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India Considers Bulk Buys Of Costly MNC Devices, Drugs

This article was originally published in PharmAsia News

Executive Summary

Indian authorities are considering buying certain medical devices and drugs in volume to ensure they are more affordable to Indians who need them. Under the plan, multinational companies would be barred from having direct access to patients if they have a monopoly over expensive products. Government officials believe the companies also would benefit because they would have a massive contract for their products without the high cost of promoting them. Some drug makers already sell pharmaceuticals in India at prices lower than those they charge in developed countries. (Click here for more
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