Cancer Medicine Latest English news | Cancer Medicine Online News in English at Lokmattimes.com

To ensure essential medicines remain affordable, the Indian government has implemented price controls on numerous drugs. Recently, in a significant relief for cancer patients, the government announced price reductions on three critical cancer medications. The National Pharmaceutical Pricing Authority (NPPA), responsible for regulating essential drug prices in India, has mandated a decrease in the Maximum Retail Price (MRP) of Trastuzumab, Osimertinib, and Durvalumab—widely used in cancer treatments.This decision aligns with the government’s commitment to making essential medicines accessible to all citizens. Recent tax adjustments facilitated by the Union Budget 2024-25 have made this price reduction possible. Notably, customs duty on these medications was abolished, and the GST rate was slashed from 12% to 5%.The Ministry of Finance has already enforced these tax exemptions, requiring manufacturers to update their MRPs as of October 10, 2024. Companies are directed to notify dealers, state drug controllers, and the government of these revised prices. The tax adjustments are anticipated to bring down the costs borne by patients, making these vital treatments more affordable and accessible.

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

USA-Israel Attack

Assembly Elections 2026

IPL 2026

Stock Market News

Maharashtra News

Mumbai Local

Cancer Medicine, NewsFOLLOW

Cancer medicine, Latest News

National :Budget 2026: No Custom Duty On Cancer Drugs, Import Exemptions for Rare Diseases - What Gets Cheaper?

Union Finance Minister Nirmala Sitharaman announced customs duty relief for cancer drugs on Sunday, February 1. Specifying the custom ... ...

National :Budget 2025: 36 Life-Saving Drugs Including Cancer Fully Exempted From Basic Customs Duty

In a major relief for cancer and rare disease patients, FM Sitharaman announced that 36 life saving drugs to ... ...

Health :Government Cuts Prices Of Cancer Medicines In Major Relief for Patients Across India

To ensure essential medicines remain affordable, the Indian government has implemented price controls on numerous drugs. Recently, in a ... ...