Karnataka flags 52x mark-up on cancer drugs, seeks Centre’s intervention – FinSiddhi

Karnataka flags 52x mark-up on cancer drugs, seeks Centre’s intervention

Karnataka conducted inspections revealing significant price disparities between hospital procurement and patient billing for cancer drugs and medical devices. The state government has urged the Centre to implement transparency in pricing and regulate trade margins for essential medicines. Mark-ups observed ranged from 10 to over 52 times the actual procurement costs for various items.
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