Tag: price cap

Government decides not to introduce ceiling price for airfares | New Straits Times

Government decides not to introduce ceiling price for airfares | New Straits Times

KUALA LUMPUR: The government has decided not to introduce ceiling price for airfares as it will bring detrimental effect to consumers in the long run. Transport Minister Anthony Loke Siew Fook said a study undertaken by the Malaysian Aviation Commission (Mavcom) has shown one-way domestic airfares has been on the decline over the past few […]

Honda Capped Price Servicing – Cost, Schedule & Info | CarsGuide

Honda Capped Price Servicing – Cost, Schedule & Info | CarsGuide

Honda offers a capped price servicing program for all of its current models, with the company’s Australian arm labelling it Honda Tailored Servicing. According to Honda Australia, “We want to make sure that Honda servicing is tailored to your needs”, and “that means guiding you through how much it costs to maintain your vehicle”. So, […]

BCers tell gov’t survey they want ticket resales capped, bots banned | NEWS 1130

BCers tell gov’t survey they want ticket resales capped, bots banned | NEWS 1130

‘No teeth’: experts concerned resale price caps won’t be effective At least 53 per cent like the idea of capping prices at 25 per cent above face value, something local ticket broker Kingsley Bailey says is unrealistic, even though he supports the idea. “There’s no teeth in that because there’s an unlevel playing field. They […]

Price caps for airlines complicated but minor issue, says CIMB Research | The Star Online

Price caps for airlines complicated but minor issue, says CIMB Research | The Star Online

CIMB Research believes that the price caps are likely to be set quite high, because 1) a low-price cap will hurt Malaysia Airlines (MAS) and Malindo more, as their airfares are typically higher than AirAsia ‘s, and 2) it is not in the interests of Mavcom to drive MAS and Malindo out of business, since […]

Novartis Halts Planned Price Increases For Drugs Amid Scrutiny of Relationship With Trump Attorney | BioSpace

Novartis Halts Planned Price Increases For Drugs Amid Scrutiny of Relationship With Trump Attorney | BioSpace

Swiss pharma giant Novartis is halting planned price increases on its medications after President Donald Trump took Pfizer to task over price hikes earlier this month. Pfizer agreed to roll back its price increases last week. Novartis Chief Executive Officer Vas Narasimhan said the company voluntarily halted its price increases because it wants the consumer cost of […]

Novartis pushes for new pricing strategy in Japan | Dominion Funds

Novartis pushes for new pricing strategy in Japan | Dominion Funds

Swiss pharmaceutical giant Novartis is urging Japan to consider a new pricing model for medicines that link payment to patient outcomes. This is not new ground for Novartis: the company has experimented with similar pricing strategies elsewhere, and has been amongst the most innovative players in the sector when it comes to thinking about how […]

Draft pharma policy seeks to bridle NPPA’s pricing powers | domain-b.com

Draft pharma policy seeks to bridle NPPA’s pricing powers | domain-b.com

The draft pharma policy prepared by the government proposes the setting up of an advisory body to assist the National Pharmaceutical Pricing Authority (NPPA) in fixing prices, a move that would take away the drug pricing authority’s powers to fix prices. The draft pharmaceutical policy, prepared by the department of pharmaceuticals under the ministry of […]

Novartis price dilemma over $21,000 drug | The Austrailian

Novartis price dilemma over $21,000 drug | The Austrailian

Novartis recently discovered that a drug it sells for a group of very rare diseases could be used to treat a much more common ailment. There is just one problem: its $US16,000-per-dose ($A21,000) price tag. The drug, called ACZ885, is already sold under the brand name Ilaris for certain rare inflammatory disorders affecting a very […]

Drug-Pricing Regulator Wants Medical Devices Added To Price Control List | NDTV Profit

Drug-Pricing Regulator Wants Medical Devices Added To Price Control List | NDTV Profit

India’s drug-pricing regulator has asked the health ministry to add four more medical devices to a list of products eligible for price controls to reduce costs to patients, which if agreed could be another blow to the country’s $5 billion-a-year medical-technology industry. The National Pharmaceutical Pricing Authority (NPPA) had said it did not plan further […]

Company Put Profit Over Patients in Pricing $1,000 Hepatitis Pills: Senate Report | NBC News

Company Put Profit Over Patients in Pricing $1,000 Hepatitis Pills: Senate Report | NBC News

A company that makes two of the priciest drugs on the market was looking to make profits and didn’t care if patients could afford them, a Senate committee said Tuesday. Gilead’s $1,000-a-pill Sovaldi, which can cure hepatitis, has cost the federal government billions and is too expensive for many patients to afford, the Senate Finance […]