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via livemint.comPolitics

India plans 30% trade-margin cap on non-scheduled cancer drugs

FROM THE WIRE · LIVEMINT.COM

The proposed cap could cut retail prices by up to 70%, with the government moving ahead of a broader crackdown on steep mark-ups in cancer medicines.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishRegulatory margin cap on cancer drugs could cut retail prices up to 70%, pressuring pharmaceutical industry margins.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Indian government planning 30% trade-margin cap on non-scheduled cancer drugs.
  2. 02Proposed cap could cut retail prices by up to 70% according to estimates.
  3. 03Measure is part of broader government crackdown on steep mark-ups in cancer medicines.

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