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Costs of important medicines more likely to stay unchanged in 2024 Categorical Instances

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The NLEM was revised in 2022 and now covers 384 medicine overlaying round 870 formulations. NLEM 2015 lined 376 medicine overlaying 800 formulations

Customers are in for reduction this yr with costs of medicine within the Nationwide Listing of Important Medicines (NLEM) more likely to stay unchanged as a result of a minuscule change within the wholesale value index (WPI). This may come after the worth hikes allowed (consistent with a change in WPI) within the earlier two years have been 12.12 per cent (2023) and 10.7 per cent (2022) respectively.

The costs of medicine within the NLEM are capped by the Nationwide Pharmaceutical Pricing Authority (NPPA), and the annual value change allowed on this class is set by the change in WPI over the past yr.

First Revealed: Jan 28 2024 | 4:40 PM IST

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