NPPA issued a notification regarding the fixation of the ceiling price of 51 new drugs under Drugs (Prices Control) Order, 2013

Jun 29, 2023 | by TeamLease RegTech Legal Research Team

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Industry Specific ComplianceThe National Pharmaceutical Pricing Authority (NPPA) on June 28, 2023, issued a notification regarding the fixation of the ceiling price of 51 new drugs under the Drugs (Prices Control) Order, 2013.

•In case the retail price of any of the formulations is not complied with, as per instant price notification then the concerned manufacturer/marketing company shall be liable to deposit the overcharged amount along with the interest thereon under the provisions of the DPCO, 2013 read with the Essential Commodities Act, 1955.

•The price order fixing the retail price, issued prior to this notification, stands superseded.

The details of the table containing the names of all the drugs along with their prices are in the document attached below.

[Notification No. S.O. 2821(E).] 


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