NPPA Approves 50% Price Hike for Essential Drugs to Ensure Continued Availability
New Delhi: The National Pharmaceutical Pricing Authority (NPPA) has approved a 50% increase in the ceiling prices of 11 scheduled formulations covering eight essential drugs. This decision, taken during a full Authority meeting on October 8, 2024, aims to maintain the availability of critical medications in light of rising production costs. The NPPA’s mandate focuses…