New essential medicine list released to cap prices
News: In NLEM 2022, 34 new drugs have been added to the essential medicines list while 26 were dropped from existing list. Drugs in the NLEM 2022, will guide the NPPA to cap prices. Most drugs that have been now brought into the NLEM include anti-infectives, anti-diabetics and anesthetics.
View: Inclusion of Insulin Glargine was on expected lines and Sanofi may need to bear some price impact for Lantus. Other companies from our coverage universe will see minor impact while exclusion of Ranitidine from NLEM may well be positive for Zydus Lifesciences.