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Mar 06, 2013
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Drug retailers' margin to come under pressure, warn chemists
Over 6 lakh drug retailers across the country may see a 20% squeeze on their margins for over 7,000 drugs that the government is expected to bring under a price control regime soon.The new pharma pricing policy currently being finalised will set the ceiling price for such essential drugs by taking the wholesale prices as a base and factoring in a 16% margin for retailers. Chemists usually get a 20% margin on drugs outside the price control net and 16% on those under price controls.But with the number of drugs under price control expected to go up from the present level of 200-odd brands, chemists face a significant hit on income.
Source -
http://economictimes.indiatimes.com
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