India govt approves new drug pricing policy

AFP
November 24, 2012

NEW DELHI: The Indian government approved on Thursday a new drug pricing policy, two ministers told reporters, a move that will...

NEW DELHI: The Indian 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.

India's domestic drug market, the fourth largest in the world by volume, is valued at nearly $13 billion.
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