Chandigarh, July 30 -- Sangrur MP Gurmeet Singh Meet Hayer raised concerns over exorbitantly priced medicines, during the Zero Hour in Parliament today, urging the central government to impose a price cap on medicines with the same active ingredients.
Highlighting the issue under the Drug Price Control Order (DPCO) 2013, Hayer noted that while prices of some essential medicines are regulated, commonly used drugs for conditions like blood pressure and diabetes lack price controls.
He pointed out that medicines with identical solutions are sold at vastly different prices by different companies, with profit margins ranging from Rs. 300 to Rs. 1,000. "A medicine made for Rs. 3 is sold for Rs. 10 by one company and Rs. 50 by another," he sai...