In an interview to CNBC-TV18, Amin adds that the company, despite the drug pricing policy, will grow at 15 percent.
India approved a new drug pricing policy designed to increase the number of drugs deemed essential that are subject to price caps, two ministers told reporters.
The government approved on Thursday a new drug pricing policy, two ministers told reporters, a move that will regulate the prices of 348 drugs deemed essential.
A panel of ministers, headed by Agriculture Minister Sharad Pawar, is expected to meet next week to fine tune the drug pricing policy after the Cabinet deferred taking a decision on it following objections from the Finance Ministry.
Agriculture Minister Sharad Pawar, who is heading a GoM to formulate the drug pricing policy, today said the panel will finalise the proposal within the next two weeks.
Chairman of Mankind Pharma, Ramesh Juneja, tells CNBC-TV18 that they aim to enter the league of top five in the pharma space in the next three years and reach the top slot by 2016.
The Department of Pharmaceuticals has finalised the contours of the new Drug Pricing Policy to bring all essential drugs under price control.