Monday, February 29, 2016

Pharma and Healthcare: Not a health friendly budget

Not a health friendly budget as it misses industry hopes and may result in Prime Minister Narendra Modi failing in his pharma and health exam paper.


Fails to provide special incentives to empower private healthcare, research and development of drugs and incentives to motivate the drug making in the state India….


Imported dialysis equipment will be exempted from customs duty, completely or partially and to mitigate excise and other taxes for these equipment.The National Dialysis Service Programme to be taken out in district hospitals in a PPP mode-


Impact: "Good news for renal sufferers and emerging nephro chains such as DaVita NephroLife, Mumbai based Apex Kidney Care. NephroPlus, NU hospitals etc.

"The present dialysis market size in the state India is about $350 million and it is increasing at about 20-25% yearly. About 3,50,000 persons in India reach end-stage kidney disease each year. Various estimates claim about 20 million persons in the country have chronic kidney infections and of this, about 6-8 million are on dialysis.

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