HomeNewsBusinessCompanies3-Point Analysis | NPPA hikes ceiling price for 21 drugs

3-Point Analysis | NPPA hikes ceiling price for 21 drugs

The move is expected to make medicines available as companies faced a rise in prices of active pharmaceutical ingredients (APIs), a major raw material.

December 18, 2019 / 17:47 IST
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In a landmark decision, the National Pharmaceutical Pricing Authority (NPPA) has hiked the ceiling price of 21 medicines by 50 percent.

The move is expected to make medicines available as companies faced a rise in prices of active pharmaceutical ingredients (APIs), a major raw material.

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Sakshi Batra does a  3-Point Analysis to find out how investors should read this development.

Watch the video for more.

Moneycontrol News
first published: Dec 18, 2019 05:45 pm

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