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 Video - Patients put to Inconvenience as Chemists Shut Down Shutters for a Day

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 Video - Patients put to Inconvenience as Chemists Shut Down Shutters for a Day

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Patients put to Inconvenience as Chemists Shut Down Shutters for a Day,

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National Pharmaceutical Pricing Policy 2013

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National Pharmaceutical Pricing Policy 2013

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Ministry of chemicals and fertilizers : department of Pharmaceuticals Date : May 15th 2013 Place : New Delhi Published in the Gazette of India

Main ideas :

Monitoring the availability of scheduled formulations by the government

Control of sale prices of formulations

Reduction of margins   Retailers : 16% of the price / Wholesalers : 5% of the price

Maintenance of records for inspection

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Around 750 000 Chemists and Druggists on strike across India

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4 meetings between companies and drug distributers and retailers

Pharmacists want to boycott the largest companies

No agreement

AIOCD is seeking for 6% of retail sales for new formulations

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no reduction in trade margins

allowed to have no pharmacist in the medecine shop

not to be accused of manufacturer errors

no Foreign Direct Investment (FDI) in pharma trade