NPPA asks drug firms to register with online database

Image
Press Trust of India New Delhi
Last Updated : May 19 2015 | 8:42 PM IST
With 32 of top 100 pharma firms not responding to its direction to register for online database, national drug price regulator, NPPA has asked pharma associations to ask their members to register immediately.
National Pharmaceutical Pricing Authority (NPPA) had asked all pharma firms to register themselves with Integrated Pharmaceutical Database Management System (IPDMS) in September last year and had warned early this month to take action against the companies that had not complied with its order.
"32 companies have not yet registered with the Integrated Pharmaceutical Database Management System (IPDMS)," NPPA said in a letter to pharma industry bodies.
There are various bodies which represent pharmaceutical companies in India, including Indian Pharmaceutical Alliance (IPA), Organisation of Pharmaceutical Producers of India (OPPI) and Indian Drug Manufacturers' Association (IDMA).
The list of companies which have not registered include Zydus Cadila, IPCA labs, Ranbaxy Laboratories and Alembic, among others.
In September last year, NPPA had asked all pharmaceutical firms to register themselves under the IPDMS for online filing of returns for monitoring, fixing and revision of drug prices.
It had said that availability of reliable database is a necessary pre-requisite for carrying out the functions of price fixation and price revision in respect of scheduled drugs and price fixation in respect of new drugs.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 19 2015 | 8:42 PM IST

Next Story