PMBJP seeks to keep product price within 50% of branded product price to make it affordable for all, especially the poor. In December 2023, the Department of Pharmaceuticals announced the availability of Jan Aushadhi Suvidha Oxo-Biodegradable Sanitary Napkins at Rs. 1 to ensure easy accessibility of and provide affordable sanitary napkins to women in India. From the beginning until November 30, 2023, more than 47.87 crore Jan Aushadhi Suvidha Sanitary Pads have been purchased from Jan Aushadhi Kendras. Healthcare and its allied industries being the fifth-largest employer among all sectors, the Vice President asked the industry to invest in skilling. Given the significance of highly educated and specialized scientists in the sector, skill development is crucial, he said. He asked for a constant coordination between government and Industry to remove disconnect between demand and supply of skilled manpower in pharmacy sector.
What healthcare information does Medkart Pharmacy provide?
This competition, along with the lack of R&D and marketing costs, significantly reduces the price of generic medicines. Generic medicines are vital for providing affordable healthcare to millions in India. With initiatives like the Pradhan Mantri Jan Aushadhi Yojana, the country is moving towards a future where quality medicines are available to all, regardless of financial constraints. However, more awareness, policy changes, and efforts to improve public perception are needed to fully unlock the potential of generic medicines in India. Indian manufacturers, with their reverse engineering skills, were the first to market low-cost versions of the life-saving cancer (Imatinib) and HIV drugs (Zidovudine) within a few years of their US launch. The Scheme is being implemented through the Bureau of Pharma PSUs of India (BPPI), under the administrative control of the Department of Pharmaceuticals, Ministry of Chemicals & Fertilizers, Government of India.
Lack of awareness
- When looking for effective and affordable treatment choices, Dr. Best advises patients and healthcare professionals to explore generic options.
- Over the years, India has developed a strong capability in producing quality branded and generic medicines in most of the therapeutic categories, evolving from a mere Rs 1,500 crores industry in 1980 to a more than Rs 1,19,000 crores industry in 2012.
- In December 2023, the Department of Pharmaceuticals announced the availability of Jan Aushadhi Suvidha Oxo-Biodegradable Sanitary Napkins at Rs. 1 to ensure easy accessibility of and provide affordable sanitary napkins to women in India.
- PMBJP seeks to keep product price within 50% of branded product price to make it affordable for all, especially the poor.
- Despite government efforts to promote generic medicines through initiatives like Jan Aushadhi Kendras, the availability of generics in rural and remote areas is still limited.
- Since 80% of out-patient care and 60% of in-hospital care occurs at private hospitals in India, households are exposed to a private-sector market to buy drugs (Public Health Foundation of India, 2012).
- India is one of the world’s largest producers of generic drugs, with Indian pharmaceutical companies supplying over 50% of global demand for various vaccines and 40% of the generic drugs used in the United States.
It is quite heartening to note that the Pharma sector is out-performing most other sectors in achieving consistently high growth. The Pharma industry has posted a robust, double-digit growth over the last few years. The industry was worth US $36.7 Billion in 2017 and is projected to grow to US $55 Billion by 2020. The Atharva veda is a treasure trove of knowledge and wisdom in the field of medicine. It is clear that since the ancient times India had a very systematic, scientific and rational approach to the treatment of diseases. I have been buying prostate cancer medicine Abiraterone for my dad regularly with them.
- You can purchase generic medicines at Jan Aushadhi Kendras (government-run stores) and most pharmacies across India.
- This law fostered the growth of a strong domestic pharmaceutical industry focused on producing affordable generic drugs.
- Governments of developing countries have also initiated HIV treatment programmes using generically produced medicines from India.
- The only significant difference is the price, as generic drugs are often 30% to 90% cheaper than branded medicines.
- Once a drug patent expires, multiple pharmaceutical companies can produce and sell the generic version, leading to increased competition and lower prices for consumers.
- Therefore, the cost of Jan Aushadhi medicines is cheaper by ~50% and in some cases, by 80-90% of the market price for branded medicines.
- The potential of the PMBJP to expand and cover more medicines and medical devices is promising, and it can play a crucial role in achieving the goal of universal health coverage in India.
Indian Economy News
- Furthermore, the article discusses the potential of PMBJP to expand and cover more medicines and medical devices, as well as its role in achieving the goal of universal health coverage in India.
- We at Medkart Pharmacy dream of making sure that everyone is truly aware of Generic Medicines.
- Branded drugs are developed after years of research and clinical trials, making the original manufacturer the exclusive seller for a specific time through a patent.
- However, more awareness, policy changes, and efforts to improve public perception are needed to fully unlock the potential of generic medicines in India.
- Given the significance of highly educated and specialized scientists in the sector, skill development is crucial, he said.
