Weekly Current Affairs

With price cap, 22 drugs get cheaper [Governance, Health]

  • In a move that would make some commonly used cancer drugs, anti-retrovirals and medicines to treat malaria cheaper by up to 45%, the central drug regulator has capped prices of 22 essential medicines with immediate effect.
  • Price cap announced by National Pharmaceutical Pricing Authority (NPPA) is likely to impact prices of nearly 220 medicine brands containing 22 formulations.
  • The NPPA caps prices of essential drugs at the simple average of all medicines in a particular therapeutic segment with sales of more than 1%.