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The National Pharmaceutical Pricing Authority (NPPA) is a government regulatory agency that controls the prices of pharmaceutical drugs in India. [1] National Pharmaceutical Pricing Authority (NPPA) was constituted vide Government of India Resolution dated 29 August 1997 as an attached office of the Department of Pharmaceuticals (DoP), Ministry of Chemicals and Fertilizers as an independent ...
In India, the government first enacted price controls in 2013 for the Drug Price Control Order (DPCO). This order gave the local regulatory body and the Pharmaceutical Pricing Authority the power to set ceiling prices on the National List of Essential medicines. [20]
The Act allows the Government of India to control the sales, supply and distribution of any drug in India. The government can set maximum selling price, and impose various restriction on sale, including the maximum quantity to be possessed by a dealer and the maximum quantity to be sold to one person.
BPPI (Bureau of Pharma Public Sector Undertakings of India) has been established under the Department of Pharmaceuticals, Govt. of India, with the support of all the CPSUs for co-ordinating procurement, supply and marketing of generic drugs through Pradhan Mantri Bharatiya Janaushadhi Pariyojana Kendra. [3]
The Indian government has announced its plan to bring all medical devices, including implants and contraceptives under a review of the Central Drugs and Standard Control Organisation (CDSCO). Within the CDSCO, the Drug Controller General of India (DCGI) regulates pharmaceutical and medical devices and is positioning within the Ministry of ...
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(Reuters) -Pharmaceutical companies are due to receive by Thursday the U.S. government's opening proposal for what are expected to be significant discounts on 10 of its high-cost medicines, an ...
Humulin saw the biggest price hike, rising 1,070.1% from $67 in 2012 to $1,512 in 2022. Adriana Belmonte is a reporter and editor covering politics and health care policy for Yahoo Finance.