New drug pricing regime comes into effect

The National Pharmaceutical Pricing Authority (NPPA) is still scouting for the partners to roll out the ambitious project of SMS-based helpline through which the consumers will be able to choose the cheapest brand of a drug prescribed by doctors.

Drug price regulator National Pharmaceutical Pricing Authority (NPPA) has denied a price hike to Sanofi, Novartis, and Allergan for some of their imported products.

The department of pharmaceuticals has asked the National Pharmaceutical Pricing Authority to review Eli Lilly’s imported insulin prices, kept in check in recent months.The move could result in prices of imported insulin rising, against the regulator’s attempt to pull these down. The department, in a recent order, asked NPPA to revisit prices fixed for Eli Lilly’s five imported insulin products and bring these at par with other imported products.It also asked the regulator to ...

The National Pharmaceutical Pricing Authority has named a number of drug makers for allegedly overcharging consumers for many essential medicines, amounting to a total of Rs 2,362 crore (Rs 23.62 billion) over the past few years.Those named include prominent firms such as as Cipla, Dr Reddy’s Labs and Ranbaxy.According to the regulator, Cipla has overcharged consumers on several essential medicines such as formulations based on salbutamol, cloxacillin, ciprofloxacin and norfloxacin.Prices ...

Related to : Dr Reddys Laboratories Ltd Dr Reddys Laboratories Ltd BSE 17 May 13 | 12:00 AM 2077.65 -38 (-1.8%) NSE 17 May 13 | 12:00 AM 2078.30 -40.65 (-1.92%) Hyderabad-based pharmaceutical major Dr Reddy's Laboratories Limited has welcomed ...

Pharmaceutical companies should be allowed to continue to fix their own prices for individual drugs, according to a new report from 2020health. The independent health think tank report "Value-based pricing: the wrong medicine for the nation?" ...

Research and Markets (http://www.researchandmarkets.com/research/pr4lpw/the_worldwide) has announced the addition of the "" report to their offering. Provides insight into pharmaceutical pricing and reimbursement systems around the world! The issues ...

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/PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at AVEO Pharmaceuticals, Inc. ("AVEO" or the "Company") (NASDAQ: AVEO).(Logo: ...