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07/Dec/2022

Drug Price Control Order Act (DPCO Act) – Well, The Drug Control Order (DPCO) is an order that the government issues under the Essentials Act which allows it to regulate the prices of certain essential drugs and their composition. This regulatory order was introduced back in the 1970s for the first time the government-imposed restrictions on the profits of pharmaceutical companies. The purpose of DPCO is to ensure the availability of essential and life-saving and prophylactic medicines of good quality at reasonable prices. However, it promotes the efficient use of medicines in the country to promote affordable production by economic size. Therefore, in this blog of Fortune Labs, we are going to explain to you about the Drug Price Control Order Act (DPCO Act) by all means.


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