Medicines constitute 50 to 80 percent of the costs of health care in India, which is the second-most leading cause of rural indebtedness in India after expenses on social rituals. We at LOCOST believe that medicines should be accessible and affordable to all, if India is to reach the goal of health for all.
There are many stakeholders in the pharmaceutical industry. However, for us, the most important are those people who cannot afford them or access them.