1. Cancer drug margins hit 700% as centre moves to curb excessive pricing

Cancer drug margins hit 700% as centre moves to curb excessive pricing

India

  • The Centre told the Supreme Court cancer-drug trade margins can reach 700%.
  • The government proposes capping margins on non-scheduled cancer medicines at 30% of MRP.
  • Officials expect the proposed cap to reduce cancer-drug prices by 20% to 70%.
  • The Centre estimates the measure could save patients ₹2,500 crore annually once implemented.

Source: ndtvprofit.com

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