Government Brings 42 Non-Scheduled Cancer Drugs Under Price Control
The government decided to cap the margin at 30 percent for 42 non-scheduled anti-cancer drugs.
The government has decided to bring 42 non-scheduled anti-cancer drugs under price control, capping trade margin at 30 percent.
The National Pharmaceutical Pricing Authority has invoked extraordinary powers in public interest, under para 19 of the Drugs (Prices Control) Order, 2013 to bring 42 non-scheduled anti-cancer drugs under price control through trade margin rationalisation, the Department of Pharmaceuticals said in a notification. “The government hereby puts a cap on trade margin of 30 percent and directs manufacturers to fix their retail price based on price at first point of sale of product... of the non-scheduled formulations containing any of the 42 drugs.”
As per data available with NPPA, the MRP for 105 brands will be reduced up to 85 percent entailing minimum saving of Rs 105 crore to consumers, it added.
Currently, 57 anti-cancer drugs are under price control as scheduled formulations.
"These [new drugs under price control] would cover 72 formulations and 355 brands as per data available with NPPA. More data is being collected from hospitals and manufacturers to finalise the list,” the notification said.
Drug manufacturers have been given seven days to recalculate the prices and inform the NPPA, state drug controllers, stockists and retailers, it said. The revised prices shall come into effect from March 8.
The NPPA currently fixes prices of drugs placed in the National List of Essential Medicines under Schedule-I of the DPCO. So far, around 1,000 drugs have been brought under price control.