INTRODUCTION: Drugs are recognized as ‘essential commodity’ Should always be
available to the general public at a reasonable price In absence of any
statutory control a manufacturer could sell a drug at exorbitant price which is
not only against public interest but also against the concept of welfare state
The drug price
control order has been promulgated :
To fix the maximum retail prices
of drug formulations To curb the exorbitant profiteering in drug manufacturing
and
