NPPA hikes 21 formulations ’ prices by 50%

The National Pharmaceuticals Pricing Authority (NPPA) invoked paragraph 19 of the Drug Prices Control Order to grant a 50% increase in the prices of 21 drug formulations. With the cost of raw material imported from China increasing 50-200%, pharma groups had approached the government to invoke extraordinary powers and increase the prices of drugs.
Source: The Economic Times Healthcare and Biotech News - Category: Pharmaceuticals Source Type: news