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India Set To Change Drug-Pricing System

This article was originally published in PharmAsia News

Executive Summary

India's government is set to begin a new pricing system for pharmaceuticals, with thousands of the drugs expected to become available at lower prices. The new policy would end the drug maker practice of changing the size of a drug package or its potency to qualify for being allowed to charge higher prices. Instead, prices would be regulated on a pro-rated system that fixes a price for all strengths of a drug if the price is fixed for one. A new system also is seen as a way to get around the long delays by the government in catching up to a drug maker's price change. (Click here for more
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