India Today reports that, drug price regulator NPPA has fixed the ceiling price of 27 drug formulation packs, including those used for the treatment of bacterial infections, diabetes, epilepsy among others. See: http://indiatoday.intoday.in/story/nppa-fixes-price-of-27-drug-formulation-packs/1/672654.html Besides, the drug price regulator has also fixed the retail price of four formulations. "NPPA has fixed/revised ceiling prices of 27 scheduled formulations of Schedule-I under Drugs (Price Control) Amendment Order, 2016 and retail price of four formulations under DPCO, 2013," the National Pharmaceutical Pricing Authority (NPPA) said in a statement. Earlier this month, the NPPA had fixed ceiling price of 54 drug formulations used for treatment of cancer, diabetes rheumatoid arthritis, bacterial infections and hypertension. At present, the government fixes the prices of essential drugs based on the simple average of all medicines in a particular therapeu...