Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]Code Context
trigger_error($message, E_USER_DEPRECATED);
}
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [ [maximum depth reached] ] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/overcharging-set-to-cost-pharma-companies-full-sales-revenue-of-drug-17801/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/overcharging-set-to-cost-pharma-companies-full-sales-revenue-of-drug-17801/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73 Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51 Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]Code Context
trigger_error($message, E_USER_DEPRECATED);
}
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [ [maximum depth reached] ] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/overcharging-set-to-cost-pharma-companies-full-sales-revenue-of-drug-17801/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/overcharging-set-to-cost-pharma-companies-full-sales-revenue-of-drug-17801/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74 Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51 Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]Code Contextif (Configure::read('debug')) {
trigger_error($message, E_USER_WARNING);
} else {
$response = object(Cake\Http\Response) { 'status' => (int) 200, 'contentType' => 'text/html', 'headers' => [ 'Content-Type' => [ [maximum depth reached] ] ], 'file' => null, 'fileRange' => [], 'cookies' => object(Cake\Http\Cookie\CookieCollection) {}, 'cacheDirectives' => [], 'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head> <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr68027d4997db5-trace').style.display = (document.getElementById('cakeErr68027d4997db5-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr68027d4997db5-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr68027d4997db5-code').style.display = (document.getElementById('cakeErr68027d4997db5-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr68027d4997db5-context').style.display = (document.getElementById('cakeErr68027d4997db5-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr68027d4997db5-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr68027d4997db5-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 17672, 'title' => 'Overcharging set to cost pharma companies full sales revenue of drug', 'subheading' => '', 'description' => '<div style="text-align: justify"> -The Economic Times </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> <em>MUMBAI:</em> A drug maker found overcharging will have to shell out the entire sales revenue of the medicine from the date of its launch as penalty, according to a directive issued by the country's drug price regulator. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> &quot;If a company has not been booked for overcharging for selling the product without price approval, if any, pertaining to the period prior to fixation of the price of the said formulation, the entire sale amount from the date of introduction of the product till issue of the price notification order shall be recovered from the company, treating the entire sale proceeds as 'unauthorised sales',&quot; the National Pharmaceutical Pricing Authority (NPPA) said. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The regulator said that action will also be taken in cases wherein the manufacturer and marketing company have failed to take prior price approval for sale of scheduled formulation packs. The NPPA has given state governments the authority to initiate legal action against companies found overcharging. While welcoming the move experts have raised apprehensions over the efficacy of the directive. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> &quot;They should have done this long time ago,&quot; said CM Gulati, editor of popular medical journal MIMS. &quot;Pharma companies should be penalised three to four times of overcharging,&quot; he said, adding, &quot;There is no mention of penalty over and above recovery of the overcharged amount plus interest. So, manufacturers do not lose anything by willfully violating DPCO. Since most matters land up in courts, the actual payment is delayed for indefinite period.&quot; </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Surjit Pal, analyst at Elara Capital, said if the directive is properly executed, it will be a big blow to all the leading drug manufacturers. &quot;But looking at the track record of NPPA, this looks doubtful,&quot; he said. Almost all the big pharma companies have, at one point or other, been charged by the NPPA for overcharging and most of these cases have ended up in courts. The most notable is that of Cipla where the NPPA has charged the company of overcharging drugs worth 1,500 crore. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Recently, the NPPA charged 37 companies for overcharging. Dara Patel, secretary general of the Indian Drug Manufacturers Association, a lobby group of Indian pharma companies, said his association is yet to fully gauge the severity of the issue. </div>', 'credit_writer' => 'The Economic Times, 26 October, 2012, http://economictimes.indiatimes.com/news/news-by-industry/healthcare/biotech/pharmaceuticals/overcharging-set-to-cost-pharma-companies-full-sales-revenue-of-drug/', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'overcharging-set-to-cost-pharma-companies-full-sales-revenue-of-drug-17801', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 17801, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 17672, 'metaTitle' => 'LATEST NEWS UPDATES | Overcharging set to cost pharma companies full sales revenue of drug', 'metaKeywords' => 'medicines,Health', 'metaDesc' => ' -The Economic Times MUMBAI: A drug maker found overcharging will have to shell out the entire sales revenue of the medicine from the date of its launch as penalty, according to a directive issued by the country's drug price regulator. &quot;If a...', 'disp' => '<div style="text-align: justify">-The Economic Times</div><div style="text-align: justify"><br /></div><div style="text-align: justify"><em>MUMBAI:</em> A drug maker found overcharging will have to shell out the entire sales revenue of the medicine from the date of its launch as penalty, according to a directive issued by the country's drug price regulator.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;If a company has not been booked for overcharging for selling the product without price approval, if any, pertaining to the period prior to fixation of the price of the said formulation, the entire sale amount from the date of introduction of the product till issue of the price notification order shall be recovered from the company, treating the entire sale proceeds as 'unauthorised sales',&quot; the National Pharmaceutical Pricing Authority (NPPA) said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The regulator said that action will also be taken in cases wherein the manufacturer and marketing company have failed to take prior price approval for sale of scheduled formulation packs. The NPPA has given state governments the authority to initiate legal action against companies found overcharging. While welcoming the move experts have raised apprehensions over the efficacy of the directive.