Pharmacy firms like Glaxo, Pfizer, Ranbaxy, Dr. Reddy's, Alembic etc charge upto 1123% above their Production Cost. National Pharmaceutical Pricing Authority (NPPA) allows only 100% !! MRP forces you to pay 10 times more! A govt study report.
Most of teh companies are wetern based and any action taken on them has a reflex action on indian firms situated there.
the pricing is so bad , that in one of teh episodes of stayamev jayetey it was showed that a medicine that could cost rs.150 was sold at rs.400 , which the patient could not afford and lost her life due to no medicines.
despite thsi , we indians are treated as cattle class. or maybe dog class. the government apathy is such they feel , you are dg class , you keep barking , while we keep stashing money away in lucrative shores