New Delhi headquarters of National Pharmaceutical Pricing Authority (NPPA)
Recently, National drug pricing regulator NPPA has fixed the retail prices of 36 formulations, including those used for treatment of cancer, diabetes, infections, asthma, seizures, inflammation and pain, among others. As per data available with NPPA, the MRP for 105 brands will be reduced up to 85% entailing minimum saving of Rs 105 crore to consumers. The National Pharmaceutical Pricing Authority (NPPA) currently fixes prices of drugs placed in the National List of Essential Medicines (NLEM) under Schedule-I of the DPCO. So far, around 1000 drugs have been brought under price control under the initiative. It also monitors annual price increase for these and the non-scheduled drugs. It also administers Pharma Sahi Dam and Pharma Jan Samadhan platforms for information on medicine prices and registering public grievances. The headquarters of NPPA is located in New Delhi.