National Pharmaceutical Pricing Authority

Type: Organization
Name: National Pharmaceutical Pricing Authority
First reported 1 hour ago - Updated 1 hour ago - 1 reports

Availability of Drugs and Their Prices

The National Pharmaceutical Pricing Authority (NPPA) regularly monitors availability of drugs on the basis of monthly reports received from State Drugs Control Administration and also complaints, if any received from NGOs, individuals etc. ... [Published Press Information Bureau India - 1 hour ago]
First reported 6 hours ago - Updated 6 hours ago - 1 reports

Price caps on drugs hurt Indian units of global pharma firms

Mumbai: India’s widening of price controls to drugs with revenues of about $915 million adds pressure on the local units of global manufacturers to boost sales volumes. India capped prices of 50 diabetes and heart treatments last week, with limits possible ... [Published NextBillion.net - 6 hours ago]
First reported 11 hours ago - Updated 11 hours ago - 1 reports

India wants price controls on cancer generics

India's National Pharmaceutical Pricing Authority (NPPA) requested pricing information on generic cancer drugs from six pharma companies so the agency can fix the products' ceiling prices. The products, which are included on the country's national li ... [Published BioPortfolio - 11 hours ago]
Entities: Price Control, Cancer, India
First reported 14 hours ago - Updated 14 hours ago - 1 reports

India's Reminds Six Drug Makers Cost Data Due July 24 For New Pricing

Article # 28140722002Posted: Jul. 21, 2014 10:45 PM GMTTwo days short of a deadline, Biocon , Cipla , Pfizer , Ranbaxy Laboratories and two other drug makers have yet to file required cost information of certain drugs, according to the National Pharmaceutical ... [Published Health News Daily - 14 hours ago]
First reported Jul 21 2014 - Updated Jul 21 2014 - 1 reports

Updates In The Indian Pharma Sector

| 17:48, Updated at Mon, Jul 21 at 17:48Source : Moneycontrol.comOver the last week, significant developments have taken place in the Indian pharmaceutical sector. The National Pharmaceutical Pricing Authority (NPPA) has released certain draft guidelines ... [Published Moneycontrol.com - Jul 21 2014]
First reported Jul 21 2014 - Updated Jul 21 2014 - 1 reports

NPPA's move to put price control on more drugs to hurt pharma industry

National Pharmaceutical Pricing Authority (NPPA) move to bring diabetes and cardiovascular medicines under price control regime is likely to have adverse impact on the Indian pharmaceutical industry, which has urged the government to hold the move till ... [Published Business Standard India - Jul 21 2014]
First reported Jul 21 2014 - Updated Jul 21 2014 - 1 reports

End Disparity in Drug Prices to Aid Patients

The National Pharmaceutical Pricing Authority’s decision to cap the ceiling prices of 108 anti-diabetes and cardiovascular formulations has upset the drug industry, which is up in arms against the order. When the industry argues these medicines don’t ... [Published New Indian Express - Jul 21 2014]
First reported Jul 20 2014 - Updated Jul 20 2014 - 1 reports

Essential drug prices to reduce

Picture for representational purpose (Photo: DC archives)Hyderabad: The National Pharmaceutical Pricing Authority is thinking of bringing highly used medicines and vaccines for viral infections, asthma, tuberclosis, malaria and a small section of cancer ... [Published Deccan Chronicle - Jul 20 2014]
First reported Jul 20 2014 - Updated Jul 20 2014 - 1 reports

Price cut: Drug makers' profitability may come under pressure

With the Drug Price Control Order (DPCO) coverage extending to almost 40 per cent of the industry, the profitability in the domestic business of pharma companies is likely to come under pressure, rating agency ICRA said here.Last week, the National Pharmaceutical ... [Published Business Standard India - Jul 20 2014]
First reported Jul 20 2014 - Updated Jul 20 2014 - 1 reports

Know why premium condoms are on the verge of extinction in India!

The National Pharmaceutical Pricing Authority in India has capped the price of the male contraceptive at Rs. 8.04 apiece in an order last week, which has forced the condom manufacturers to move to the courts against the capping of price.If the current ... [Published Daily Bhaskar - Jul 20 2014]
First reported Jul 18 2014 - Updated Jul 18 2014 - 4 reports

?Prices of 440 essential drugs cut?

