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Pricing Medicines: Profits,

Patents, and poor customers

By:

Group 2

Abhishek Anand (PGP05002)

Hrishikesh Das (PGP05020)Kapil Kukreja (PGP05022)

Sreekant (PGP05095)

Avisek Das (PGP0511)

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!"st deter#ine the pri$e

is a #%th &es' but $"st is "ne " the i#p"rtant a$t"r in deter#inin

the pri$e

*an% "ther a$t"rs als" pla% r"le in deter#inin thepri$e+

A t"p d",n $al$ulati"ns has t" be d"ne t" deter#ine the

pri$e in a spe$ii$ internati"nal #arket

Hen$e the $"#panies enerall% "ll", #arket based

pri$in rather than $"st based pri$in

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-a$t"rs ae$tin pri$e

variati"ns

!"st !"#petiti"n

Pur$hasin P",er

.u%er/s .ehavi"r

rreular "r na$$"unted pa%#ents in 3p"rt4#p"rt -"rein 3$hane -lu$tuati"ns

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ndia 6he phar#a$% " the ,"rld+ H"#e t" "ver 00 #illi"n pe"ple

,h" live "n S 71 per da%+

ndian Patent a$t 1980 Pr"$ess patents "nl%+

sin everse nn"vati"n' dru #anua$turers $an devel"p drus

that ,"uld $"st 100 ti#es #"re in SA at a #u$h $heaper pri$e+

6he .i *a$ nde3 and PPP $"ntributi"n brins ndia vs SA at :34:+53+

Health nsuran$e s$he#es like ;ba#a$are have $aveats that "ne $an

et #edi$al $"verae r"# $ertain desinated h"spitals "nl%+

!ase in p"int

*C!s tend t" i#p"se e3"rbitant a#"unt " pri$e t" earn

hih pr"its+

*"re"ver' everreenin results in *C!s t" #aintain the

use " la, and related reulat"r% pr"$esses t" e3tend their

hih rent4earnin intelle$tual pr"pert% rihts+

S"' "r l", in$"#e #asses t" a$$ess the dru' !"#puls"r%

li$ensin ives the p""r patients the a$$ess t" the drus+

6his d"es n"t #eans that $"#panies inventin the pr"du$tsh"uld suer l"ses' but sh"uld $"#e up ,ith a pr"per pri$e

#e$hanis# keepin in #ind the hu#anitarian aspe$t

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THANK YOU