SC questions centre over medicine markups citing ₹15 to ₹250 price gap
- Supreme Court questioned Centre over massive gaps between medicine retail prices and wholesale purchase costs.
- The bench criticised current price regulation, describing National Pharmaceutical Pricing Authority as appearing totally defunct.
- The court highlighted extreme overpricing, citing drip lines bought for ₹15 but sold to patients for ₹250.
- The court challenged excessive hospital markups on essential medicines while reserving its order on pricing regulation.
Source: moneycontrol.com
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