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Drug companies to raise trade margins

Shortage of essential medicines on retail shelves may be over soon with major companies like Cipla, Mankind Pharma and Torrent deciding to give in to the demand of higher trade margins and hoping to end the stalemate between the industry and chemists.">Shortage of essential medicines on retail shelves may be over soon with major companies like Cipla, Mankind Pharma and Torrent deciding to give in to...
Source : Times Of India |
Category : City

Get cheaper medicines from today

Your medicine bill will come down substantially from today, thanks to aruling to reduce prices of prescription drugs as instructed by the National Pharmaceutical Pricing Authority (So, starting December 25, more then 620 formulations of 348 essential bulk drugs under the national list of essential medicine would be sold at much cheaper rates.It is expected that prescription drugs price will get reduced...
Source : Times Of India |
Category : City | City : Lucknow

Drug price regulator runs into vanishing cos

India's drug price regulator has a unique problem. As it moves to revise the prices of medicines, it has found that the manufacturers of as many as 55 of them have simply gone missing."There is no information available for 55 random formulations and we may exclude them from the list of price fixation," CP Singh, chairman, Drug price watchdog National Phar maceutical Pricing Authority (NPPA) told HT.On...
Source : Yahoo Finance |
Category : Personal Finance | City : New Delhi

Soon, medicines to cost a lot!

next time you go to your chemist, you are likely to notice an increase in your medicine bill.In keeping with the new pharmaceutical pricing policy, the regulator has allowed companies to raise maximum retail price of essential medicines by 6.32 per cent, while all other product prices can go up by 10 per cent annually.The rise in essential medicines’ prices is based on the annual increase of 6.32 per...
Source : Rediff |
Category : Business

Govt allows GMC additional medicines

After introducing the national list of essential medicines (NLEM), Goa Medical College & Hospital (GMC), Bambolim, has received approval to buy additional medicines which are not included in the list.list on the grounds that it did not contain many medicines that were otherwise given to patients at the GMC.Gurudas Pilarnkar, director administration, GMC, when contacted confirmed that the government...
Source : Times Of India |
Category : City | City : Panaji

Now, Apps that help you cut your medical bills; Healthkart Plus, My Dawai and Get Med suggest cheape

Don’t fret if your doctor prescribes expensive medicines. Help is at your fingertips. For, there are various mobile Apps that will suggest several cheaper options.Sujata Krishnan (not her real name) is an epileptic. She had been buying Pfizer’s Lyrica, priced at Rs768.56 for a strip of 14 capsules, till a few weeks ago.When the 39-year-old discovered a cheaper alternative, Cipla’s Prebaxe at Rs59 for...
Source : DNA |
Category : National

CNN-IBN Deputy Editor Sagarika Ghose in 13 Famous Rhodes Women list

another achievement for Network 18, CNN-IBN Deputy Editor Sagarika Ghose has been named in the Rhodes list of 13 Famous Women. The list includes women from diverse fields like politics, journalism, business, law and medicine.Ghose appears on the ninth spot in the list that also includes noted author Naomi Wolf.The list includes women from diverse fields like politics, journalism, business, law and...
Source : IBNLive |
Category : International

Cipla acquires Croatia-based Celeris

major Cipla on Thursday said its wholly owned subsidiary has acquired Croatia based firm Celeris d.o.o, distributor of its products in that country. Cipla, however, did not share the financial figure for which it has made the acquisition. Cipla Holding B V, a wholly owned subsidiary of the company, has acquired 100 per cent stake in Celeris d.o.o., Croatia, Cipla said in a filing to BSE.The company...
Source : Business Today |
Category : Business | City : New Delhi

China backs away from price controls on basic drugs

worker packs Chinese patent capsules the medicine which tops the list of a Diagnosis and treatment scheme for human contracted H7N9 virus released by Chinese government earlier, in Bozhou, Anhui province, April 8, 2013.More than 814 million are eligible to vote in the world’s biggest democratic exercise.(Reuters) - China has backtracked on its policy of capping retail prices on medicines and will allow...
Source : Reuters India |
Category : Health

Five Pulmonary Medicine Tests and Procedures That Might Not Be Necessary (FREE)

Five Pulmonary Medicine Tests and Procedures That Might Not Be Necessary — Physician’s First WatchThe American Thoracic Society and the American College of Chest Physicians (ACCP) have released a list of five things in pulmonary medicine that "physicians and patients should question." The list, published as part of the American Board of Internal Medicine's "Choosing Wisely" campaign, advises the f...
Source : Jwatch |
Category : Health