Central govt had proposed to apply trade margin rationalisation (TMR) approach to regulate prices of non-scheduled drugs, which would have resulted in capping trade margins.
New Delhi: A panel under the country’s drug pricing agency, the National Pharmaceutical Pricing Authority (NPPA), has flagged that the injectible version of a...
Manufacturers and importers have been asked to report revised MRP within three days. Currently, the margin on oxygen concentrators at the distributor level ranges up to 198%.
Drug price regulator's decision comes amid increase in approvals to fixed dose combination medicines or drug cocktails that it says could pose health hazard.
NPPA has issued a list of ‘overcharging cases’ under litigation, which includes matters dating back to 1997 & those where firms have moved court against the allegations.
An increasing number of fixed dose combination drugs is not desirable in the overall public interest and welfare, says the National Pharmaceutical Pricing Authority.
The NPPA observations came this week as it took up applications to fix the prices of 34 new drugs, most of which were fixed-dose combination medicines or drug cocktails.
Covid-19 has increased demand for medical oxygen by almost four times from 750 MT per day to around 2,800 MT per day, the Ministry of Chemicals and Fertilizers said.
NPPA has been seeking reports from industry bodies on complaints regarding violations of the self-regulatory mechanism meant to discourage pharma malpractices. But it said in reply to an RTI query that this isn't part of its mandate.
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