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    UK-India Knowledge Corridor: University of Liverpool Launches Landmark Bengaluru Founder Batch in Whitefield

    New IBM CHRO Study: AI Puts Critical Thinking at the Center of Workforce Priorities.

    Novo Nordisk Targets 5+ Multi-Blockbusters and 150 Billion DKK Pipeline Sales by 2035 at CMD 2026.

    Mr Juergen Bauer, Chairman & Founder of Tenthpin along with Mr Michael Schmidt, CEO & Founder of Tenthpin inaugurating the AI & IoMT based Lifesciences Innovation hub at Hosur Road, Bengaluru. Seen in the center is Mr Sachin Bhure, Managing Director, Tenthpin India.

    Swiss-Based Tenthpin Launches AI-Powered Life Sciences Innovation Hub in Bengaluru.

    PHOTO CREDIT-HYATT

    Introducing a Wine-Country Wonder: The Clayfield Niagara-on-the-Lake’s new boutique hotel joins The Unbound Collection by Hyatt

    Stellantis to Unveil New Mobility Vision with Nine Concept Cars, October 12-18 at Paris Motor Show.

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    Nationwide Bank Strike Alert: Canara Bank Urges Customers to Complete Urgent Branch Transactions This Week

    UK-India Knowledge Corridor: University of Liverpool Launches Landmark Bengaluru Founder Batch in Whitefield

    SPARSH Hospitals Leverages World Heart Day to Launch B2B and Public Welfare Initiative Against Traffic Stress.

    Candidates must read Kuvempu’s literature before becoming officers: Senior IPS Officer Ravi D. Channannavar

    Karnataka to Launch Dedicated Credit Co-operative Society to Provide Low-Interest Loans for Women-Led SHGs

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    PHOTO CREDIT-SEMICON INDIA

    PM to inaugurate SEMICON India 2026 on 17 September in New Delhi .

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    Image credit: Asian Games / NRAI

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    Actor Dr. Rajkumar’s 97th birthday celebration on April 24th, at 10.30 am in Dr. Rajkumar Punyabhoomi premises of the Sri Kanteerava Studio .

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    Levi’s ‘Behind Every Original’ Campaign Returns with Chapter Two: Many Ways, One Original Starring Alia Bhatt.

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MRP of 390 Anti-Cancer Non-Scheduled Medicines reduced up to 87%

FWM by FWM
March 8, 2019
in Health
0

08 MAR 2019 5:18PMNew Delhi:

The National Pharmaceutical Pricing Authority (NPPA), under Ministry of Chemicals & Fertilizers, today put out list of 390 anti-cancer non-scheduled medicines with MRP reduction up to 87%.  The revised prices would come into effect from 8th March, 2019.

On27th February, 2019, NPPA had put 42 anti-cancer drugs under 30% Trade Margin cap.  Manufacturers and Hospitals were directed to convey revised MRP, to be effective from 8th March, 2019, based on the Trade Margin (TM) formula.  390 brands i.e. 91% of the 426 brands reported by manufacturers, showed downward price movement.

The average out of pocket expenditure for cancer patients is 2.5 times that for other diseases.This move is expected to benefit 22 lakh cancer patients in the countryand would result in annual savings of approx. Rs. 800 crores to the consumers.

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The Trade Margin rationalisation for 42 anti cancer drugs was rolled out as Proof of Concept, stressing on the new paradigm of self-regulation by the Industry.  The manufacturers of these 42 drugs have been directed not to reduce production volumes of brands under regulation.

The range of reduction is as below: –

 

RangeNo. of Brands
75% & above38
50% to <75%124
25% to <50%121
Below 25%107
Total390

The full list of brands with revised MRP is available at nppaindia.nic.in.  Prices of more brands are expected to show downward reduction in near future, as data is received from other manufacturers.

Tags: anti-cancer drugsnppaindia.nic.inThe National Pharmaceutical Pricing Authority (NPPA)
FWM

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