How pharma companies cheat Consumers & Govt
Govt recently has capped pricing of several drugs. The Govt actually caps prices of salts or formulae inside drugs.
Some pharma companies there fore add a new supposedly harmless ingredient to the drugs and then escape these price caps.
Enforcement is either not there or is bought over. more
I am part of pharmaceutical industry, working in pharmaceutical company marketing product s which contains vitamins and minerals, I am working in sales and marketing department as fourth line manager.
There is no price control on vitamin and mineral and protein supplements so many companies, even local companies or businessman having money power or senior/ retired person s from pharmaceutical industry start marketing their products, many a times these people don't have own manufacturing as well as research and development unit, they get these products manufactured from third parties. Most of them manufacturers vitamins and minerals , protein supplements which are out of price control act.
Government should have price control on brands which contains vitamins and minerals, protein. more