We don't moniter turnover of drug companies: Govt

14 August 2013 | News | By BioSpectrum Bureau

We don't moniter turnover of drug companies: Govt

According to the information revealed by the minister of sate for chemicals and fertilisers, Srikant Kumar Jena in the parliament on August 13, 2013, "The drug manufacturing license is given by the State Drug Controller and the Department of Pharmaceuticals (DoP) does not monitor this data. As per the Foreign Trade Policy most of the drugs are freely imported. The import license is given by the Drug Controller General of India(DCGI) and this department does not monitor this data."

"No inter ministerial committee was formed as per the recommendations of the 45th report of parliamentary standing committee on health. However, a high powered inter-ministerial coordination committee formed by the DoP under the chairmanship of secretary, pharmaceuticals to look into the matters of implementation of government commitment to provide quality medicines at affordable prices has finalized its recommendations," explained the minister.

Taking about the action taken, Jena said, "The various recommendations of the committee pertaining to the pricing and quality aspects of medicines have been referred to the concerned ministries/departments/organizations for taking necessary action."

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