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Medicine Prices


Medicine Price

As per available reports about 69 relevant journals, 28 Conferences, 30 workshops are presently dedicated exclusively to medicine price  and about 5476 articles are being published on medicine price.

Medicine Price means the product of units of formulations sold by a manufacturer or an importer, as the case may be, in an accounting year multiplied retail price inclusive of sales tax, if any, paid or direct sales by the manufacturer or importer but does not include excise duty and local taxes, if any;

OMICS International Organizes 1000+ Global Events Every Year across USA, Europe & Asia with support from 1000 more scientific societies and Publishes 700+ Open access journals which contains over 100000 eminent personalities, reputed scientists as editorial board and organizing committee members. The conference series website will provide you list and details about the conference organize worldwide.

Scope and Importance

Medicine price is a branch of pharmacy which deals with the patient care and medication and promotes health, wellness and disease inhibition. The pharmacist works in management with the doctors for the patient healthcare. Clinical pharmacists have wide education in the biomedical, pharmaceutical, and clinical sciences. Medicine price list consist of all the services accomplished by pharmacists practicing in hospitals, community pharmacies, nursing homes, home-based care services, clinics and any other setting wherever medicines are prescribed and used. The term "clinical" does not necessarily suggest an action implemented in a hospital setting. It defines that the type of activity is connected to the health of the patients. This suggests that community pharmacists and hospital pharmacists both can accomplish Medicine price list activities.

Market Analysis

Countering the industry’s claims that the decontrol of prices will cause an annual loss of revenues of over Rs.600 crores, activists note that NPPA’s action on the market will be marginal. It will affect only those brands that were selling at very high prices. “We have analysed the impact of the notifications and found that the retail market of Rs.77,526 crores (Moving Annual Total, June 2014) would experience a loss of Rs. 350 crores (AIOCD-AWACS, PharmaTrac Data, 2014). This represents a loss of approximately only 2 per cent (Rs112 crore) in the anti-diabetic therapy segment and 2.5 per cent (Rs238 crore) in the cardiac therapy segment.

There are also criticisms that the market based price fixation being followed by the government, which is a departure from the long used cost-based price control mechanism, is irrational since the ceiling prices are still very high. Many medicines are sold by reputed companies much below the ceiling price. For instance, the ceiling price of atorvastatin 40mg is Rs22.02 per tablet, while Biochem Pharmaceuticals is selling the same at a much lower price of Rs14.94 per tablet. The ceiling price of glimepiride 3mg is Rs10 per tablet, while Ipca Laboratories has been able to sell it for Rs6.90 per tablet.

International symposium and workshops

  1. Workshop - Analysing Medical And Health Data Using R"
  2. Workshop on Entrepreneurship Development Programme for Biotechnology Graduates
  3. Symposium on Emergencies in Clinical Medicine, August 8, 2009 Rural Medical College,  Pravara Rural University, Ahmednagar, Loni

List of Best International Conferences

  1. Biopharmaceutics Conference, September 21-22, 2015 Baltimore, MD, USA
  2. Medical Devices Conference, September 21-22, 2015, Florida, USA
  3. 3rd Clinical Pharmacy Conference, December 07-09, 2015 Atlanta, USA
  4. 6th Clinical and Experimental Cardiology Conference, November 30-December 02, 2015 San Antonio, USA
  5. 5th CosmetologyTrichology and Aesthetic Practices Conference, April 25-27, 2016 Dubai
  6. 9th Vaccines and Vaccination Summit, November 30-December 02, 2015 San Francisco, USA
  7. 4th Forensic Research Conference, September 28-30, 2015 Atlanta, USA
  8. 4th Immunology Conference, September 28-30, 2015 Houston, Texas, USA
  9. Molecular Medicine and Diagnostics Conference, August 24-26, 2015 West Drayton, London
  10. Telemedicine and eHealth Conference, August 17-18, 2015 Houston, Texas, USA
  11. 74th Pharmacy and Pharmaceutical Sciences 2014 on Aug 31 - Sep 4, 2014 Bangkok, Thailand
  12. 2nd Pharmaceutical Sciences and Pharmacology (PHARMA 2014), October 27-28, 2014, Singapore
  13. PharmaTech Africa Exhibition& Conference 2014,September 9-11, 2014,Accra, Ghana
  14. 75th Pharmacy and Pharmaceutical Sciences 2015,Sep 28 - Oct 3, 2015, Dusseldorf, Germany
  15. 3rd Pharmaceutical Sciences and Pharmacology (PHARMA2015)Singapore. Dates are not yet confirmed.
  16. WFSICCM — Congress of the World Federation of Societies of Intensive and Critical Care Medicine, 29 Aug 2015 → 02 Sep 2015, Seoul, Korea, South Korea
  17. EUSTM-2015 — 3rd Annual Congress of the European Society for Translational Medicine, 01 Sep 2015 → 04 Sep 2015, Vienna, Austria

Relevant Society and Associations

  1. European Pharmaceutical Union (EPU)
  2. Pharmaceutical Group of the European Union (PGEU)
  3. European Association of Employed Community Pharmacists in Europe (EPhEU)
  4. Pharmaceutical Society of Australia
  5. Canadian Pharmacists Association
  6. Chinese Pharmaceutical Association
  7. Danish Association of Pharmaconomists
  8. Indian Pharmacist Association
  9. Pharmaceutical Society of Ireland

Companies

  1. Pfizer
  2. Novartis
  3. Merck
  4. Sanofi
  5. GlaxoSmithKline
  6. AstraZeneca
  7. Johnson & Johnson

This page will be updated regularly.

This page was last updated on 12th Sep, 2015

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