- In recent years, generic medicines in India have emerged as a powerful tool in making healthcare more affordable and accessible to millions of people.
- They are equivalent in dosage, safety, strength, quality, and intended use, offering the same therapeutic benefits at a much lower cost.
There are more than 700 medicines; more than 150 surgicals and consumables are available at affordable prices for all at more than 4000 ‘Jan Aushadi Kedras’ across the nation. ‘Pharma Jan Samadhan’, a customer grievances redressal system was launched and a mobile application – ‘Pharma Sahi Daam’ that provides real-time information to consumers on prices of Scheduled/Non-scheduled medicines has also been introduced. Our medications are sourced from Indian certified manufacturers and meet global regulatory standards. We help you to access high quality generic medicine and overcome financial barriers. How the law works is borne out of the patent decision in 2005 which rejected the Swiss pharmaceutical company Novartis’ attempt to patent the salt/crystalline form of ‘Imatinib,’ a life saving medicine for treating chronic myeloid leukemia.
History of Generic Medicines in India
Moreover, it is easier to get generic medicines directly from online pharmacy 24/7 or in a nearby chemist shop. The generics prove to be a great alternative to branded medicines as they are bioequivalent or identical to branded drugs with comparable therapeutic action. Along with no compromise on quality, it is also cost-effective, as the cost of research and development and drug discovery is not included in the case of generic drugs.
Browse the Drugs alphabetically
The scheme is being implemented by the Pradhan Mantri Bhartiya Janaushadhi Pariyojana (BPPI), under the administrative control of the Department of Pharmaceuticals and the Ministry of Chemicals and Fertilisers. As of FY23, it covers 1,759 medicines and 280 surgical & consumables in all key therapeutic categories such as anti-infective, anti-allergic, anti-diabetics, cardiovascular, anti-cancers, and gastrointestinal medicines. India should also enter into international partnerships and agreements in the pharmaceutical sector so that we learn from the best and adopt the best protocols and practices.
Why Are Generic Medicines Cheaper?
PMBJP stores have been set up to provide generic drugs, which are available at lesser prices but are equivalent in quality and efficacy as expensive branded drugs. Government agencies, pharmaceutical companies, and healthcare professionals should launch awareness campaigns to educate the public about the benefits of generic medicines. Patients should be informed that generic drugs are just as effective as branded drugs but at a lower price. The Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP) was launched to promote the use of generic medicines and reduce healthcare costs for the masses. Under this scheme, Jan Aushadhi stores have been set up across India, where generic medicines are sold at affordable prices, making essential drugs accessible even in remote areas.
Drug Price List: Generics and Matching Brands
For them, the brand name matters not only in cosmetics, clothes, groceries, and accessories but also in the case of medicines. They have a common notion that generic drugs are available at a low price so they may be of inferior quality. Medkart Pharmacy stands out by actively promoting awareness and accessibility to generic medicines online and offering cost-effective healthcare solutions to our customers. This has resulted in substantial savings to common man as prices of generic medicines being sold in the PMBJP Kendras is lower by 50% to 90% of the equivalent branded medicines. The government should implement policies that incentivize doctors to prescribe generic medicines.
- Yet, the country’s marginalised populations have limited access to medicines as branded medicines are sold at significantly higher prices than their unbranded generic equivalents, despite being identical in the therapeutic value.
- The country’s pharmaceutical sector has become a reliable source of affordable medicines for developed and developing countries alike.
- By offering low-cost, high-quality alternatives to branded drugs, generic medicines help reduce healthcare costs and improve access to treatments, supporting the government’s broader goal of universal healthcare.
- Generic drugs in India must meet strict quality standards set by the Central Drugs Standard Control Organization (CDSCO).
- Healthcare is the fifth-largest employer among all sectors, both in terms of direct and indirect employment.
- They must be approved by regulatory authorities like the Central Drugs Standard Control Organization (CDSCO) in India.
- Yes, generic medicines are required to meet the same safety, quality, and efficacy standards as branded medicines.
Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP)
Regarding non-communicable diseases (NCDs), he outlined considerable progress in the National Programme for Prevention and Control of Cancer, Diabetes, Cardiovascular Diseases, and Stroke. The government provides free or highly subsidised treatment for NCDs at public hospitals, with major diseases covered under the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PMJAY). The scheme, benefiting approximately 55 crore people, offers US$ 5,886 (Rs. 5 lakh) annual health cover for secondary and tertiary hospitalisation. Additionally, the scheme has extended coverage to senior citizens aged 70 and above. As of November 30, 2024, 218 AMRIT pharmacies operate across 29 states and Union Territories, offering discounted medicines and surgical items.
How can I contact Medkart Pharmacy’s customer support?
