India moves closer to regulating prices of patented drugs

The Indian government has come a step closer to making drugs more affordable and more widely available by establishing a committee to regulate the price of patented drugs.

The new committee is to meet early next month to discuss ways to reduce prices of patented drugs. The committee, comprising representatives of the Ministry of Commerce and Industry, Ministry of Health and Family Welfare, National Pharmaceutical Pricing Authority, and Department of Pharmaceuticals, was set up …