Centre to cap trade margins on non-scheduled cancer drugs to 30% of MRP

Centre to cap trade margins on non-scheduled cancer drugs to 30% of MRP

Average trade mark-up on these drugs now around 170%, reaching 700% in some cases; intervention to cut prices by up to 70% of MRP, resulting in cumulative annual savings of ₹2,500 crore for patientsIn a bid to make cancer treatment more affordable and reduce patients’ out-of-pocket expenditure, the Union government has decided to cap trade margins at 30% of the maximum retail price (MRP) for all non-scheduled anti-cancer drugs.

📰 Original Source Attribution

Reported by thehindu.com.

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