India’s biggest medicine scandal allegedy exposed by PR Somani, President Nizamabad Chamber of Commerce and Industry

New Delhi: P.R. Somani, Founder president of THE NIZAMABAD CHAMBER OF COMMERCE & INDUSTRY allegedly Exposed biggest Medicine scandal regarding abnormal MRP printed on medicines by the manufacturers at a Press conference in Delhi.

While addressing the Media, Somani said,

“MRP printed on Medicines by the manufacturers upto 3000% more on their selling prices and 130 crore people of the country are been looted everyday by them
especially poor people are getting squeezed. Somani shared the proof,facts and figures regarding this with media persons.”

He further said, “As on today there is no drug price policy to control prices of medicines. Therefore, pharmaceutical companies are printing abnormally high MRPs even up to 3,000 per cent on their medicines including generic medicines and life saving drugs and even surgical equipment also.”

“Thus, there is a huge difference between wholesale price and retail price of medicines. For example Manufacturers are selling medicine to wholesalers at Rs 395 and the wholesalers in return are selling the same medicine to retailers at Rs.100. However, the retailers are selling the medicine at MRP Rs.2,000 as manufacturers are printing the MRP Rs.2,000 on the labels.”