New Delhi, 18 July: Prices of 440 essential medicines have been reduced substantially as on 30 June this year by bringing them under the National List of Essential Medicines, Parliament was informed today.There are 680 formulations under the National ... [Published The Statesman - Jul 18 2014]
First reported Jul 17 2014 - Updated Jul 18 2014 - 3 reports

Eli Lilly unhappy with National Pharmaceutical Pricing Authority, calls for consultative approach

Eli Lilly expressed disappointment over a decision by India's drug price controller NPPA to fix the price of medicines that are not under price control, Economic Times reported. The drugmaker called for a transparent consultative approach with all stakeholders ... [Published FirstWord Pharma - Jul 18 2014]

Quotes

"With DPCO coverage extending to almost 40 per cent of the industry, the profitability in the domestic business of pharma companies is likely to come under pressure. We expect companies to therefore turn their focus on cost control measures, new product introductions to circumvent the impact of pricing policy and lay greater emphasis on field force productivity initiatives" Icra Research said in its report
The NPPA notification ensures that the manufacturers comply with the regulation otherwise they will be "liable to deposit overcharged amount along with the interest thereon under the provisions of the Drugs (Prices Control) Order, 2013 read with the Essential Commodities Act, 1955." This is an added concern for the manufacturers in India
Now the regulator has said, "The manufacturers of above mentioned scheduled formulations (condoms) having maximum retail price higher than the ceiling price...shall revise the MRP (maximum retail price) to an amount not exceeding the ceiling price plus local taxes, wherever applicable."
Olaizola, however, said the company is "working to ensure we comply with all orders issued by the NPPA regarding pricing of medicines."

More Content

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sort by: Date | Relevance
Availability of Drugs and Their Prices [Published Press Information Bureau India - 1 hour ago]
Price caps on drugs hurt Indian units of global... [Published NextBillion.net - 6 hours ago]
Maha FDA writes to NPPA to bring medical device... [Published PharmaBiz - 11 hours ago]
India wants price controls on cancer generics [Published BioPortfolio - 11 hours ago]
India's Reminds Six Drug Makers Cost Data Due J... [Published Health News Daily - 14 hours ago]
Updates In The Indian Pharma Sector [Published Moneycontrol.com - Jul 21 2014]
NPPA's move to put price control on more drugs ... [Published Business Standard India - Jul 21 2014]
DoP overturns price fixation of Superspas-RF in... [Published PharmaBiz - Jul 21 2014]
End Disparity in Drug Prices to Aid Patients [Published New Indian Express - Jul 21 2014]
Essential drug prices to reduce [Published Deccan Chronicle - Jul 20 2014]
Price Cap: Drug Makers' Profitability May Come ... [Published NDTV Profit - Jul 20 2014]
Know why premium condoms are on the verge of ex... [Published Daily Bhaskar - Jul 20 2014]
Price cut: Drug makers' profitability may come ... [Published Business Standard India - Jul 20 2014]
A clear policy framework must: Edgard A Olaizola [Published Smart Investor - Jul 20 2014]
India Just Did What Millions of Americans Wish ... [Published Motley Fool Discussion Boards - Jul 19 2014]
Revision of Select Drug Prices to Cost Industry... [Published New Indian Express - Jul 19 2014]
?Prices of 440 essential drugs cut? [Published The Statesman - Jul 18 2014]
Pharma industry concerned on Centre's drug pric... [Published Business Standard India - Jul 18 2014]
Why Premium Condoms Risk Extinction in India [Published NDTV Profit - Jul 18 2014]
Price cut: Drug-makers may take ₹600-cr revenue... [Published Hindu Business Line - Jul 18 2014]
Free market? Not for drugs [Published Hindu Business Line - Jul 18 2014]
Eli Lilly unhappy with National Pharmaceutical ... [Published FirstWord Pharma - Jul 18 2014]
Prices of 440 essential drugs cut: Government [Published Livemint.com - Jul 18 2014]
Eli Lilly unhappy with NPPA, calls for consulta... [Published Business Standard India - Jul 18 2014]
Prices of 440 Essential Drugs Cut: Govt [Published Outlook India - Jul 18 2014]
Pharma industry apprehensive of centre's move t... [Published Smart Investor - Jul 18 2014]
Drugs Pricing [Published Press Information Bureau India - Jul 18 2014]
Reducing prices of medicines but why only for d... [Published Kashmir Times - Jul 18 2014]
Price caps on drugs hurt Indian units of global... [Published Livemint.com - Jul 18 2014]
Passing the burden [Published Business Standard India - Jul 17 2014]
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