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Policies & Orders

Indian Pharmaceutical Industry: Policies & Orders

When we talk about pharmaceutical policy, it implies a branch of health policy that covers various aspects of the pharmaceutical industry like as the development of new medicines, provision and use of medications within a health care system, considering both brand name and generic drugs. Phramaceutical policies also cover products derived from living sources referred as , biologics which are different from chemical compositions, vaccines and natural health products. Let us discuss the main pharmaceutical policies of India under the following heads:

  • Drugs Price Control Order (DPCO): Drugs and formulations have been subjected to price control from a very long time, almost 3 decades now. The economic reforms presented by the Government of India in July 1991, targeted the Pharmaceutical Industry only in 1994 and that too partially. Price control in a large number of industries has already been abolished. Check out more...
  • Intellectual Property Rights (IPR): The Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) provides for minimum norms and standards in certain categories of intellectual property rights which are discussed in this section.
  • Pharmaceutical Policy 2002: The basic objectives of Government's Policy relating to the drugs and pharmaceutical sector were enumerated in the Drug Policy of 1986. Check in details the pharmaceutical policy 2002