Government body National Pharmaceutical Pricing Authority National Pharmaceutical Pricing Authority (NPPA) fixed the ceiling price of 54 drug formulations used for the treatment of cancer, diabetes rheumatoid arthritis, bacterial infections and hypertension.
The ceiling prices were revised by NPPA as per the Schedule-I under Drugs (Price Control) Amendment Order (DPCO), 2016. Apart from this, it also fixed the retail price of 11 formulations under DPCO, 2013, which covers 680 formulations. DPCO, 2013 was notified on 15 May 2013 replacing the 1995 order that regulated prices of only 74 bulk drugs.
1. Expand the term NPPA ?
2. Government body _____ fixes the ceiling price of 54 drug formulations.
Source – The Hindu