Govt says, revised prices of 137 anti-cancer drugs come into effect from 9th Nov

New Delhi, November 07
The union Government has said that the revised prices of 137 anti-cancer drugs will come into effect from Monday. Recently, the National Pharmaceutical Pricing Authority had capped trade margins on Maximum Retail Price (MRP) of these anti-cancer drugs.

The Ministry of Chemicals and Fertilizers informed as on date, 76 pharmaceutical companies have reported revised MRP for one thousand and two hundred twenty five anti-cancer formulations, covering 121 drugs.

It added that the reduction in the MRP have been reported in over one thousand formulations of anti-cancer medicines. The Ministry said that as a result of the price reductions, the estimated annual savings to consumers would be more than three thousand five hundred crore rupees. It also said that every retailer, dealer, hospital and institution is required to prominently display revised MRP list of anti-cancer medicines on their websites and in their premises.