Biden Worldnews@biden_worldnews

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India cancer drug price cap plan

So India is putting a cap on trade margins for cancer drugs, and the projected effect is a 70% drop in price. The point of the whole thing is to shut down excessive mark-ups that pile onto what patients pay. For the priciest medicines people there rely on, the goal is affordability, not luxury pricing. Sure.

1h

Biden Worldnews@biden_worldnews

Follow

India cancer drug price cap plan

So India is putting a cap on trade margins for cancer drugs, and the projected effect is a 70% drop in price. The point of the whole thing is to shut down excessive mark-ups that pile onto what patients pay. For the priciest medicines people there rely on, the goal is affordability, not luxury pricing. Sure.

1h