Drug Policy in India

Arijit (India)
20 words 3 learners

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Full list of words from this list:

words only definitions & notes
  1. pharmaceutical
    relating to preparing and dispensing drugs and medicines
    The Department of Pharmaceuticals has notified the DPCO 2013, with effect from May 15, 2013, replacing the 1995 DPCO.
  2. effect
    a phenomenon that is caused by some previous phenomenon
    The Department of Pharmaceuticals has notified the DPCO 2013, with effect from May 15, 2013, replacing the 1995 DPCO.
  3. replace
    put something back where it belongs
    The Department of Pharmaceuticals has notified the DPCO 2013, with effect from May 15, 2013, replacing the 1995 DPCO.
  4. control
    power to direct or determine
    Unlike the previous Drug Prices Control Order 1995 which regulated prices of only 74 bulk drugs, the new order will give power to the National Pharmaceutical Pricing Policy (NPPP) 2012 to regulate prices of 348 essential drugs.
  5. regulate
    bring into conformity with rules, principles, or usage
    Unlike the previous Drug Prices Control Order 1995 which regulated prices of only 74 bulk drugs, the new order will give power to the National Pharmaceutical Pricing Policy (NPPP) 2012 to regulate prices of 348 essential drugs.
  6. bulk
    the property possessed by a large mass
    Unlike the previous Drug Prices Control Order 1995 which regulated prices of only 74 bulk drugs, the new order will give power to the National Pharmaceutical Pricing Policy (NPPP) 2012 to regulate prices of 348 essential drugs.
  7. policy
    a plan of action adopted by an individual or social group
    Unlike the previous Drug Prices Control Order 1995 which regulated prices of only 74 bulk drugs, the new order will give power to the National Pharmaceutical Pricing Policy (NPPP) 2012 to regulate prices of 348 essential drugs.
  8. essential
    basic and fundamental
    Unlike the previous Drug Prices Control Order 1995 which regulated prices of only 74 bulk drugs, the new order will give power to the National Pharmaceutical Pricing Policy (NPPP) 2012 to regulate prices of 348 essential drugs.
  9. commodity
    any good that can be bought and sold
    The DPCO 2013, issued under the Essential Commodities Act, 1955, will lay the framework of the drug policy and mechanism of regulating prices.
  10. mechanism
    device consisting of a piece of machinery
    The DPCO 2013, issued under the Essential Commodities Act, 1955, will lay the framework of the drug policy and mechanism of regulating prices.
  11. specified
    clearly and explicitly stated
    All strengths and dosages specified in the National List of Essential Medicines (NLEM) 2011 will be under price control.
  12. medicine
    the profession devoted to alleviating diseases and injuries
    All strengths and dosages specified in the National List of Essential Medicines (NLEM) 2011 will be under price control.
  13. average
    an intermediate scale value regarded as normal or usual
    Prices of medicines will now be capped by taking simple average of all brands which have more than 1% market share instead of input costs.
  14. brand
    a name given to a product or service
    Prices of medicines will now be capped by taking simple average of all brands which have more than 1% market share instead of input costs.
  15. authority
    the power or right to give orders or make decisions
    National Pharmaceuticals Pricing Authority (NPPA) will be the implementation authority for the new policy and the new DPCO.
  16. implementation
    the act of providing a means for accomplishing something
    National Pharmaceuticals Pricing Authority (NPPA) will be the implementation authority for the new policy and the new DPCO.
  17. debar
    prevent the occurrence of; prevent from happening
    Companies are debarred from using the WPI (Wholesale Price Index) to increase the prices of the essential medicines on their own each year.
  18. approval
    the formal act of giving agreement or permission
    The companies will now have to seek approval from the NPPA whenever they want to increase the prices of the items covered under the DPCO.
  19. value
    the quality that renders something desirable
    Note: India’s domestic drug market valued at around $13 billion is the 4th-largest in the world by volume.
  20. volume
    the property of something that is great in magnitude
    Note: India’s domestic drug market valued at around $13 billion is the 4th-largest in the world by volume.
Created on Tue May 21 12:24:04 EDT 2013 (updated Wed May 22 02:41:48 EDT 2013)

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