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;They should have done this long time ago,&quot; said CM Gulati, editor of popular medical journal MIMS. &quot;Pharma companies should be penalised three to four times of overcharging,&quot; he said, adding, &quot;There is no mention of penalty over and above recovery of the overcharged amount plus interest. So, manufacturers do not lose anything by willfully violating DPCO. Since most matters land up in courts, the actual payment is delayed for indefinite period.&quot;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Surjit Pal, analyst at Elara Capital, said if the directive is properly executed, it will be a big blow to all the leading drug manufacturers. &quot;But looking at the track record of NPPA, this looks doubtful,&quot; he said. Almost all the big pharma companies have, at one point or other, been charged by the NPPA for overcharging and most of these cases have ended up in courts. The most notable is that of Cipla where the NPPA has charged the company of overcharging drugs worth 1,500 crore.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Recently, the NPPA charged 37 companies for overcharging. Dara Patel, secretary general of the Indian Drug Manufacturers Association, a lobby group of Indian pharma companies, said his association is yet to fully gauge the severity of the issue.</div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 17672, 'title' => 'Overcharging set to cost pharma companies full sales revenue of drug', 'subheading' => '', 'description' => '<div style="text-align: justify"> -The Economic Times </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> <em>MUMBAI:</em> A drug maker found overcharging will have to shell out the entire sales revenue of the medicine from the date of its launch as penalty, according to a directive issued by the country's drug price regulator. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> &quot;If a company has not been booked for overcharging for selling the product without price approval, if any, pertaining to the period prior to fixation of the price of the said formulation, the entire sale amount from the date of introduction of the product till issue of the price notification order shall be recovered from the company, treating the entire sale proceeds as 'unauthorised sales',&quot; the National Pharmaceutical Pricing Authority (NPPA) said. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The regulator said that action will also be taken in cases wherein the manufacturer and marketing company have failed to take prior price approval for sale of scheduled formulation packs. The NPPA has given state governments the authority to initiate legal action against companies found overcharging. While welcoming the move experts have raised apprehensions over the efficacy of the directive. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> &quot;They should have done this long time ago,&quot; said CM Gulati, editor of popular medical journal MIMS. &quot;Pharma companies should be penalised three to four times of overcharging,&quot; he said, adding, &quot;There is no mention of penalty over and above recovery of the overcharged amount plus interest. So, manufacturers do not lose anything by willfully violating DPCO. Since most matters land up in courts, the actual payment is delayed for indefinite period.&quot; </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Surjit Pal, analyst at Elara Capital, said if the directive is properly executed, it will be a big blow to all the leading drug manufacturers. &quot;But looking at the track record of NPPA, this looks doubtful,&quot; he said. Almost all the big pharma companies have, at one point or other, been charged by the NPPA for overcharging and most of these cases have ended up in courts. The most notable is that of Cipla where the NPPA has charged the company of overcharging drugs worth 1,500 crore. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Recently, the NPPA charged 37 companies for overcharging. Dara Patel, secretary general of the Indian Drug Manufacturers Association, a lobby group of Indian pharma companies, said his association is yet to fully gauge the severity of the issue. </div>', 'credit_writer' => 'The Economic Times, 26 October, 2012, http://economictimes.indiatimes.com/news/news-by-industry/healthcare/biotech/pharmaceuticals/overcharging-set-to-cost-pharma-companies-full-sales-revenue-of-drug/', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'overcharging-set-to-cost-pharma-companies-full-sales-revenue-of-drug-17801', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 17801, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 17672 $metaTitle = 'LATEST NEWS UPDATES | Overcharging set to cost pharma companies full sales revenue of drug' $metaKeywords = 'medicines,Health' $metaDesc = ' -The Economic Times MUMBAI: A drug maker found overcharging will have to shell out the entire sales revenue of the medicine from the date of its launch as penalty, according to a directive issued by the country's drug price regulator. &quot;If a...' $disp = '<div style="text-align: justify">-The Economic Times</div><div style="text-align: justify"><br /></div><div style="text-align: justify"><em>MUMBAI:</em> A drug maker found overcharging will have to shell out the entire sales revenue of the medicine from the date of its launch as penalty, according to a directive issued by the country's drug price regulator.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;If a company has not been booked for overcharging for selling the product without price approval, if any, pertaining to the period prior to fixation of the price of the said formulation, the entire sale amount from the date of introduction of the product till issue of the price notification order shall be recovered from the company, treating the entire sale proceeds as 'unauthorised sales',&quot; the National Pharmaceutical Pricing Authority (NPPA) said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The regulator said that action will also be taken in cases wherein the manufacturer and marketing company have failed to take prior price approval for sale of scheduled formulation packs. The NPPA has given state governments the authority to initiate legal action against companies found overcharging. While welcoming the move experts have raised apprehensions over the efficacy of the directive.