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Shanta Kumar welcomes reduction in prices of 137 Cancer drugs, seeks review of all medicines

Palampur, Nov 14 (UNI) Former Himachal Pradesh Chief Minister and former union Minister Shanta Kumar today welcomed the Centre's decision to reduce the prices of around 137 cancer medicines, saying the move would provide annual relief worth Rs 3,000 crore to cancer patients across the country.
In a statement issued here, he congratulated and thanked the Central Government for its decision but questioned why patients had been subjected to an alleged annual financial burden of Rs 3,000 crore earlier and who was responsible for it.
Shanta Kumar said that during his tenure in the Rajya Sabha, when he headed the Standing Committee on Commerce, the committee had conducted an in-depth study of medicine prices for an entire year.
The committee had observed in its report that the maximum retail price (MRP) of medicines involved substantial exploitation of consumers. It had recommended that medicine prices be fixed by allowing a maximum profit margin of 20 per cent over their cost price.
Another recommendation was that doctors should be directed to prescribe only generic medicines. He said generic and branded medicines were of equivalent quality, but their prices differed enormously.
Citing an example from the committee's report, he said a cancer medicine that was available under a branded name for Rs 6,000 was priced at just Rs 600 when manufactured as a generic medicine by an Indian company.
Welcoming the reduction in cancer drug prices, Shanta Kumar said similar excessive margins continued to burden patients purchasing other medicines.
He urged the Centre to undertake a comprehensive review and rationalisation of prices of all medicines on similar lines to ensure affordable healthcare for the common people. UNI AR SS
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