Tender Spots of Pharma Industry II – Blog Post #387 by Asrar Qureshi
Tender Spots of Pharma Industry II – Blog Post #387 by Asrar Qureshi Dear Colleagues! This is Pharma Veterans Blog Post #387. Pharma Veterans welcomes sharing of knowledge and wisdom by Veterans for the benefit of Community at large . Pharma Veterans Blog is published by Asrar Qureshi on WordPress , the top blog site. Please email to asrar@asrarqureshi.com for publishing your contributions here . Pricing Mechanism – Fixation of drug prices has been a cause of bad blood between the industry and DRAP/Government, besides politicization. Few years ago, many companies went to high court to seek relief. The cases kept on piling and the defendants (DRAP/Govt) kept on delaying proper response. The cases were closed finally after instructions to formulate a new Drug Pricing Policy while taking all stakeholders on board. That took another quite some time and there are still grey areas in interpretation and implementation. Government does not want to leave even a...