Supreme Court not to control drug costs

The PIL had alleged that hike in prices of life saving drugs is against public interest

Update: 2014-10-28 04:05 GMT
The drug regulator, in an earlier notification, had invoked Paragraph 19 of DPCO, 2013 to bring 108 anti-diabetic and cardiovascular formulation packs under the price control. (Photo: PTI/File)
New Delhi: The Supreme Court on Monday refused to interfere with the Centre’s decision to de-control prices of 108 cardiac and diabetes drugs saying the issue can be raised before the competent authority through representation.
 
“You approach the Centre seeking modification in the order. If the Centre does not do anything then you can come back,” a bench comprising CJI H.L. 
Dattu and Justices 
M.B. Lokur and A.K. Sikri said.
 
The PIL had alleged that hike in prices of life saving drugs is against public interest and would lead to windfall gain to the pharmaceuticals companies at the cost 
of endangering lives of million of Indians.
 
The drug regulator, in an earlier notification, had invoked Paragraph 19 of DPCO, 2013 to bring 108 anti-diabetic and cardiovascular formulation packs under the price control.

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