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India’s Falling Diabetes Drug Costs Could Expand Modern Treatment Access

India’s Falling Diabetes Drug Costs Could Expand Modern Treatment Access
Falling Cost Of Diabetes Drugs May Make Modern Treatment Affordable: Study · deccanchronicle.com

A study looked at the cost of newer diabetes medicines in India.

It found that many of these medicines have become much cheaper.

Some prices fell by about 60% to 90% after patents expired.

Some Indian generic medicines cost far less than their listed prices in the United States.

Cheaper medicines may help people continue treatment for a long time.

The researchers say government policies and competition between drug companies helped lower prices.

They also say medicines must reach people in rural and underserved areas.

Multiple manufacturers make quality control important.

The study says modern diabetes treatment can become more accessible when affordability, availability and quality are addressed together.

Key facts

Study institution
Madras Diabetes Research Foundation
Journal
Diabetes Care, the journal of the American Diabetes Association
Price reductions
Several SGLT2 inhibitors and GLP-1 receptor agonists fell by about 60% to 90% after patent expiry.
Generic medicine comparison
Some Indian generic medicines were 15 to 65 times cheaper than United States list prices.
Global diabetes estimate
About 589 million adults aged 20 to 79 were estimated to be living with diabetes globally.
Lower-income countries
At least 81% of adults with diabetes were estimated to live in low- and middle-income countries.
Access concerns
Researchers highlighted rural availability and quality control as continuing challenges.

Quotes

Dr V. Mohan

Chairman of the Madras Diabetes Research Foundation and a study author

“Modern diabetes medicines, which were once considered unaffordable for large sections of society, can become much more accessible through the right combination of government policy, pharmaceutical manufacturing and competition.”
deccanchronicle.com

Sources

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