The Delhi High Court today quashed the government notification on March 10 that banned 344 fixed-dose combination drugs.
The Supreme Court has said a group seeking to lower drug prices should be allowed to petition the country's government to review its pricing policy for medicines deemed essential, according to a court order published this week.
The government wants more time to table its new drug pricing norms. The Supreme Court has deferred hearing the matter till the 12th of December. Meanwhile, the pharma pricing policy has been challenged by the All India Drug Action Network (AIDAN).
Drug price controls based on market based rate, which was cleared by the cabinet is challenged in the Supreme Court through a public interest litigation filed by All India Drug Action Network (AIDAN), reports CNBC-TV18‘s Rituparna Bhuyan.
With GoM set to take a call on framing the drug pricing policy, India's largest association of pharma companies has submitted a study to show the pricing formula should be market based. But critics say this could end up in increasing drug prices reports CNBC-TV18's Archana Shukla.