India caps price of 108 more medicines; drugmakers to take hit

India has capped the prices of more than 100 drugs used to treat diseases ranging from diabetes to HIV, a move likely to hit the profit margins of drug firms such as Sanofi SA, Abbott Laboratories and Ranbaxy Laboratories Ltd.

http://in.reuters.com/article/2014/07/14/india-drugs-prices-idINKBN0FJ0KD20140714

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