Northerner
Admin (Retired)
- Relationship to Diabetes
- Type 1
Insulin shots will pinch diabetics harder, with the country's drug-pricing regulator - National Pharmaceutical Pricing Authority (NPPA) - set to allow a price hike of 3-10%.
Popular insulin vials and pens are likely to get costlier within the next two months, NPPA sources told HT.
Of the estimated 60 million diabetics in India, 3 million use insulin every day to control their blood-sugar levels.
As of now, a 10ml insulin pen costs around Rs. 200 and serves a patient's needs for 10-12 days.
Insulin is among the 74 drugs whose prices are controlled by the government.
Its Rs. 700-crore market size mirrors the rising incidence of diabetes in India. Prices were last revised in March by 5-18%.
Patients and doctors are concerned about the hike.
http://www.hindustantimes.com/busin...in-to-cost-up-to-10-more/Article1-892159.aspx
Popular insulin vials and pens are likely to get costlier within the next two months, NPPA sources told HT.
Of the estimated 60 million diabetics in India, 3 million use insulin every day to control their blood-sugar levels.
As of now, a 10ml insulin pen costs around Rs. 200 and serves a patient's needs for 10-12 days.
Insulin is among the 74 drugs whose prices are controlled by the government.
Its Rs. 700-crore market size mirrors the rising incidence of diabetes in India. Prices were last revised in March by 5-18%.
Patients and doctors are concerned about the hike.
http://www.hindustantimes.com/busin...in-to-cost-up-to-10-more/Article1-892159.aspx