GoM to finalise pharma policy soon
Sixteen months after it was set up, an inter-ministerial group is set to finalise a new pharma policy for the country. A group of ministers (GoM) headed by Agriculture Minister Sharad Pawar is scheduled to meet on April 30 to finalise its recommendations for a policy that would attempt to balance the interests of the common man and the industry. The draft pharma policy before the GoM has called for increasing the span of price control on the Rs 55,000-crore domestic drug market from the current 20 per cent to over 35 per cent.