Kerala Government Sells Life Saving Drugs at Cheaper Rates

Published on: 08 Apr, 2013
Published under: General Kerala News, Kerala Health News

April 7 2013
Thiruvananthapuram

Kerala Medical Services Corporation Ltd (KMSCL), a government-owned enterprise, offers life-saving drugs at substantially lower costs in some cases at one-sixth of the market price compared with the retail market . KMSCL procures medicines in bulk and drives a hard bargain while negotiating prices with drug companies. By engaging directly with these companies, the enterprise has eliminated middlemen altogether.

KMSCL sells medicines through a chain of stores called Karunya. It has so far opened five medical stores at five medical colleges in the state.The enterprise is planning to open up to 30 shops soon, thereby covering all the district hospitals and general hospitals.

Source – http://articles.economictimes.indiatimes.com/2013-04-07/news/38346300_1_kmscl-essential-drugs-life-saving-drugs

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