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Seaquist ER, Anderson J, Childs B, Cryer P, Dagogo-Jack S, Fish L, et al

Key Issues Export shipments halted to West Asia Payments delayed due to economic slowdown in the region Shipping costs increased significantly Cost Impact Freight costs increased by up to $2,000 per container Raw material costs continue to rise NPPA Allows 0.64% Price Hike for Essential Medicines Date: March 25, 2026 The National Pharmaceutical Pricing Authority approved a 0.64% price increase for essential medicines under the National List of Essential Medicines

The proposal reflects a recognition that cash-pay models have limited impact when they exist outside the insurance system

In all regions, the approval process involves preclinical research, clinical trials, and post-market surveillance to ensure the drugs' long-term safety and effectiveness, addressing the growing global diabetes burden