Centre likely to cap veterinary drug prices

New Delhi: After medical devices and stents, the government is considering capping the prices of veterinary drugs in a bid to push Prime Minister Narendra Modi’s new scheme to control livestock diseases. An expert committee has been tasked with preparing a list of veterinary drugs that should be available in adequate numbers and assured quality at all times at affordable prices. A new catalogue of drugs and vaccines for animal use will be created, people familiar with the matter told ET. The move could impact companies in the animal healthcare business in India, including Zydus Cadila, Intas Pharmaceuticals,

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