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Cancer drug prices may fall as government plans 30% trade margin cap

Times of India ·
Cancer drug prices may fall as government plans 30% trade margin cap

The Indian government has announced plans to cap trade margins on all types of cancer drugs.

This decision aims to make cancer medications more affordable and accessible, potentially reducing prices by up to 70%.

It is expected to result in savings of around Rs 2,500 crore annually for patients.

An expert committee will be formed to recommend the list of drugs covered by this initiative.

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