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;They should have done this long time ago,&quot; said CM Gulati, editor of popular medical journal MIMS. &quot;Pharma companies should be penalised three to four times of overcharging,&quot; he said, adding, &quot;There is no mention of penalty over and above recovery of the overcharged amount plus interest. So, manufacturers do not lose anything by willfully violating DPCO. Since most matters land up in courts, the actual payment is delayed for indefinite period.&quot;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Surjit Pal, analyst at Elara Capital, said if the directive is properly executed, it will be a big blow to all the leading drug manufacturers. &quot;But looking at the track record of NPPA, this looks doubtful,&quot; he said. Almost all the big pharma companies have, at one point or other, been charged by the NPPA for overcharging and most of these cases have ended up in courts. The most notable is that of Cipla where the NPPA has charged the company of overcharging drugs worth 1,500 crore.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Recently, the NPPA charged 37 companies for overcharging. Dara Patel, secretary general of the Indian Drug Manufacturers Association, a lobby group of Indian pharma companies, said his association is yet to fully gauge the severity of the issue.</div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/overcharging-set-to-cost-pharma-companies-full-sales-revenue-of-drug-17801.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Overcharging set to cost pharma companies full sales revenue of drug | Im4change.org</title> <meta name="description" content=" -The Economic Times MUMBAI: A drug maker found overcharging will have to shell out the entire sales revenue of the medicine from the date of its launch as penalty, according to a directive issued by the country's drug price regulator. "If a..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Overcharging set to cost pharma companies full sales revenue of drug</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div style="text-align: justify">-The Economic Times</div><div style="text-align: justify"><br /></div><div style="text-align: justify"><em>MUMBAI:</em> A drug maker found overcharging will have to shell out the entire sales revenue of the medicine from the date of its launch as penalty, according to a directive issued by the country's drug price regulator.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">"If a company has not been booked for overcharging for selling the product without price approval, if any, pertaining to the period prior to fixation of the price of the said formulation, the entire sale amount from the date of introduction of the product till issue of the price notification order shall be recovered from the company, treating the entire sale proceeds as 'unauthorised sales'," the National Pharmaceutical Pricing Authority (NPPA) said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The regulator said that action will also be taken in cases wherein the manufacturer and marketing company have failed to take prior price approval for sale of scheduled formulation packs. The NPPA has given state governments the authority to initiate legal action against companies found overcharging. While welcoming the move experts have raised apprehensions over the efficacy of the directive.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">"They should have done this long time ago," said CM Gulati, editor of popular medical journal MIMS. "Pharma companies should be penalised three to four times of overcharging," he said, adding, "There is no mention of penalty over and above recovery of the overcharged amount plus interest. So, manufacturers do not lose anything by willfully violating DPCO. Since most matters land up in courts, the actual payment is delayed for indefinite period."</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Surjit Pal, analyst at Elara Capital, said if the directive is properly executed, it will be a big blow to all the leading drug manufacturers. "But looking at the track record of NPPA, this looks doubtful," he said. Almost all the big pharma companies have, at one point or other, been charged by the NPPA for overcharging and most of these cases have ended up in courts. The most notable is that of Cipla where the NPPA has charged the company of overcharging drugs worth 1,500 crore.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Recently, the NPPA charged 37 companies for overcharging. Dara Patel, secretary general of the Indian Drug Manufacturers Association, a lobby group of Indian pharma companies, said his association is yet to fully gauge the severity of the issue.</div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $maxBufferLength = (int) 8192 $file = '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php' $line = (int) 853 $message = 'Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853'Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 48 Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141 [main] - ROOT/webroot/index.php, line 39
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The NPPA has given state governments the authority to initiate legal action against companies found overcharging. While welcoming the move experts have raised apprehensions over the efficacy of the directive. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> &quot;They should have done this long time ago,&quot; said CM Gulati, editor of popular medical journal MIMS. &quot;Pharma companies should be penalised three to four times of overcharging,&quot; he said, adding, &quot;There is no mention of penalty over and above recovery of the overcharged amount plus interest. So, manufacturers do not lose anything by willfully violating DPCO. Since most matters land up in courts, the actual payment is delayed for indefinite period.&quot; </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Surjit Pal, analyst at Elara Capital, said if the directive is properly executed, it will be a big blow to all the leading drug manufacturers. &quot;But looking at the track record of NPPA, this looks doubtful,&quot; he said. Almost all the big pharma companies have, at one point or other, been charged by the NPPA for overcharging and most of these cases have ended up in courts. The most notable is that of Cipla where the NPPA has charged the company of overcharging drugs worth 1,500 crore. