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Does India need a new pharmaceutical policy? Examining the implications of the drug price control order

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  • Rupali Kumar
  • Mahika Milind Joshi
  • Rajat Jagdish Palod
  • Sreedhar Dharmagadda

Abstract

Objectives This article aims to analyse the impact of the pharmaceutical policy on the availability, accessibility and affordability of medicines to the Indian populace. The article delves into the shortcomings of the Drug Price Control Order 2013 and highlights its real‐world implications. Methods Published literature in the form of scientific articles on the proposed reforms that took place in the pharmaceutical policy was reviewed. The study used the memorandums, laws and government decisions published by the Department of Pharmaceuticals, Ministry of Health and Family Welfare and National Pharmaceutical Pricing Authority|National Pharmaceutical Pricing Authorities. Results The pharmaceutical policy in India underwent several changes during 2013–2020 to enhance the affordability and accessibility of drugs. The stringent policy hampered innovation due to the lack of profitability to the Multinational Companies. Moreover, it was found that the impact of the price control order on the low‐cost local generic manufacturers affected much of the country's price‐sensitive population. Conclusion The pharmaceutical policy of India needs to be amended to extend its benefit to its stakeholders. The government should shift its attention to improving the quality of drugs, increasing competition amongst manufacturers and enhancing the accessibility of medicines through state/centre sponsored initiatives.

Suggested Citation

  • Rupali Kumar & Mahika Milind Joshi & Rajat Jagdish Palod & Sreedhar Dharmagadda, 2022. "Does India need a new pharmaceutical policy? Examining the implications of the drug price control order," International Journal of Health Planning and Management, Wiley Blackwell, vol. 37(6), pages 3028-3038, November.
    • Handle: RePEc:bla:ijhplm:v:37:y:2022:i:6:p:3028-3038
    DOI: 10.1002/hpm.3554
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    References listed on IDEAS

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    1. Ajay Bhaskarabhatla, 2018. "The Proposed Design to Fix Ceiling Prices Under 2013 DPCO," India Studies in Business and Economics, in: Regulating Pharmaceutical Prices in India, chapter 0, pages 71-80, Springer.
    2. Sahay, Arvind & Jaikumar, Saravana, 2016. "Does Pharmaceutical Price Regulation Result in Greater Access to Essential Medicines? Study of the impact of drug price control order on sales volume of drugs in India," IIMA Working Papers WP2016-02-01, Indian Institute of Management Ahmedabad, Research and Publication Department.
    3. Ajay Bhaskarabhatla, 2018. "Challenges with Fixing the Ceiling Price Under the 2013 DPCO," India Studies in Business and Economics, in: Regulating Pharmaceutical Prices in India, chapter 0, pages 81-115, Springer.
    4. Toon van der Gronde & Carin A Uyl-de Groot & Toine Pieters, 2017. "Addressing the challenge of high-priced prescription drugs in the era of precision medicine: A systematic review of drug life cycles, therapeutic drug markets and regulatory frameworks," PLOS ONE, Public Library of Science, vol. 12(8), pages 1-34, August.
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