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New drug policy will hurt investment in pharma sector: Industry

Prices of various leading drug brands will come down by up to 80 percent thanks to the newly-approved National Pharmaceutical Pricing Policy but at the same time it will hurt investment sentiments in the country's pharmaceutical sector, according to industry bodies.

Govt approves drug pricing policy to lower cost of medicines

The government on Thursday cleared the National Pharmaceutical Pricing Policy that will bring 348 essential drugs under price control, leading to reduction in prices.

New policy should not make medicines costly: SC

Protecting the people's interest, the Supreme Court Thursday told the government that medicines should continue to be available at reasonable prices even after a decision on a new pricing policy is taken by November.

Decision on new drug pricing policy by mid-November

The court made it clear that the new NPPP (National Pharmaceutical Pricing Policy) which the government was bringing should not trigger any hike in the drug prices that are available in the market under the drug price control order.