India extends price caps to 52 more essential drugs

December 12, 2014 11:57 AM

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MUMBAI (Reuters) - India has extended price caps to 52 drugs deemed essential by the government, including painkillers and antibiotics, the National Pharmaceutical Pricing Authority (NPPA) said in its latest move to improve the affordability of medicines.

The additional drugs join a list of nearly 400 essential treatments under price control in India, where a majority of people live on less than $2 a day and health insurance is scarce.

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