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Market move▼ Bearish for Apollo Hospitals
Hospital stocks extend losses as drug-pricing regulation concerns linger; Apollo, Max among top Nifty losers
- Nifty Pharma defies market slump as select drugs get US tariff exemption
- US exempts select Indian specialty drugs and ingredients from its 100% pharma tariff
- Pharma sector eyes 10% growth in FY27 as domestic market offsets US slowdown
- Oncologist calls for five-year plan to widen access to precision cancer care
Hospital drug markups and pricing regulation concerns
The Supreme Court questioned hospital markups on cancer drugs, including a case where a medicine costing ₹2,700 to retailers was billed at ₹27,000 to patients, and urged a probe. Hospital stocks fell sharply, erasing $2.6 billion in value, as investors weighed possible medicine price curbs.
Thursday, 1 October
- Hospital stocks extend losses as drug-pricing regulation concerns linger; Apollo, Max among top Nifty losers