NPPA seeks cut in prices of anti-cancer medications
- October 30, 2024
- Posted by: OptimizeIAS Team
- Category: DPN Topics
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NPPA seeks cut in prices of anti-cancer medications
Sub :Sci
Sec: Health
Context:
- The National Pharmaceutical Pricing Authority (NPPA) has instructed manufacturers to lower the maximum retail prices of three significant anti-cancer drugs: Trastuzumab, Osimertinib, and Durvalumab.
- This action aligns with the government’s goal of ensuring that essential medicines are available at affordable prices.
Waiver of customs duty:
- This directive follows the Union Budget 2024-25, where the government announced an exemption from customs duty for these three anti-cancer medicines.
- The Department of Revenue, under the Ministry of Finance, has recently issued a notification that reduces the customs duty on these drugs to zero.
About NPPA:
- National Pharmaceutical Pricing Authority (NPPA) was constituted as an attached office of the Department of Pharmaceuticals (DoP) in 1997 under Ministry of Chemicals & Fertilizers as an independent Regulator for pricing of drugs and to ensure availability and accessibility of medicines at affordable prices.
- It fixes ceiling prices of scheduled essential drugs and monitors Maximum Retail Prices (MRPs) of remaining non-scheduled medical devices, which have been regulated as drugs.