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Recently, the NPPA charged 37 companies for overcharging. Dara Patel, secretary general of the Indian Drug Manufacturers Association, a lobby group of Indian pharma companies, said his association is yet to fully gauge the severity of the issue. </div>', 'credit_writer' => 'The Economic Times, 26 October, 2012, http://economictimes.indiatimes.com/news/news-by-industry/healthcare/biotech/pharmaceuticals/overcharging-set-to-cost-pharma-companies-full-sales-revenue-of-drug/', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'overcharging-set-to-cost-pharma-companies-full-sales-revenue-of-drug-17801', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 17801, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 17672, 'metaTitle' => 'LATEST NEWS UPDATES | Overcharging set to cost pharma companies full sales revenue of drug', 'metaKeywords' => 'medicines,Health', 'metaDesc' => ' -The Economic Times MUMBAI: A drug maker found overcharging will have to shell out the entire sales revenue of the medicine from the date of its launch as penalty, according to a directive issued by the country's drug price regulator. &quot;If a...', 'disp' => '<div style="text-align: justify">-The Economic Times</div><div style="text-align: justify"><br /></div><div style="text-align: justify"><em>MUMBAI:</em> A drug maker found overcharging will have to shell out the entire sales revenue of the medicine from the date of its launch as penalty, according to a directive issued by the country's drug price regulator.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;If a company has not been booked for overcharging for selling the product without price approval, if any, pertaining to the period prior to fixation of the price of the said formulation, the entire sale amount from the date of introduction of the product till issue of the price notification order shall be recovered from the company, treating the entire sale proceeds as 'unauthorised sales',&quot; the National Pharmaceutical Pricing Authority (NPPA) said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The regulator said that action will also be taken in cases wherein the manufacturer and marketing company have failed to take prior price approval for sale of scheduled formulation packs. The NPPA has given state governments the authority to initiate legal action against companies found overcharging. While welcoming the move experts have raised apprehensions over the efficacy of the directive.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;They should have done this long time ago,&quot; said CM Gulati, editor of popular medical journal MIMS. &quot;Pharma companies should be penalised three to four times of overcharging,&quot; he said, adding, &quot;There is no mention of penalty over and above recovery of the overcharged amount plus interest. So, manufacturers do not lose anything by willfully violating DPCO. Since most matters land up in courts, the actual payment is delayed for indefinite period.&quot;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Surjit Pal, analyst at Elara Capital, said if the directive is properly executed, it will be a big blow to all the leading drug manufacturers. &quot;But looking at the track record of NPPA, this looks doubtful,&quot; he said. Almost all the big pharma companies have, at one point or other, been charged by the NPPA for overcharging and most of these cases have ended up in courts. The most notable is that of Cipla where the NPPA has charged the company of overcharging drugs worth 1,500 crore.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Recently, the NPPA charged 37 companies for overcharging. 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The NPPA has given state governments the authority to initiate legal action against companies found overcharging. While welcoming the move experts have raised apprehensions over the efficacy of the directive. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> &quot;They should have done this long time ago,&quot; said CM Gulati, editor of popular medical journal MIMS. &quot;Pharma companies should be penalised three to four times of overcharging,&quot; he said, adding, &quot;There is no mention of penalty over and above recovery of the overcharged amount plus interest. So, manufacturers do not lose anything by willfully violating DPCO. Since most matters land up in courts, the actual payment is delayed for indefinite period.&quot; </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Surjit Pal, analyst at Elara Capital, said if the directive is properly executed, it will be a big blow to all the leading drug manufacturers. &quot;But looking at the track record of NPPA, this looks doubtful,&quot; he said. Almost all the big pharma companies have, at one point or other, been charged by the NPPA for overcharging and most of these cases have ended up in courts. The most notable is that of Cipla where the NPPA has charged the company of overcharging drugs worth 1,500 crore. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Recently, the NPPA charged 37 companies for overcharging. 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The NPPA has given state governments the authority to initiate legal action against companies found overcharging. While welcoming the move experts have raised apprehensions over the efficacy of the directive.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;They should have done this long time ago,&quot; said CM Gulati, editor of popular medical journal MIMS. &quot;Pharma companies should be penalised three to four times of overcharging,&quot; he said, adding, &quot;There is no mention of penalty over and above recovery of the overcharged amount plus interest. So, manufacturers do not lose anything by willfully violating DPCO. Since most matters land up in courts, the actual payment is delayed for indefinite period.&quot;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Surjit Pal, analyst at Elara Capital, said if the directive is properly executed, it will be a big blow to all the leading drug manufacturers. &quot;But looking at the track record of NPPA, this looks doubtful,&quot; he said. Almost all the big pharma companies have, at one point or other, been charged by the NPPA for overcharging and most of these cases have ended up in courts. The most notable is that of Cipla where the NPPA has charged the company of overcharging drugs worth 1,500 crore.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Recently, the NPPA charged 37 companies for overcharging. Dara Patel, secretary general of the Indian Drug Manufacturers Association, a lobby group of Indian pharma companies, said his association is yet to fully gauge the severity of the issue.</div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/overcharging-set-to-cost-pharma-companies-full-sales-revenue-of-drug-17801.