Pharma companies ask government to exempt cheap drugs from price control

The pharmaceutical industry has sought an exemption from ceiling price for all low-priced formulations up to Rs 5 per unit. In a meeting held on Tuesday, the sector lobby groups also asked the government for exemption from implementation of trade margin rationalisation (TMR) on formulations which are priced below Rs 10 per unit, while it agreed to the implementation of TMR in a phased manner, said people aware of the matter.

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