Abstract
Demonetarization of currency notes of five hundred rupees and thousand rupees denominations is hailed because of surgical strike against black money, terrorist funding and also corruption. On the comparative lines the Government of India has introduced Jan Aushadhi scheme to give jolt to the uncontrolled medicine prices across all therapeutic category of medicines in India. Although brand medicines in India appear cheap when compared with international prices, however the brand medicines in India are expensive in comparison with generic medicines. The brand medicines despite being expensive are preferred over generic medicines by the prescribers due to exhaustive marketing practices by the manufactures. Although generic medicines are available at affordable prices they are not preferred over brand medicines. The price sensitivity for medicine appears to be very low. Generic medicines are less popular for various reasons, primarily due to marketing techniques of luring the prescribers brand medicines. The medicine prices are bound to get down to the ground levels when enactment of Jan Aushadhi Act is implemented in true spirit with a strong political will.
Highlights
Medicines are the vital components of therapeutics which are manufactured, distributed and sold to the patients under various regulations like Drugs and Cosmetics Act and Drug Price Control
All the councils have failed to maintain the professional standards in the country [1]
The Pharmaceutical industries are governed by Drugs and Cosmetics Act, Drugs and Magic remedies Act, Narcotic drugs and poisons Act and Drug price control order, they are supposed to protect the patients and health consumers from the danger and damages caused by irrational prescription medicines
Summary
Medicines are the vital components of therapeutics which are manufactured, distributed and sold to the patients under various regulations like Drugs and Cosmetics Act and Drug Price Control. In India healthcare practice is greatly influenced by the lobby of Pharmaceutical industry and organizations of Doctors and Pharmacist. These organizations are meant to protect interest of their members of pharmaceutical industry and organization has not shown interest in public healthcare issues like affordability and medicine prices. The Pharmaceutical industries are governed by Drugs and Cosmetics Act, Drugs and Magic remedies Act, Narcotic drugs and poisons Act and Drug price control order, they are supposed to protect the patients and health consumers from the danger and damages caused by irrational prescription medicines. For example the drugs like gentamycin which is known to cause damage to kidney and the blood levels, should be monitored while using and never be allowed to exceed the minimum toxic concentration. Category Non-steroidal Anti-inflammatory(NSAID) Cephalosporin antibiotic Immunosuppressant’s Amino glycoside antibiotic COX-2, NSAID NSAID Histamine-2 blockers Glycopeptide antibiotics
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