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Showing posts from August 30, 2020

DPCO,DPCO ACT - you must know about

DPCO ACT and DPCO Full Form The DPCO is an order. It is issued by the government under the “ Essential Commodities Act ” and it enables to fix the prices of some essential bulk drugs and their formulations. The full form of DPCO is depicted as the Drug Price Control Order . This control order was postulated back in the 1970s for the first time the government placed limits on the profitability of pharmaceutical companies. The main motto of DPCO is to ensure the availability of essential and lifesaving and prophylactic medicine of good quality at reasonable prices. It is promoting the rational use of drugs in the country to enhance cost-effective production with economic sizes. Why DPCO-1995 came into effect? Most of the pharma companies started to increase the prices of their products to get maximum ROI and it was affecting the normal user. When it was observed by the Government that the pharmaceutical companies are raising their prices of most selling products which