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Overcharging set to cost pharma companies full sales revenue of drug | Im4change.org</title> <meta name="description" content=" -The Economic Times MUMBAI: A drug maker found overcharging will have to shell out the entire sales revenue of the medicine from the date of its launch as penalty, according to a directive issued by the country's drug price regulator. "If a..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Overcharging set to cost pharma companies full sales revenue of drug</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div style="text-align: justify">-The Economic Times</div><div style="text-align: justify"><br /></div><div style="text-align: justify"><em>MUMBAI:</em> A drug maker found overcharging will have to shell out the entire sales revenue of the medicine from the date of its launch as penalty, according to a directive issued by the country's drug price regulator.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">"If a company has not been booked for overcharging for selling the product without price approval, if any, pertaining to the period prior to fixation of the price of the said formulation, the entire sale amount from the date of introduction of the product till issue of the price notification order shall be recovered from the company, treating the entire sale proceeds as 'unauthorised sales'," the National Pharmaceutical Pricing Authority (NPPA) said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The regulator said that action will also be taken in cases wherein the manufacturer and marketing company have failed to take prior price approval for sale of scheduled formulation packs. The NPPA has given state governments the authority to initiate legal action against companies found overcharging. While welcoming the move experts have raised apprehensions over the efficacy of the directive.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">"They should have done this long time ago," said CM Gulati, editor of popular medical journal MIMS. "Pharma companies should be penalised three to four times of overcharging," he said, adding, "There is no mention of penalty over and above recovery of the overcharged amount plus interest. So, manufacturers do not lose anything by willfully violating DPCO. Since most matters land up in courts, the actual payment is delayed for indefinite period."</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Surjit Pal, analyst at Elara Capital, said if the directive is properly executed, it will be a big blow to all the leading drug manufacturers. "But looking at the track record of NPPA, this looks doubtful," he said. Almost all the big pharma companies have, at one point or other, been charged by the NPPA for overcharging and most of these cases have ended up in courts. The most notable is that of Cipla where the NPPA has charged the company of overcharging drugs worth 1,500 crore.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Recently, the NPPA charged 37 companies for overcharging. Dara Patel, secretary general of the Indian Drug Manufacturers Association, a lobby group of Indian pharma companies, said his association is yet to fully gauge the severity of the issue.</div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $reasonPhrase = 'OK'header - [internal], line ?? Cake\Http\ResponseEmitter::emitStatusLine() - CORE/src/Http/ResponseEmitter.php, line 148 Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 54 Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141 [main] - ROOT/webroot/index.php, line 39
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The NPPA has given state governments the authority to initiate legal action against companies found overcharging. While welcoming the move experts have raised apprehensions over the efficacy of the directive. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> &quot;They should have done this long time ago,&quot; said CM Gulati, editor of popular medical journal MIMS. &quot;Pharma companies should be penalised three to four times of overcharging,&quot; he said, adding, &quot;There is no mention of penalty over and above recovery of the overcharged amount plus interest. So, manufacturers do not lose anything by willfully violating DPCO. Since most matters land up in courts, the actual payment is delayed for indefinite period.&quot; </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Surjit Pal, analyst at Elara Capital, said if the directive is properly executed, it will be a big blow to all the leading drug manufacturers. &quot;But looking at the track record of NPPA, this looks doubtful,&quot; he said. Almost all the big pharma companies have, at one point or other, been charged by the NPPA for overcharging and most of these cases have ended up in courts. The most notable is that of Cipla where the NPPA has charged the company of overcharging drugs worth 1,500 crore. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Recently, the NPPA charged 37 companies for overcharging. Dara Patel, secretary general of the Indian Drug Manufacturers Association, a lobby group of Indian pharma companies, said his association is yet to fully gauge the severity of the issue. </div>', 'credit_writer' => 'The Economic Times, 26 October, 2012, http://economictimes.indiatimes.com/news/news-by-industry/healthcare/biotech/pharmaceuticals/overcharging-set-to-cost-pharma-companies-full-sales-revenue-of-drug/', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'overcharging-set-to-cost-pharma-companies-full-sales-revenue-of-drug-17801', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 17801, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 17672, 'metaTitle' => 'LATEST NEWS UPDATES | Overcharging set to cost pharma companies full sales revenue of drug', 'metaKeywords' => 'medicines,Health', 'metaDesc' => ' -The Economic Times MUMBAI: A drug maker found overcharging will have to shell out the entire sales revenue of the medicine from the date of its launch as penalty, according to a directive issued by the country's drug price regulator. &quot;If a...', 'disp' => '<div style="text-align: justify">-The Economic Times</div><div style="text-align: justify"><br /></div><div style="text-align: justify"><em>MUMBAI:</em> A drug maker found overcharging will have to shell out the entire sales revenue of the medicine from the date of its launch as penalty, according to a directive issued by the country's drug price regulator.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;If a company has not been booked for overcharging for selling the product without price approval, if any, pertaining to the period prior to fixation of the price of the said formulation, the entire sale amount from the date of introduction of the product till issue of the price notification order shall be recovered from the company, treating the entire sale proceeds as 'unauthorised sales',&quot; the National Pharmaceutical Pricing Authority (NPPA) said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The regulator said that action will also be taken in cases wherein the manufacturer and marketing company have failed to take prior price approval for sale of scheduled formulation packs. The NPPA has given state governments the authority to initiate legal action against companies found overcharging. While welcoming the move experts have raised apprehensions over the efficacy of the directive.