Drug cos get a final chance to register with pharma data bank
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New Delhi : The government has given a final chance to pharmaceutical companies to register themselves with pharma data bank by December 15 and said failure to do so will invite penal action.
"The companies are hereby given a final opportunity to register themselves in IPDMS and fill all forms as required... on or before December 15, 2015," National Pharmaceutical Pricing Authority (NPPA) said in a notice on its website.
Failure to submit mandatory data in IPDMS -- also known as pharma data bank -- or returns prescribed under Drugs (Prices Control) Order, 2013, through the IPDMS "will attract penal action under the provisions of the DPCO 2013 read with EC Act 1955," it added.
The regulator said it may be constrained to initiate prosecution proceedings under the provisions of the Essential Commodities Act, 1955, against companies which fail to submit requisite and mandatory form under the DPCO 2013, through Integrated Pharmaceutical Database Management System (IPDMS).
"The companies are hereby given a final opportunity to register themselves in IPDMS and fill all forms as required... on or before December 15, 2015," National Pharmaceutical Pricing Authority (NPPA) said in a notice on its website.
Failure to submit mandatory data in IPDMS -- also known as pharma data bank -- or returns prescribed under Drugs (Prices Control) Order, 2013, through the IPDMS "will attract penal action under the provisions of the DPCO 2013 read with EC Act 1955," it added.
The regulator said it may be constrained to initiate prosecution proceedings under the provisions of the Essential Commodities Act, 1955, against companies which fail to submit requisite and mandatory form under the DPCO 2013, through Integrated Pharmaceutical Database Management System (IPDMS).
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