How many drug formulations ceiling price was fixed by National Pharmaceutical Pricing Authority (NPPA) on 1 May 2016

2016

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	69
B	21
C	18
D	54

Explanation:

Detailed explanation-1: -The DPCO 2013 contains 680 scheduled drug formulations spread across 27 therapeutic groups.

Detailed explanation-2: -NEW DELHI : The National Pharmaceutical Pricing Authority (NPPA) has fixed the ceiling price of 93 essential formulations including pain killers and drugs used to treat cancer, rheumatoid arthritis, heart disease, bacterial infections, pneumonia, tuberculosis, thyroid, epilepsy, and urinary tract infections.

Detailed explanation-3: -The NPPA is tasked with fixing/revising the pricing of bulk drugs and formulations under control and enforcing the costs and accessibility of medications across the nation.

Detailed explanation-4: -but the kind of dpco regime that we have today, in which the government fixes prices of some drugs, was put in place in 1979. at that time, over 350 bulk drugs were subject to price controls. now, only 74 bulk drugs (12 of them imported) and their formulations are covered by the dpco.

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