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Showing posts from March, 2016

PRICE OF MEDICINE

Prices of lifesaving medicines have become beyond the reach of common man. In the cases of cardiac problems and the like the poor has no choice but opt for death. Liver transplantation costs over ₹ 40 lakhs! Unimaginable for common man. Prices of tablets and capsules used for common diseases cannot be afforded by an average man. The reason for this sky high price is the exorbitant profits of the manufacturers and the distribution network. Over 1000% profits are added to the manufacturing cost. Print media has highlighted the matter in detail. This squeezing of the poor is done under the cover of the patent act of medicines. Every law is for the welfare of man. It should not be against mankind. Patent act of medicines should be scrapped forthwith. We may approach the UN in this matter. It is not a problem of any particular country. It is a human problem. If the patent act is scrapped and licenses are issued liberally prices of medicines shall come down sharply. Under healthy competition