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;They should have done this long time ago,&quot; said CM Gulati, editor of popular medical journal MIMS. &quot;Pharma companies should be penalised three to four times of overcharging,&quot; he said, adding, &quot;There is no mention of penalty over and above recovery of the overcharged amount plus interest. So, manufacturers do not lose anything by willfully violating DPCO. Since most matters land up in courts, the actual payment is delayed for indefinite period.&quot;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Surjit Pal, analyst at Elara Capital, said if the directive is properly executed, it will be a big blow to all the leading drug manufacturers. &quot;But looking at the track record of NPPA, this looks doubtful,&quot; he said. Almost all the big pharma companies have, at one point or other, been charged by the NPPA for overcharging and most of these cases have ended up in courts. The most notable is that of Cipla where the NPPA has charged the company of overcharging drugs worth 1,500 crore.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Recently, the NPPA charged 37 companies for overcharging. Dara Patel, secretary general of the Indian Drug Manufacturers Association, a lobby group of Indian pharma companies, said his association is yet to fully gauge the severity of the issue.</div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 17672, 'title' => 'Overcharging set to cost pharma companies full sales revenue of drug', 'subheading' => '', 'description' => '<div style="text-align: justify"> -The Economic Times </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> <em>MUMBAI:</em> A drug maker found overcharging will have to shell out the entire sales revenue of the medicine from the date of its launch as penalty, according to a directive issued by the country's drug price regulator. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> &quot;If a company has not been booked for overcharging for selling the product without price approval, if any, pertaining to the period prior to fixation of the price of the said formulation, the entire sale amount from the date of introduction of the product till issue of the price notification order shall be recovered from the company, treating the entire sale proceeds as 'unauthorised sales',&quot; the National Pharmaceutical Pricing Authority (NPPA) said. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The regulator said that action will also be taken in cases wherein the manufacturer and marketing company have failed to take prior price approval for sale of scheduled formulation packs. The NPPA has given state governments the authority to initiate legal action against companies found overcharging. While welcoming the move experts have raised apprehensions over the efficacy of the directive. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> &quot;They should have done this long time ago,&quot; said CM Gulati, editor of popular medical journal MIMS. &quot;Pharma companies should be penalised three to four times of overcharging,&quot; he said, adding, &quot;There is no mention of penalty over and above recovery of the overcharged amount plus interest. So, manufacturers do not lose anything by willfully violating DPCO. Since most matters land up in courts, the actual payment is delayed for indefinite period.&quot; </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Surjit Pal, analyst at Elara Capital, said if the directive is properly executed, it will be a big blow to all the leading drug manufacturers. &quot;But looking at the track record of NPPA, this looks doubtful,&quot; he said. Almost all the big pharma companies have, at one point or other, been charged by the NPPA for overcharging and most of these cases have ended up in courts. The most notable is that of Cipla where the NPPA has charged the company of overcharging drugs worth 1,500 crore. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Recently, the NPPA charged 37 companies for overcharging. 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The NPPA has given state governments the authority to initiate legal action against companies found overcharging. While welcoming the move experts have raised apprehensions over the efficacy of the directive.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;They should have done this long time ago,&quot; said CM Gulati, editor of popular medical journal MIMS. &quot;Pharma companies should be penalised three to four times of overcharging,&quot; he said, adding, &quot;There is no mention of penalty over and above recovery of the overcharged amount plus interest. So, manufacturers do not lose anything by willfully violating DPCO. Since most matters land up in courts, the actual payment is delayed for indefinite period.&quot;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Surjit Pal, analyst at Elara Capital, said if the directive is properly executed, it will be a big blow to all the leading drug manufacturers. &quot;But looking at the track record of NPPA, this looks doubtful,&quot; he said. Almost all the big pharma companies have, at one point or other, been charged by the NPPA for overcharging and most of these cases have ended up in courts. The most notable is that of Cipla where the NPPA has charged the company of overcharging drugs worth 1,500 crore.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Recently, the NPPA charged 37 companies for overcharging. Dara Patel, secretary general of the Indian Drug Manufacturers Association, a lobby group of Indian pharma companies, said his association is yet to fully gauge the severity of the issue.</div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/overcharging-set-to-cost-pharma-companies-full-sales-revenue-of-drug-17801.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Overcharging set to cost pharma companies full sales revenue of drug | Im4change.org</title> <meta name="description" content=" -The Economic Times MUMBAI: A drug maker found overcharging will have to shell out the entire sales revenue of the medicine from the date of its launch as penalty, according to a directive issued by the country's drug price regulator. "If a..