• About us
  • Team
  • Privacy Policy
  • Contact
Saturday, November 7, 2026
  • Login
No Result
View All Result
World's first weekly chronicle of development news
  • Blitz Highlights
    • Special
    • Spotlight
    • Insight
    • Entertainment
    • Sports
  • Opinion
  • Legal
  • Perspective
  • Nation
    • East
    • West
    • North
    • South
  • Business & Economy
  • World
  • Hindi Edition
  • International Editions
    • Dubai
    • Tanzania
    • United Kingdom
    • USA
  • Blitz India Business
  • Blitz Highlights
    • Special
    • Spotlight
    • Insight
    • Entertainment
    • Sports
  • Opinion
  • Legal
  • Perspective
  • Nation
    • East
    • West
    • North
    • South
  • Business & Economy
  • World
  • Hindi Edition
  • International Editions
    • Dubai
    • Tanzania
    • United Kingdom
    • USA
  • Blitz India Business
No Result
View All Result
World's first weekly chronicle of development news
No Result
View All Result

Law needed to curb unhealthy nexus

by Blitz India Media
July 27, 2023
in News
0

That some pharmaceutical companies give expensive gifts, distribute cash and pay for extravagant pleasure trips of doctors is no news. What is alarming is that there is no law to punish those guilty of this unethical practice; and the Government refuses to blink. As a result, patients are forced to buy costly medicines while the nexus between the pharmaceutical companies and the doctors flourishes.

The Medical Council of India (MCI) has a code of ethics which bars doctors them from accepting any gifts, cash, travel facilities or hospitality from pharmaceutical companies. However for the companies, there is a voluntary code, known as the Uniform Code of Pharmaceutical Marketing Practices (UCPMP), which experts says is a not a very effective mechanism.

The Government, it seems, has only lately woken up to the malpractices being resorted to by the drug companies. The Finance Bill, 2022 has come up with an amendment to Section 37(1) of the Income Tax Act that says freebies/expenses by the pharmaceutical companies that violate the MCI ethics will not be eligible for deductions while computing their business income.

A study found that seven major pharmaceutical companies alone spent a total of Rs 34,186.95 crore on marketing during the eight years, which significantly increased the price of the drug

Tax experts, however, opine that the amendment is a very small step towards cleaning up the unhealthy practices in the healthcare system. There is very little regulation or checks on malpractices, they say. In the last 10 years, only a few doctors have been debarred from practice. A study found that seven major pharmaceutical companies alone spent a total of Rs 34,186.95 crore on marketing during the eight years, which significantly increased the price of the drug. Sales promotion, says the report, accounts for about 20 per cent of the cost of a drug.

The Government had proposed implementing the Uniform Code for Pharmaceuticals Marketing Practices in 2015, which was then made voluntary, after many protests. The code was to be implemented for six months, after which it was to become a legal provision. But this has not happened till date.

India needs a strict law, like the international provisions, which not only curbs unethical practices but also mandates severe punishment for playing with the health of the people.

There are stringent laws in place to reduce corruption in the pharmaceutical sector in countries like the United States, France, Germany, Hungary, Italy and the UK. And these laws are effectively implemented. In 1996, a doctor was sentenced to death for a heart valve scandal in Germany. Johnson & Johnson was fined $2.2 billion in 2009 while Pfizer was fined $2.3 billion in 2013.

There are more such examples, like Glaxo Smith Kline paying a fine of 3 billion euros in 2014, in a case in which four officials went to jail in China. In 2018, Pfizer had to pay a $23.85 million fine for bribery in India to settle a US kickback probe. Unless India, too, comes up with a robust law, the nexus between drug manufactures and doctors, who prescribe their products under undue influence, will continue to thrive.

Related Posts

Alcaraz
News

Alcaraz saves match points to beat Fritz

November 7, 2026
Rajnath meets IAF personnel at Bengal's Bagdogra
News

Rajnath meets IAF personnel at Bengal’s Bagdogra

November 7, 2026
India-EU Research Cooperation
News

India, EU negotiations to join ‘Horizon Europe’ programme completed

November 7, 2026
India inks Rs 53,866 crore warship deal with domestic shipyards
News

India inks Rs 53,866 crore warship deal with domestic shipyards

November 7, 2026
gold
News

Gold ETF Folios surge in 3 years, outpacing large-cap funds

November 6, 2026
Power to Empower
News

Adopt preventive healthcare, healthier habits this Dhanteras: PM Modi

November 6, 2026
Load More
Next Post

Blended mode unavoidable

Recent News

Alcaraz
News

Alcaraz saves match points to beat Fritz

by Blitz India Media
November 7, 2026
0

Paris, 7 November: Carlos Alcaraz dug deep to defeat a stern challenge from Taylor Fritz, 6-7(10), 7-5, 6-3, and march...

Read moreDetails
Rajnath meets IAF personnel at Bengal's Bagdogra

Rajnath meets IAF personnel at Bengal’s Bagdogra

November 7, 2026
India-EU Research Cooperation

India, EU negotiations to join ‘Horizon Europe’ programme completed

November 7, 2026
India inks Rs 53,866 crore warship deal with domestic shipyards

India inks Rs 53,866 crore warship deal with domestic shipyards

November 7, 2026
gold

Gold ETF Folios surge in 3 years, outpacing large-cap funds

November 6, 2026

Blitz Highlights

  • Special
  • Spotlight
  • Insight
  • Entertainment
  • Health

International Editions

  • US (New York)
  • UK (London)
  • Middle East (Dubai)
  • Tanzania (Africa)

Nation

  • East
  • West
  • South
  • North
  • Hindi Edition

E-paper

  • India
  • Hindi E-paper
  • Dubai E-Paper
  • USA E-Paper
  • UK-Epaper
  • Tanzania E-paper

Useful Links

  • About us
  • Team
  • Privacy Policy
  • Contact

©2024 Blitz India Media -Building A New Nation

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

    No Result
    View All Result
    • Blitz Highlights
      • Special
      • Spotlight
      • Insight
      • Entertainment
      • Sports
    • Opinion
    • Legal
    • Perspective
    • Nation
      • East
      • West
      • North
      • South
    • Business & Economy
    • World
    • Hindi Edition
    • International Editions
      • Dubai
      • Tanzania
      • United Kingdom
      • USA
    • Blitz India Business

    ©2024 Blitz India Media -Building A New Nation