OnDemand WTP Pricing Research

Draft pharma policy seeks to bridle NPPA’s pricing powers | domain-b.com

The draft pharma policy prepared by the government proposes the setting up of an advisory body to assist the National Pharmaceutical Pricing Authority (NPPA) in fixing prices, a move that would take away the drug pricing authority’s powers to fix prices.

The draft pharmaceutical policy, prepared by the department of pharmaceuticals under the ministry of chemicals and fertilizers, proposes that an advisory body also comprising representatives of the industry nominated by the government to assist the NPPA in fixing prices.

The new pharma sector policy also seeks to end the anomaly of a divergent regulatory system where the Central Drugs Standard Control Organisation, a regulatory body for pharmaceuticals and medical devices, functions under the health ministry, while the NPPA comes under the fertilizer and chemicals ministry’s department of pharmaceuticals.

Read complete article here:

domain-b.com : Draft pharma policy seeks to bridle NPPA’s pricing powers.

Post a Comment

WP-SpamFree by Pole Position Marketing