
Even WHO finds essential drugs in India priced much higher than manufacturing cost
World Health Organization WHO has also established that even essential drugs in India with lowest printed Maximum-Retail-Price MRP are exorbitantly priced over manufacturing-cost followed by abnormally high trade-margin between ex-factory price and MRP.
National Pharmaceutical Pricing Authority NPPA is considering capping of profit-margins of 73 more drugs but leaving out many more again. It is beyond understanding why and how NPPA does not have a profit-formula uniformly for all drugs at a time when even generic medicines considered to be a cheaper version of respective branded medicines have exorbitant trade-margins of several hundred percent. Competition Commission of India CCI and Central Information Commission CIC have taken cognizance of serious issue. There are many medicines whe...