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This order regulates the prices of drugs and formulations in India to ensure equitable distribution and supply at fair prices under the Essential Commodities Act.
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How to fill out THE DRUGS (PRICES CONTROL) ORDER, 1987
01
Obtain the official form for THE DRUGS (PRICES CONTROL) ORDER, 1987.
02
Read the instructions carefully to understand the requirements.
03
Fill in your company details including name, address, and registration number.
04
List the drugs for which price control is being requested, including their formulations and strengths.
05
Provide the manufacturing costs associated with each drug listed.
06
State any additional charges or factors impacting the pricing.
07
Review all information for accuracy and completeness before submission.
08
Submit the completed form to the relevant government authority for review.
Who needs THE DRUGS (PRICES CONTROL) ORDER, 1987?
01
Pharmaceutical companies involved in the production and sale of drugs.
02
Importers of pharmaceutical products that are subject to price control.
03
Retail pharmacies that require price approval for medications.
04
Healthcare institutions managing budgets for drug procurement.
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What is THE DRUGS (PRICES CONTROL) ORDER, 1987?
THE DRUGS (PRICES CONTROL) ORDER, 1987 is a legal framework established by the Government of India to regulate the prices of drugs and ensure their availability at reasonable prices to consumers.
Who is required to file THE DRUGS (PRICES CONTROL) ORDER, 1987?
Manufacturers and importers of scheduled drugs are required to file THE DRUGS (PRICES CONTROL) ORDER, 1987 to comply with the regulations pertaining to the pricing of drugs.
How to fill out THE DRUGS (PRICES CONTROL) ORDER, 1987?
To fill out THE DRUGS (PRICES CONTROL) ORDER, 1987, applicants must provide detailed information including the drug's name, composition, price, and relevant manufacturing data as specified in the order's guidelines.
What is the purpose of THE DRUGS (PRICES CONTROL) ORDER, 1987?
The purpose of THE DRUGS (PRICES CONTROL) ORDER, 1987 is to cap the prices of essential medicines, ensure affordability and accessibility for consumers, and prevent profiteering in the pharmaceutical industry.
What information must be reported on THE DRUGS (PRICES CONTROL) ORDER, 1987?
The information that must be reported includes the drug's name, generic name, market price, ceiling price, market share, and details of price increase requests along with justifications.
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