National Pharmaceutical Pricing Authority
| Agency overview | |
|---|---|
| Formed | August 29, 1997 |
| Jurisdiction | India |
| Headquarters | 3rd/5th Floor, YMCA Cultural Center Building 1, Jai Singh Road, New Delhi, India |
| Agency executive | Injeti Srinivas |
| Parent department | Department of Chemicals and Petrochemicals, Ministry of Chemicals and Fertilizers |
| Website |
nppaindia |
The National Pharmaceutical Pricing Authority (NPPA) is a government regulatory agency that controls the prices of pharmaceutical drugs in India.[1]
Overview
The NPPA was formed in 29 August 1997. It has been given powers to implement and enforce the Drugs Price Control Order (DPCO), 1995/2013. It can fund studies regarding pricing of drugs. It also has the task to monitor drug shortages and take appropriate actions to rectify it. It also has to collect and maintain data regarding the import and export of drugs, market shares of pharmaceutical companies and their profits. It also handles legal disputes that arise out of policies created by it. It advices the Government of India in matters of drug policies and pricing.[2]
References
- ↑ "Regulator may permit rejig of pharma packaging cost". Business Standard. 28 May 2012. Retrieved 20 July 2014.
- ↑ "National Pharmaceutical Pricing Authority (NPPA)". Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers. Retrieved 20 July 2014.