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LATEST NEWS UPDATES | The tightrope walk of India's drug-price regulator -Anuj Gupta

The tightrope walk of India's drug-price regulator -Anuj Gupta

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published Published on Mar 8, 2018   modified Modified on Mar 8, 2018
-The Economic Times

The genesis: The National Pharmaceutical Pricing Authority (NPPA) was set up to implement the 1995 Drug Price Control Order (DPCO) and monitor overcharging of drugs and medical devices

When: August 29, 1997

Total number of chairmen: 11

What the chairman has to deliver:

* Implement and enforce the provisions of the DPCO
* Render advice to the central government on drug pricing

Highlights of the chairmen's tenures

* Between 2001 and 2004, five chairmen were appointed to the NPPA
* Between 2000 and 2008, cases of overcharging were not made public by the NPPA. Complaints by NGOs/other bodies were not disclosed or made public either. The first list of pending cases came out in July 2008, disclosing instances since 2000
* Vinay Bansal, NPPA chairman from 2004 and the longest-serving chairman, openly debated price control and favoured revoking them
* The exit of the last three chairmen - CP Singh, Injeti Srinivas, and Bhupendra Singh - followed soon after they took some steps that were perceived to be tough for the industry.

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The Economic Times, 6 March, 2018, https://economictimes.indiatimes.com/industry/healthcare/biotech/pharmaceuticals/the-tightrope-walk-of-indias-drug-price-regulator/articleshow/63188152.cms


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