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Overcharging set to cost pharma companies full sales revenue of drug</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div style="text-align: justify">-The Economic Times</div><div style="text-align: justify"><br /></div><div style="text-align: justify"><em>MUMBAI:</em> A drug maker found overcharging will have to shell out the entire sales revenue of the medicine from the date of its launch as penalty, according to a directive issued by the country's drug price regulator.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">"If a company has not been booked for overcharging for selling the product without price approval, if any, pertaining to the period prior to fixation of the price of the said formulation, the entire sale amount from the date of introduction of the product till issue of the price notification order shall be recovered from the company, treating the entire sale proceeds as 'unauthorised sales'," the National Pharmaceutical Pricing Authority (NPPA) said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The regulator said that action will also be taken in cases wherein the manufacturer and marketing company have failed to take prior price approval for sale of scheduled formulation packs. The NPPA has given state governments the authority to initiate legal action against companies found overcharging. While welcoming the move experts have raised apprehensions over the efficacy of the directive.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">"They should have done this long time ago," said CM Gulati, editor of popular medical journal MIMS. "Pharma companies should be penalised three to four times of overcharging," he said, adding, "There is no mention of penalty over and above recovery of the overcharged amount plus interest. So, manufacturers do not lose anything by willfully violating DPCO. Since most matters land up in courts, the actual payment is delayed for indefinite period."</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Surjit Pal, analyst at Elara Capital, said if the directive is properly executed, it will be a big blow to all the leading drug manufacturers. "But looking at the track record of NPPA, this looks doubtful," he said. Almost all the big pharma companies have, at one point or other, been charged by the NPPA for overcharging and most of these cases have ended up in courts. The most notable is that of Cipla where the NPPA has charged the company of overcharging drugs worth 1,500 crore.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Recently, the NPPA charged 37 companies for overcharging. Dara Patel, secretary general of the Indian Drug Manufacturers Association, a lobby group of Indian pharma companies, said his association is yet to fully gauge the severity of the issue.</div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $cookies = [] $values = [ (int) 0 => 'text/html; charset=UTF-8' ] $name = 'Content-Type' $first = true $value = 'text/html; charset=UTF-8'header - [internal], line ?? Cake\Http\ResponseEmitter::emitHeaders() - CORE/src/Http/ResponseEmitter.php, line 181 Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 55 Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141 [main] - ROOT/webroot/index.php, line 39
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The NPPA has given state governments the authority to initiate legal action against companies found overcharging. While welcoming the move experts have raised apprehensions over the efficacy of the directive. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> "They should have done this long time ago," said CM Gulati, editor of popular medical journal MIMS. "Pharma companies should be penalised three to four times of overcharging," he said, adding, "There is no mention of penalty over and above recovery of the overcharged amount plus interest. So, manufacturers do not lose anything by willfully violating DPCO. Since most matters land up in courts, the actual payment is delayed for indefinite period." </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Surjit Pal, analyst at Elara Capital, said if the directive is properly executed, it will be a big blow to all the leading drug manufacturers. 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"But looking at the track record of NPPA, this looks doubtful," he said. Almost all the big pharma companies have, at one point or other, been charged by the NPPA for overcharging and most of these cases have ended up in courts. The most notable is that of Cipla where the NPPA has charged the company of overcharging drugs worth 1,500 crore.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Recently, the NPPA charged 37 companies for overcharging. Dara Patel, secretary general of the Indian Drug Manufacturers Association, a lobby group of Indian pharma companies, said his association is yet to fully gauge the severity of the issue.</div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 17672, 'title' => 'Overcharging set to cost pharma companies full sales revenue of drug', 'subheading' => '', 'description' => '<div style="text-align: justify"> -The Economic Times </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> <em>MUMBAI:</em> A drug maker found overcharging will have to shell out the entire sales revenue of the medicine from the date of its launch as penalty, according to a directive issued by the country's drug price regulator. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> "If a company has not been booked for overcharging for selling the product without price approval, if any, pertaining to the period prior to fixation of the price of the said formulation, the entire sale amount from the date of introduction of the product till issue of the price notification order shall be recovered from the company, treating the entire sale proceeds as 'unauthorised sales'," the National Pharmaceutical Pricing Authority (NPPA) said. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> The regulator said that action will also be taken in cases wherein the manufacturer and marketing company have failed to take prior price approval for sale of scheduled formulation packs. The NPPA has given state governments the authority to initiate legal action against companies found overcharging. While welcoming the move experts have raised apprehensions over the efficacy of the directive. