world with the Pink Sheet's Guidance Tracker. The complete Global Pharma Guidance Tracker, with sortable and searchable listings going back to 2014, is available online.