Govt withdraws NPPA's power to cap prices of non-essential drugs
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The government has withdrawn the drug pricing authority's powers that allowed it to fix the prices of medicines not deemed essential. The move comes after industry protests against the National Pharmaceutical Pricing Authority (NPPA) decision to impose price caps on more than 100 drugs.
The Department of Pharmaceuticals has withdrawn guidelines issued by the NPPA on May 29 that gave the the powers to fix the prices of drugs that are not on the essential medicines list, the latter said in a notice late on Monday.
The Department of Pharmaceuticals, under the Ministry of Chemicals and Fertilizers, directly controls the NPPA.
The decision will be on a prospective basis, and will not affect price caps imposed in July on 108 drugs, a senior government official said on Tuesday.
"It's a prospective withdrawal, not a retrospective withdrawal" the official.
The NPPA had issued a notice in July imposing price caps on 108 non-essential drugs, which are used to treat diseases ranging from diabetes to HIV/AIDS. The move has been challenged by the industry lobby groups in courts.
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