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NPPA caps prices of 43 more medicines

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mediIndia has capped the prices of 36 drugs, including those used to treat infections and diabetes, in its latest move to make essential medicines more affordable, a senior official of the countrys drug pricing authority said on Friday. The medi- cines join the 348 drugs deemed essential and that are therefore subject to price caps, covering up to 30 per cent of the total drugs sold in the country where less than 20 per cent of its people are covered by health insurance.

Global and Indian drugmakers have been hit by wide-ranging government- imposed price reductions in the last one year in India. Industry officials say prices in the country are already among the lowest in the world.

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