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India government approves new drug pricing policy
NEW DELHI |
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)
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