India government approves new drug pricing policy

NEW DELHI Thu Nov 22, 2012 9:15am EST

Related Topics

NEW DELHI (Reuters) - 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.

(Reporting by Nigam Prusty; editing by Rajesh Kumar Singh)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

Pictures