NPPA seeks over Rs 1,000 crore from drug makers following SC win

NPPA seeks over Rs 1,000 crore from drug makers following SC win

Drug price regulator NPPA is trying to recover a whopping Rs 4,551 crore, including interest, from various pharma companies for overcharging as of February this year. As much as 82 per cent of the total amount is under litigation. "Since inception of National Pharmaceutical Pricing Authority (NPPA), there are 1,389 cases as on 29.02.2016 where demand notices have been issued by NPPA to pharmaceutical companies," Minister of State for Chemicals and Fertilisers Hansraj Ga ..

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