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> "They should have done this long time ago," said CM Gulati, editor of popular medical journal MIMS. "Pharma companies should be penalised three to four times of overcharging," he said, adding, "There is no mention of penalty over and above recovery of the overcharged amount plus interest. So, manufacturers do not lose anything by willfully violating DPCO. Since most matters land up in courts, the actual payment is delayed for indefinite period." </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Surjit Pal, analyst at Elara Capital, said if the directive is properly executed, it will be a big blow to all the leading drug manufacturers. "But looking at the track record of NPPA, this looks doubtful," he said. Almost all the big pharma companies have, at one point or other, been charged by the NPPA for overcharging and most of these cases have ended up in courts. The most notable is that of Cipla where the NPPA has charged the company of overcharging drugs worth 1,500 crore. </div> <div style="text-align: justify"> <br /> </div> <div style="text-align: justify"> Recently, the NPPA charged 37 companies for overcharging. Dara Patel, secretary general of the Indian Drug Manufacturers Association, a lobby group of Indian pharma companies, said his association is yet to fully gauge the severity of the issue. </div>', 'credit_writer' => 'The Economic Times, 26 October, 2012, http://economictimes.indiatimes.com/news/news-by-industry/healthcare/biotech/pharmaceuticals/overcharging-set-to-cost-pharma-companies-full-sales-revenue-of-drug/', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'overcharging-set-to-cost-pharma-companies-full-sales-revenue-of-drug-17801', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 17801, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 17672 $metaTitle = 'LATEST NEWS UPDATES | Overcharging set to cost pharma companies full sales revenue of drug' $metaKeywords = 'medicines,Health' $metaDesc = ' -The Economic Times MUMBAI: A drug maker found overcharging will have to shell out the entire sales revenue of the medicine from the date of its launch as penalty, according to a directive issued by the country's drug price regulator. "If a...' $disp = '<div style="text-align: justify">-The Economic Times</div><div style="text-align: justify"><br /></div><div style="text-align: justify"><em>MUMBAI:</em> A drug maker found overcharging will have to shell out the entire sales revenue of the medicine from the date of its launch as penalty, according to a directive issued by the country's drug price regulator.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">"If a company has not been booked for overcharging for selling the product without price approval, if any, pertaining to the period prior to fixation of the price of the said formulation, the entire sale amount from the date of introduction of the product till issue of the price notification order shall be recovered from the company, treating the entire sale proceeds as 'unauthorised sales'," the National Pharmaceutical Pricing Authority (NPPA) said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The regulator said that action will also be taken in cases wherein the manufacturer and marketing company have failed to take prior price approval for sale of scheduled formulation packs. The NPPA has given state governments the authority to initiate legal action against companies found overcharging. While welcoming the move experts have raised apprehensions over the efficacy of the directive.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">"They should have done this long time ago," said CM Gulati, editor of popular medical journal MIMS. "Pharma companies should be penalised three to four times of overcharging," he said, adding, "There is no mention of penalty over and above recovery of the overcharged amount plus interest. So, manufacturers do not lose anything by willfully violating DPCO. Since most matters land up in courts, the actual payment is delayed for indefinite period."</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Surjit Pal, analyst at Elara Capital, said if the directive is properly executed, it will be a big blow to all the leading drug manufacturers. "But looking at the track record of NPPA, this looks doubtful," he said. Almost all the big pharma companies have, at one point or other, been charged by the NPPA for overcharging and most of these cases have ended up in courts. The most notable is that of Cipla where the NPPA has charged the company of overcharging drugs worth 1,500 crore.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Recently, the NPPA charged 37 companies for overcharging. Dara Patel, secretary general of the Indian Drug Manufacturers Association, a lobby group of Indian pharma companies, said his association is yet to fully gauge the severity of the issue.</div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'
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Overcharging set to cost pharma companies full sales revenue of drug |
-The Economic Times MUMBAI: A drug maker found overcharging will have to shell out the entire sales revenue of the medicine from the date of its launch as penalty, according to a directive issued by the country's drug price regulator. "If a company has not been booked for overcharging for selling the product without price approval, if any, pertaining to the period prior to fixation of the price of the said formulation, the entire sale amount from the date of introduction of the product till issue of the price notification order shall be recovered from the company, treating the entire sale proceeds as 'unauthorised sales'," the National Pharmaceutical Pricing Authority (NPPA) said. The regulator said that action will also be taken in cases wherein the manufacturer and marketing company have failed to take prior price approval for sale of scheduled formulation packs. The NPPA has given state governments the authority to initiate legal action against companies found overcharging. While welcoming the move experts have raised apprehensions over the efficacy of the directive. "They should have done this long time ago," said CM Gulati, editor of popular medical journal MIMS. "Pharma companies should be penalised three to four times of overcharging," he said, adding, "There is no mention of penalty over and above recovery of the overcharged amount plus interest. So, manufacturers do not lose anything by willfully violating DPCO. Since most matters land up in courts, the actual payment is delayed for indefinite period." Surjit Pal, analyst at Elara Capital, said if the directive is properly executed, it will be a big blow to all the leading drug manufacturers. "But looking at the track record of NPPA, this looks doubtful," he said. Almost all the big pharma companies have, at one point or other, been charged by the NPPA for overcharging and most of these cases have ended up in courts. The most notable is that of Cipla where the NPPA has charged the company of overcharging drugs worth 1,500 crore. Recently, the NPPA charged 37 companies for overcharging. Dara Patel, secretary general of the Indian Drug Manufacturers Association, a lobby group of Indian pharma companies, said his association is yet to fully gauge the severity of the issue.
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