National Pharmaceutical Pricing Authority Current Affairs - 2019

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Govt. not to allow knee implants cost rise beyond 10% in a year

Government has notified that ceiling price of orthopaedic knee implants will be monitored to ensure that their cost does not increase beyond 10% in a given year. Background Earlier on 16 August 2017, National Pharmaceutical Pricing Authority (NPPA) notified ceiling price of orthopaedic knee implants by invoking extraordinary powers, in public interest, under Para 19 Read More…

Month:  Categories: Governance & Politics

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NPPA reduces Prices of 9 Non-Scheduled Cancer Drugs by 87%

The National Pharmaceutical Pricing Authority (NPPA) has reduced the prices of 9 non-scheduled cancer drugs by up to 87%. This decision is in continuation of nodal agency’s efforts to bring down drugs prices. Key Facts Reason: In February 2019, the government had capped about 42 cancer drugs at 30%. This new anti-cancer non-scheduled medicine list Read More…

Month:  Categories: Business, Economy & Banking

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Prices of 90 cancer medicines cut by up to 87%

The National Pharmaceutical Pricing Authority (NPPA) has reduced the MRP of 390 non-scheduled cancer medicines have been reduced by up to 87%.  NPA has asked the manufacturers and hospitals to revise the prices based on the trade margin formula. The release by the NPPA states that five brands will see a price reduction of about Read More…

Month:  Categories: Governance & PoliticsUPSC

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