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Violation by Pharmaceutical Companies

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..... Violation by Pharmaceutical Companies - News and Press Release Dated:- 29-11-2012 - News - Press Information Bureau Government of India Ministry of Chemicals and Fertilizers 29-November-2012 17:46 IST Whenever any prima-facie overcharging case comes to the notice of National Pharmaceutical Pricing Authority (NPPA), NPPA initiates action by issuing Preliminary Notices to the Pharm .....

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..... a companies seeking requisite information / details from them to examine the matter further and in confirmed cases of overcharging, demand notices are issued to the defaulting Pharma companies for depositing the overcharged amount with the Government. During the last three financial years 2009-10, 2010-11 and the current year 2012-13 (upto October, 2012) there were 189 cases where fresh demand h .....

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..... as been raised by NPPA in confirmed cases of overcharging as per year wise break up given below : S. No. Year Number of cases where fresh Demand raised in confirmed cases of overcharging 1 2009-10 80 2 2010-11 44 3 2011-12 26 4 2012-13 (upto October, 2012) 39 Life Saving Dr .....

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..... ugs are not defined in DPCO, 1995. NPPA, as an ongoing and regular exercise monitors the availability (shortages) of drugs in the country through Drugs Control Administration of State Governments. Whenever shortage is reported by the State Drug Controllers or comes to its notice otherwise, NPPA takes remedial steps for ensuring availability of drugs by impressing upon manufacturers to rush the sto .....

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..... cks to the places of shortage. The shortages reported are the brand specific and in most cases equivalent substitutes are available in the market. Apart from purchase of samples by the officers of NPPA from different parts of the country, complaints by individuals / NGOs and report from the State Drug Controllers are utilized to ensure compliance of the prices fixed / notified by the NPPA / Gove .....

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..... rnment. Price list submitted by the companies in Form V are scrutinized for the purpose. In case a company is found selling any scheduled formulation at a price higher than notified / approved by the NPPA / Government, action is taken against such company as per the provision of DPCO, 1995 for recovery of the overcharged amount. The Drug Policy as amended from time to time also envisages making .....

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..... available quality medicines to the masses at a reasonable price. Further, the Department of Pharmaceuticals has launched Jan Aushadhi Campaign with the objective of making available medicines at affordable prices for all. Under this campaign less priced quality unbranded generic medicines are made available through Jan Aushadhi Stores. 145 Jan Aushadhi Stores have been opened in different Stat .....

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..... es/UTs in the country as on 31.10.2012. This information was given by the Minister of State for Chemicals and Fertilisers, Shri Srikant Kumar Jena in a written reply in the Lok Sabha today. .. DNM/NSK/NV - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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