A beneficient scheme was launched by Union Health Minister J P Nadda when he inaugurated India’s first pharmacy retail store at the All India Institute of Medical Sciences (AIIMS) that will provide drugs for cancer and cardiovascular diseases at a 60 to 90 per cent discount on prevailing market rates.
The pharmacy which will be branded AMRIT (Affordable Medicines and Reliable Implants for Treatment), will also provide cardiac implants that will be sold at 50 to 60 per cent discount.
The reason this is a good move is simply because of the size of the addressable market. There are about 2.8 million people who suffer from cancer at any point of time in India. With 700,000 new cancer cases diagnosed every year and half-a-million deaths a year, India has a sizeable population of cancer patients.

