'This is carnage', says SC on markup of 10 times on cancer drugs by hospitals
The Supreme Court criticized hospitals for marking up cancer drug prices by ten times, calling it "carnage." The court urged the Centre to implement a uniform 16% margin on all medicines, highlighting that a cancer drug priced at ₹27,000 is supplied to retailers for just ₹2,700. The court's comments come as it hears petitions on medicine price regulation and patient treatment concerns.