Health Ministry pays heed to high margins on sale of important drugs

Ghulam Nabi Azad, union health minister, said, “Government is aware that some Indian companies are charging huge profit margins for some drugs. The Government has taken serious note of this fact. The Ministry of Health & Family Welfare has prepared the National List of Essential Medicines (NLEM), 2011 consisting of 348 medicines. This Ministry has requested the DoP, which administers the Drug Price Control Order (DPCO) to bring all drugs in the NLEM, 2011 under the price control.”

The ministry has exposed this extensive censure that few organizations were charging about 500 % of profit margin to deceive customers as well as Government, on the urge of public interest groups.