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    “The restaurant industry has been seeking greater transparency and predictability in food delivery for a long time.”-Sagar Daryani, President, National Restaurant Association of India (NRAI), CEO & Co-founder, Wow! Momo.

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    Shell agrees to sell BG Cyprus Limited.

    TMC Announces Changes to Organizational Structure.

    LEXUS Launches “LEXUS Flight” Helicopter Service.

    Ministry of Tourism Signs MoU with IndiGo to Promote India as a Global Tourism Destination .

    Blackstone to Acquire HSBC’s A$36 Billion Australian Home Loan Portfolio.

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    India as a Tourism Hub .

    Ai+ Smartphone Targets Rs 7,500 Crore Revenue in FY27 after Crossing 2 Million Units Sold Since Launch.

    Air Marshal Sandeep Thareja appointed as DGAFMS w.e.f. August 31, 2026

    Air Marshal Sandeep Thareja appointed as DGAFMS w.e.f. August 31, 2026.

    PHOTO CREDIT-GMR Visakhapatnam International Airport Limited (GVIAL)

    Prime Minister Narendra Modi to Inaugurate Vizag Airport Named Alluri Sitarama Raju International Airport at Bhogapuram on August 1

    PM to visit Andhra Pradesh and Karnataka on 1 August.

    Capri Loans Collaborates with OpenAI to Bring Enterprise-Grade AI to Lending Operations.

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    IndiaAI and Ministry of AYUSH Sign MoU to Accelerate AI Innovation in Traditional Healthcare.

    Capri Loans Collaborates with OpenAI to Bring Enterprise-Grade AI to Lending Operations.

    Shell agrees to sell BG Cyprus Limited.

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    “The restaurant industry has been seeking greater transparency and predictability in food delivery for a long time.”-Sagar Daryani, President, National Restaurant Association of India (NRAI), CEO & Co-founder, Wow! Momo.

    CHMP recommends EU approval of Roche’s Susvimo, the first continuous delivery treatment for neovascular age-related macular degeneration (nAMD)

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    IBM Study: One in Four Malicious Breaches are AI-Enabled, Costing Companies $6 Million on Average.

    PHOTO CREDIT-IBM

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    CREDIT-SONY

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    HCLTech Logo

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    PHOTO CREDIT-AUDI AG

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    BCCI pays tribute to Ajinkya Rahane’s distinguished international career.

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    Yamaha Music India Launches EAD50 With Acclaimed Drummer Ranjit Barot As Yamaha Artist.

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    “The restaurant industry has been seeking greater transparency and predictability in food delivery for a long time.”-Sagar Daryani, President, National Restaurant Association of India (NRAI), CEO & Co-founder, Wow! Momo.

    PHOTO CREDIT-AIR INDIA

    Air India launches ‘Easy Connect’ flights from Amritsar, connecting Punjab to 27 global destinations

    Dr. Agarwals Eye Hospital Supports West Division Police with Vision Protection Initiative.

    First Direct Express Train Between Ramnagar and Dehradun to Improve Connectivity Between Kumaon and Garhwal Regions of Uttarakhand

    Karnataka Government allows Bengaluru hotels, restaurants to stay open till 3.30 am for FIFA World Cup

    N.A. Haris, MLA and BDA Chairman, unveils the Mis Skin brand identity, showcasing its proprietary seven-step diagnostic protocol and advanced US FDA-approved technologies.

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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)
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