Pharmas Get Additional Month To Comply With Indian Pricing Requirements
This article was originally published in PharmAsia News
Executive Summary
Pharmaceutical companies have been granted an additional month to conform with National Pharmaceutical Pricing Authority requirements that they report manufacturing costs. Drug makers strongly objected to being required to meet the Jan. 31 deadline for supplying conversion, packing, processing and packing material costs to the agency. The NPPA has now extended the deadline to Feb. 28. The agency is required by law to revise its norms for the costs in determining the price caps to be imposed on drugs. (Click here for more
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