2.5.6. National Pharmaceuticals Pricing Authority National Pharmaceutical Pricing Authority

♤ The National Pharmaceutical Pricing Authority (established in 1997) is an attached office Department of Pharmaceuticals

♤ It has been entrusted with the following function

o To implement and enforce the provisions of the Drugs Price Control Order (DPCO), 1995/2013 in accordance with the powers delegated to it.

o To undertake and/or sponsor relevant studies in respect of pricing of drugs/formulations.

o To monitor the availability of drugs, identify shortages, if any, and to take remedial steps.

o To collect/maintain data on production, exports and imports, market share of individual companies, profitability of companies etc. for bulk drugs and formulations.

o To deal with all legal matters arising out of the decisions of the Authority.

o To render advice to the Central Government on changes/revisions in the drug policy.

o To render assistance to the Central Government in the parliamentary matters relating to the drug pricing.