India Widens Price Caps on 137 Cancer Drugs, Cutting Prices by Up to 70%
India will limit trade margins on the drugs to 30% of maximum retail price, the Ministry of Chemicals and Fertilizers said.
India will cut prices for up to 137 cancer drugs by 70%, the Ministry of Chemicals and Fertilizers said on Saturday. The move expands price controls aimed at making treatment more affordable. The ministry said trade margins on the drugs will be capped at 30% of the maximum retail price.