Kottayam: A monitoring cell will soon be set up in the state to curb arbitrary and constant price shoot-ups in the pharmaceutical industry.
The cell will start functioning by mid 2018 and is also meant to ensure the availability of good quality medicines.
The state drug control department will run the cell, under the direct supervision of the National Pharmaceutical Pricing Authority (NPPA).
A new quality control lab will be set up at Thrissur, apart from the two existing ones, to ensure the quality of medicines that are available in the market.
Evaluation of the labs in Kochi and Thiruvananthapuram for accreditation by the National Accreditation Board for Testing and Calibration Laboratories (NABL) is in the final stages.
Another lab, to be opened in Kochi soon, will test medicines for injection and eye drops.
Rs 11,365,61 crore saved
Union minister of state Mansookh L. Mandavya told the Rajya Sabha that patients in the country have saved Rs 11,365,61 crore because of price regulations enforced by the NPPA on medicines, stents and other medical equipment used in procedures such as knee replacement surgery.
The estimate is dated from year 2013 when the price control was enforced. A total of 851 drug combinations including two different stents are in the price control list.