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Supreme Court Slams Tenfold Cancer Drug Markups by Hospitals

Supreme Court Slams Tenfold Cancer Drug Markups by Hospitals
'Carnage!': SC on markup of 10 times on cancer drugs by hospitals · m.rediff.com

The Supreme Court discussed why some cancer medicines cost so much in hospitals.

It said one medicine was supplied to retailers for Rs 2,700 but sold with an MRP of Rs 27,000.

The judges called this very unfair to ordinary people.

They suggested that medicines might have a common 16% margin.

The court also asked the government to examine hospitals making patients use their own pharmacies.

The hearing covered medicine prices, generic medicines and medical devices.

The government said it needed to discuss the issue with officials.

The Solicitor General agreed that the problem needs attention.

Key facts

Example medicine MRP
Rs 27,000
Example retailer supply price
Rs 2,700
Margin proposed for consideration
16% on all medicines
Court bench
Justices Vikram Nath and Sandeep Mehta
Government representative
Solicitor General Tushar Mehta
Legal framework discussed
Drugs (Prices Control) Order, 2013
Other issues before the court
Generic prescriptions and medical-device controls

Quotes

Justice Sandeep Mehta

A judge on the Supreme Court bench hearing the medicine-pricing petitions

“This is carnage. Plain and simple. The cancer drug is priced at an MRP of Rs 27,000 despite being supplied to retailers for Rs 2,700.”
m.rediff.com
“Corporate hospitals don't spare anyone. They won't allow even the dead body to be taken out. The pharma sector is not bothered”
m.rediff.com

Sources

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