Drug Price Adjustment Proposed Based on Indian Market
Summary
The Drug Price Monitoring Committee in Nepal has proposed adjusting medicine prices based on Indian market rates to address scarcity and supply issues, especially for essential cancer drugs.
Key Points
- The Drug Price Monitoring Committee proposed adjusting drug prices in Nepal based on India's National Pharmaceutical Pricing Authority.
- Prices of 70-75 medicines out of 117 set by the government will be adjusted to reflect current market realities.
- Essential medicines like Carboplatin and Cisplatin for cancer treatment are scarce due to outdated pricing from over a decade ago.
- Stakeholders expect price adjustments to improve medicine supply in Nepal and ease access in government hospitals.
