Photo: Hindustan TimesTOPHindustan Times · 3 hours agoLive
K’taka flags drug price gaps at 254 companies
Reported by Hindustan Times, not nibnow. We are not the publisher of this story, only the source is.
WHY IT MATTERS
The report highlights significant discrepancies between hospital supply prices and patient charges for medicines, which directly impacts healthcare affordability for consumers in Karnataka.
WHAT HAPPENED
Karnataka’s Food and Drug Administration has asked the Centre to intervene against 254 pharmaceutical companies over what it says are extreme gaps between the prices at which medicines are supplied to hospitals and the amounts patients are charged, with some products carrying MRPs more than 70 times their reported landing costs
WHAT TO WATCH
- •The Centre's response to Karnataka's request for intervention against the identified pharmaceutical companies.
- •Potential regulatory actions or penalties imposed on the 254 companies flagged for price gaps.
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