Notices sent to 263 pharma firms for overpricing
The National Pharmaceutical Pricing Authority (NPPA) has issued legal notices amounting to ₹928 crore to 263 pharmaceutical firms that were found overcharging in 2015-16, Union Minister of Chemicals and Fertilisers Ananth Kumar said on Tuesday. The NPPA is mandated to fix and revise the prices of controlled bulk drugs along with monitoring the prices of decontrolled drugs.