Price controls on patented and essential medicines
The Kerala High Court said the government may intervene over prohibitively priced patented medicines and directed the Centre to gather information. The Supreme Court later asked why essential medicines could not have a 16% cap on maximum retail prices.
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Timeline
Tuesday, 29 September
- SC flags a costly dose of markups, asks for 16% cap on essential meds
Supreme Court asks Centre why essential medicines could not have a 16% MRP cap
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Monday, 28 September
- Kerala HC says government can intervene over exorbitant prices of patented drugs
The Kerala High Court ruled government intervention is permissible for prohibitively priced patented medicines