Under the National Pharmaceutical Pricing Policy, as on December 15, 2016, ceiling price of 853 formulations are under price control. It has also introduced a range of fiscal incentives to promote domestic manufacturing, including the reduction of inverted duty structure and basic customs duty. Pharmaceuticals is one of the fastest growing contributors to “Make in India” campaign since its inception. India also has a large pool of talented scientists and engineers who have the potential to lead the industry ahead to greater heights.
Find Government Services Faster
In order to ensure quality of the products, PMBI procures medicines only from World Health Organization – Good Manufacturing Practices (WHO-GMP) certified suppliers. Apart from this, each batch of drug is tested at laboratories accredited by ‘National Accreditation Board for Testing and Calibration Laboratories (NABL). Only after passing the quality tests, the medicines are dispatched to PMBJP Kendras. The government has also launched a mobile application ‘Janaushadhi Sugam’ that provides information to public about location of kendras, help them search Janaushadhi medicines and compare the maximum retail price of Generic vs. Branded medicines, etc.
Can I find over-the-counter (OTC) products on Medkart Pharmacy?
Thus, access to low-priced generic drugs is very critical in ensuring health care at affordable prices. Generic medicines are drugs that contain the same active ingredients as branded medicines, but are sold under their chemical name. They are equivalent in dosage, safety, strength, quality, and intended use, offering the same therapeutic benefits at a much lower cost. Continued focus lenalidomide cost australia on strict regulatory standards is essential to ensure that all generic medicines meet the required quality and safety benchmarks. Generic drugs in India must meet strict quality standards set by the Central Drugs Standard Control Organization (CDSCO). Generic medicines are widely available and are often produced by multiple manufacturers once the patent for the original drug expires.
Browse the Drugs alphabetically
Generic medicines are drugs that contain the same active ingredients as their brand-name counterparts but are sold under their chemical names, without any brand identity. The only significant difference is the price, as generic drugs are often 30% to 90% cheaper than branded medicines. With the health sector being a priority, the Government of India is continuously working to provide affordable treatments and medicines at cheaper prices to its citizens. The demand for generic medicines is rising as the Jan Aushadhi stores, across the country, are serving lakh people per day.
How do generic medicines promote health equity?
Generic medicines in India must adhere to the same regulatory standards as branded drugs. The Central Drugs Standard Control Organization (CDSCO) oversees the approval and regulation of generic medicines to ensure they meet high standards of safety, efficacy, and quality. This regulatory oversight helps maintain public trust in generic drugs and ensures that they are as effective as their branded counterparts.
The Government of India has taken up a number of initiatives to create an ecosystem that fosters manufacturing and have identified a few key areas. ‘Make in India’ is one of the key programmes launched by the government to boost the economy and the aim is to transform India into a global manufacturing hub. This is an eloquent testimony to the competence of the Indian pharma sector in terms of quality and pricing. The Minister for Excise and Liquor Prohibition, Uttar Pradesh, Shri Jai Parata Singh and several dignitaries from fields of medicine, pharmaceuticals and other were present on the occasion. Saying that pharmaceuticals was a priority area for Government, Shri Naidu stressed the need to further harness the potential of the sector by use of technology, innovation and research. To bring down the healthcare budget of every citizen of India through providing Quality generic Medicines at Affordable Prices.
- Under the Scheme, dedicated outlets known as Pradhan Mantri Bhartiya Janaushadhi Kendras (PMBJKs) are opened to provide generic medicines at cheaper rates to the citizens.
- Generic medicines are vital for providing affordable healthcare to millions in India.
- The National Institute of Pharmaceutical Education and Research (NIPER) imparts quality education in the areas of pharmaceutical sciences.
- The country earned the title of the “pharmacy of the developing world”, providing essential medicines at low prices to countries in Africa, Asia, and Latin America.
- Continued focus on strict regulatory standards is essential to ensure that all generic medicines meet the required quality and safety benchmarks.
- Medkart Pharmacy stands out by actively promoting awareness and accessibility to generic medicines online and offering cost-effective healthcare solutions to our customers.
Drug Price List: Generics and Matching Brands
ConclusionIn conclusion, the PMBJP scheme has been instrumental in making quality generic medicines available and affordable to all sections of society, especially the economically weaker sections in India. The scheme has been successful in increasing the accessibility of medicines to the masses and has helped in reducing healthcare costs for individuals and the government. However, there are still challenges that need to be addressed, such as ensuring the availability and accessibility of medicines in remote areas. The potential of the PMBJP to expand and cover more medicines and medical devices is promising, and it can play a crucial role in achieving the goal of universal health coverage in India. AbstractThis article provides an overview of the Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP) scheme in India. The PMBJP scheme aims to make quality generic medicines available and affordable to all sections of society, especially the economically weaker sections.
