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    NPPA seeks cut in prices of anti-cancer medications

    • October 30, 2024
    • Posted by: OptimizeIAS Team
    • Category: DPN Topics
    No Comments

     

     

    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.
    NPPA seeks cut in prices of anti-cancer medications Science and tech
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