Indian pharmaceutical companies are on an acquisition spree after a decade of caution and organic growth. And their main target appears to be cancer drugs. As patient numbers continue to rise, the country's Parliamentary panel has also called for free cancer treatment to middle-class households through a government-funded health insurance scheme, reports The Pharma Letter’s India correspondent.
Recently, four major anti-cancer drugs were added to India's National List of Essential Medicines (NLEM), with an official noting that the government is also looking to rationalize trade to make common cancer medicines more affordable.
With India’s cancer burden set to grow to over 1.5 million cases by 2025, the powers-that-be are keen to roll out more cancer treatments.
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