Drug Prices – the Popular Punching Bag – Blog Post #353 by Asrar Qureshi
Drug Prices – the Popular Punching Bag – Blog Post #353 by Asrar Qureshi Dear Colleagues! This is Pharma Veterans Blog Post #353. 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 . Drug Prices are again in news. The TV anchors are talking about it. There is a general sense of anger about the possible increase in drug prices in near future. This arises out of the policy that the drug prices shall be increased based on Consumer Price Index (CPI). CPI is a reflection of how the prices of selected basic commodities have changed over a designated period. The recent published CPI data shows that the prices increased by over 18% during fiscal year July 2019 – June 2020 as compared to last fiscal year. For your understanding this is huge and such massive increas