Pharma Price Monitoring and Resource

Pharma Price Monitoring and Resource Unit in Goa

The Centre has set up a Price Monitoring and Resource Unit (PMRU) in Goa under the auspices of the National Pharmaceutical Pricing Authority (NPPA), in an initiative to keep track of the costs of medicines and to guarantee the accessibility of crucial medications.

The Price Monitoring and Resource Unit will work under the direct guidance of Goa’s drug controller, the FDA.

Due to the start of the COVID-19 pandemic, NPPA has been operating in close coordination with state governments to make sure seamless accessibility of life-saving medications including medical oxygen. Collaborating with the Goa government, NPPA has actually strived to make certain that there is no lack of medications in the country.

National Pharmaceutical Pricing Authority, which reports to the Union Ministry of Chemicals and Fertilisers, has established PMRUs in 15 various states and union territories (UTs)  and presently intends to establish PMRUs in all the 36 states and UTs in the nation.

The main feature of a PMRU is to help NPPA in checking drug rates, making certain regarding the availability of vital medications as well as increasing customer awareness. The units, which operate as societies with a board of governors

, work as teaming up companions of the National Pharmaceutical Pricing Authority with an info-collecting mechanism at the grass-roots level.

The department of pharmaceuticals stated that they will render required technical help to both the NPPA as well as the particular state drug controllers. The deputies from the central and state government together with various other stakeholders are the board of governors of the Price Monitoring and Resource Unit.

There are about 75 licensed pharmaceutical manufacturing units in Goa and employs about 10,000-12,000 workers. 11% of India’s pharmaceutical exports are accounted for by this sector. The predicted annual revenues of the sector are around Rs 7,500 crores.

Goa has 35-odd multinational pharmaceutical companies, consisting of Sanofi India, Merck India Pvt Ltd, Lupin Ltd, Cipla Limited, Wyeth Lederle Ltd, Ranbaxy Laboratories Ltd, and Glenmark Pharmaceuticals.

Source

Pharma Price Monitoring and Resource Unit in Goa

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