India Sees Unusual Price Fluctuations of Medicines

After being removed from India’s national list of essential medicines, the prices of almost 100 drugs, including those for Alzheimer’s, diabetes and hypertension, may rise by up to 10%.

After being removed from India’s national list of essential medicines, the prices of almost 100 drugs, including those for Alzheimer’s, diabetes and hypertension, may rise by up to 10%. Previously the National Pharmaceutical Pricing Authority (NPPA) had prohibited such price shifts, but companies protesting the order could lead to the price increase of the largest number of medicines since April 2015. Yet consumers may not be that affected by these potentially more expensive drugs. Most of these medications have better cost effective alternatives that may still be in the revised list of essential medicines, and therefore still under the NPPA’s price regulations. —TSM

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