Supreme Court Asks Centre Why Margin Caps Cannot Cover All Medicines

The Supreme Court asked the central government why trade margin caps cannot apply to all medicines.

During an Oct. 12 hearing, the central government told the Supreme Court that drug pricing policies must strike a balance between affordability and availability.

The National Pharmaceutical Pricing Authority planned a 30 percent oncology markup cap to regulate cancer drug prices.

Shares of Apollo Hospitals and other hospital operators fell by up to 6.5 percent following the court hearing.