If asked to name one thing that affects our life in most phases one would hardly say pharmaceuticals. But wait this is a fact that most of us since our birth depend on pharmaceuticals in one-way or other. Definitely by age our dependence on pharmacy products increases but even teenagers and young ones consume a big percentage of pharmaceutical derivatives.
Pharmaceuticals play a vital role in our day-to-day living. And hence their rising costs are destined to be our major concern. The ever growing prices of pharmaceutical products severely pinches ones pocket, cause this is one area where there is no choice of take or leave. If a person is suffering from certain disease and the doctor prescribes him any medicines he must purchase it whether it suits his pocket or not. One is left with no choice but to pay the chemist. Hence there is a great need to regulate the prices of drugs, at least to watch that its price is not much above the cost incurred plus a marginal profit for the manufacturing company. As of now many market leaders are found to price their monopoly drugs at a very high rate. Even medicines or regular use are very costly. Drugs sold by prescription being...