National Pharmaceutical Pricing Authority (NPPA) has directed the manufacturers and marketing companies of IV fluids to submit data on price-to-retailer (PTR) and moving annual total (MAT) value for September 2013.
The drug regulator said non-compliance to the said notification may lead to taking appropriate action. NPPA in its recent notification reminded the manufacturers and marketing companies on the same for September 2013. This is the third time NPPA has made a request to the manufacturing and marketing companies to provide the required data.
In its notification, NPPA said that its office has not received requisite data or information along with copy of supporting invoices from all concerned manufacturing and marketing companies of IV fluid as sought for office memorandum dated March 4, 2015 and reminder dated March 27, 2015.
The drug price regulator has asked all concerned companies to comply immediately with the office memorandum and in absence of the required data, "NPPA would be constrained to take appropriate action on the basis of available information," the notification said.
NPPA, in another notification earlier, had notified the price of various types of IV fluids. "Various companies have represented to NPPA as well as filed Review Petition before the government against the price notification issued by NPPA. Considering the views raised by the companies, NPPA had held meeting with IV fluid manufacturers, associations, Drug Controller General of India (DCGI), Niper, etc," the earlier notification read. The regulator had since then asked the companies to submit PTR and MAT value for September 2013 by March 11, 2015, failing which NPPA would take a final view based on the available data.
According to the recent notification, however, it pointed out that the required data has not yet been submitted by the concerned manufacturing and marketing companies.