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Iran war could lift essential drug prices by up to 5 percent for months

Economy
Published on 24 April 2026
Iran war could lift essential drug prices by up to 5 percent for months

Prices may rise 3 to 5 percent soon

India’s pharma industry warns that the Iran war’s ripple effects on input costs may push prices of essential drugs up by 3 to 5 percent in the near term. The increase is expected to last about 3 to 4 months, but companies are keeping the door open for a rollback if costs stabilise, bringing prices back closer to recent levels.

  • Essential drug prices may rise 3 to 5 percent
  • Impact is expected to last 3 to 4 months
  • Rollback is possible if input costs stabilise
  • The increase mirrors pre-late-September GST cut levels
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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