Does the Current practice of selling Medicines at the prevailing rates fine?

I would like to draw your attention to the commendable efforts undertaken by the government in regulating the prices of essential medicines, which has undoubtedly benefited countless patients across the nation. This initiative has not only made Indian medicines the most affordable globally but has also ensured ample supplies to government hospitals, providing crucial medical support to those in need, free of cost.

It's indeed praiseworthy that successive governments have prioritised addressing the medical needs of our citizens, recognising that a healthy populace is integral to our nation's development.

However, while the regulation has effectively capped prices at the upper limit, there remains a notable absence of defined pricing guidelines at the lower end where products are procured from PCD Franchise Company . While the notion of continually driving prices downwards may seem appealing, we must also consider the potential repercussions.

The relentless drive to lower prices to compete in a fiercely competitive market has inadvertently compromised the quality of the final product. Every component of pharmaceutical manufacturing, from the Active Pharmaceutical Ingredient (API) to packaging and delivery procedures, plays a vital role in ensuring the efficacy and safety of the medication.

The issue at hand is the equal importance of each element in maintaining the product's integrity. Any compromise in quality could undermine the very purpose for which the medication is intended.

Therefore, I advocate for the establishment of fixed selling prices for medicines to uphold optimal quality standards and deter unscrupulous practices. Such a measure would not only safeguard public health but also potentially increase government revenue through GST, as prices would stabilise.

I am eager to hear your thoughts and insights on this matter.

Warm regards,

Amit Katoch,

JAKSTAR PHARMA.

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