From The Economic Times · Indu Bhan · · 50s
Supreme Court Questions Govt on Drug Pricing Cap
Supreme Court asks why drug price cap limits anti-cancer medicines only.
In brief
Supreme Court asks why drug price cap limits anti-cancer medicines only. Supreme Court questions government over restricting price controls to anti-cancer medicines while hearing petition on inflated essential medicine prices. Originally reported by The Economic Times.
Supreme Court questions government
The Supreme Court questioned the Centre over restricting price controls to anti-cancer medicines, asking why similar measures were not considered for other drugs.
“We are talking about all the drugs, not only cancer drugs”
Government's price cap justification
The government approved a cap on margins for anti-cancer medicines, limiting them to 30% of the maximum retail price.
Court questions cap's introduction timing
The Supreme Court questioned whether the cap on anti-cancer medicines followed its earlier harsh observations during proceedings.
Government's market balance argument
The government argued it needed to balance medicine availability and market considerations while regulating prices without controlling the entire market ecosystem.
In short
Supreme Court questions government over restricting price controls to anti-cancer medicines while hearing petition on inflated essential medicine prices.
