The pricing regime could get even more stringent going forward, that is the word coming in from National Pharmaceutical Pricing Authority (NPPA) Chairman Bhupendra Singh. In an exclusive chat with CNBC-TV18's Priya Sheth, he also speaks about a new government policy that is in the works to monitor the pricing of drugs and devices.
Government is trying to evolve a policy, some kind of trade margin to be placed in case of drugs and devices and I am hopeful that when the policy comes, the NPPA will not be required to take isolated actions in case of certain drugs or devices, he said.
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