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Ask industry insiders and the general opinion is that instead of moving the CDSCO to the chemicals and fertilisers ministry, it will make more sense to shift the Department of Pharmaceuticals and the NPPA to the health ministry, which should continue to retain the CDSCO (See Table The Web of Governing Structures).
The minister further said the NPPA would fix prices of all the remaining medicines in NLEM in a couple of months.
The NPPA is empowered to fix and regulate the prices of medicines produced by utilizing a percentage of the most commonly used bulk drugs kept under statutory price control with provisions for prosecuting any drug manufacturer found overcharging under the Essential Commodities Act and recovering the amount with interest.
The NPPA letter says the restrictions are overly broad and open to interpretation, and singles out the seven-photo limit and the 72-hour posting restriction.
Acccording to NPPA chairman Bhupendra Singh, this has reduced the overall cost by an average of 25-50%.
Others feel if NPPA loses some of its powers, it would make matters less restrictive for the industry.
Drug price regulator NPPA has also fixed the retail price of 13 formulations.
At present, Crocin Advance fast release 500 mg is priced at Rs 30 for a strip of 15 tablets, whereas the price of paracetamol 500 mg - the drug molecule - is capped by NPPA at 94 paise for a tablet, or around Rs 14 for a strip of 15.
Cave Hunter's triumph in the NPPA Club Members Race, in the fastest time of the day, maintained a 100% record this season for Hawick trainer, Wendy Hamilton.
Some have covered it up and we have not heard a real pushback from the NFL," said Jim Straight, NPPA executive director.
Summary: New Delhi [India], August 8 (ANI-NewsVoir): Industry is appreciative of the Government's efforts to ascertain trade margins of various medical devices and has been forthcoming in providing all cost and price related data points to NPPA, from time to time.
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