Prices of medicines to go up a tad; companies seek 20% jump

Prices of essential medicines including painkillers, antiinfectives, cardiac and antibiotics could go up marginally from April, with the government allowing drug makers an increase in line with the change in the annual Wholesale Price Index (WPI). The annual change in WPI notified by the government works out to 0.5% for 2020, the drug prices regulator National Pharmaceutical Pricing Authority said on Friday.

from Personal Finance News-Wealth-Economic Times https://ift.tt/3fbf6RJ