India Plan For Generics Pharmacies Estimates Large Cost Savings
This article was originally published in PharmAsia News
Executive Summary
The Indian government's plan to establish a network of retail generics pharmacies around the country is expected to lower the costs of some drugs by as much as 93 percent. A study by the pharmaceutical department shows that by offering an alternative to the traditional ties pharmacies have with drug makers, the cost of drugs to the buyer could be driven lower. A government draft report compares the cost of generics of specific medicines with the branded versions to reach an estimate of the cost savings. (Click here for more