{"id":202136,"date":"2022-08-26T18:33:10","date_gmt":"2022-08-26T13:03:10","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=202136"},"modified":"2022-08-26T18:33:10","modified_gmt":"2022-08-26T13:03:10","slug":"pharma-needs-a-dose-of-regulation","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/pharma-needs-a-dose-of-regulation\/","title":{"rendered":"Pharma needs a dose of regulation"},"content":{"rendered":"\n<p><strong>Source<\/strong>: The post is based on an article\u00a0<strong>\u201c<\/strong><strong>Pharma needs a dose of regulation\u201d<\/strong>\u00a0published in\u00a0<strong>The Business Standard<\/strong>\u00a0on\u00a0<strong>26<sup>th<\/sup>\u00a0August 2022<\/strong>.<\/p>\n<p><strong>Syllabus: <\/strong><strong>GS 2 \u2013 Government policies for various sectors<\/strong><\/p>\n<h5><strong>\u00a0Relevance:\u00a0Regulating Pharma Companies<\/strong><\/h5>\n<p><strong>News: <\/strong>Pharmaceutical marketing requires regulations.<\/p>\n<p>Bengaluru-based Micro Labs has been accused of tax evasion and paying doctors Rs 1,000 crore as bribe to prescribe Dolo-650 for Covid-19 patients.<\/p>\n<p>The Supreme Court is currently hearing a plea to make the <strong>Uniform Code for Pharmaceutical Marketing Practices (UCPMP) <\/strong>a statutory requirement.<\/p>\n<h5><strong>What is the need for Uniform Code for Pharmaceutical Marketing Practices (UCPMP)?<\/strong><\/h5>\n<p>The nexus between doctors and pharma companies is well-known. The most basic form of nexus consists of sending doctors and practitioners branded stationery, calendars, or desk knick-knacks. It keeps their products on top of the mind in a crowded market.<\/p>\n<p>It is especially important in a market such as India, where many essential drugs are placed under price control.<\/p>\n<p>However, the issue is a serious nexus. Where doctors are paid to fulfill the objectives of pharmaceuticals like fees to act as lead investigators on clinical trials or in endorsing key research papers.<\/p>\n<p>Thus, a statutory code instead of voluntary code has been suggested, where, all pharma companies need to disclose payments made to doctors or their associations, directly or indirectly.<\/p>\n<h5><strong>What are the concerns associated with Uniform Code for Pharmaceutical<\/strong> <strong>Marketing Practices (UCPMP)?<\/strong><\/h5>\n<p>The unusual Indian administrative problem of overlapping jurisdictions is also likely to hamper the effectiveness of a UCPMP.<\/p>\n<p>There are also regulatory issues between the Ministry of Chemicals and Fertilisers, and the Ministry of Health that UCPMP should be brought under which department and ministry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: The post is based on an article\u00a0\u201cPharma needs a dose of regulation\u201d\u00a0published in\u00a0The Business Standard\u00a0on\u00a026th\u00a0August 2022. Syllabus: GS 2 \u2013 Government policies for various sectors \u00a0Relevance:\u00a0Regulating Pharma Companies News: Pharmaceutical marketing requires regulations. Bengaluru-based Micro Labs has been accused of tax evasion and paying doctors Rs 1,000 crore as bribe to prescribe Dolo-650 for&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/pharma-needs-a-dose-of-regulation\/\">Continue reading <span class=\"screen-reader-text\">Pharma needs a dose of regulation<\/span><\/a><\/p>\n","protected":false},"author":10308,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1230,9],"tags":[10503,212],"class_list":["post-202136","post","type-post","status-publish","format-standard","hentry","category-9-pm-daily-articles","category-public","tag-business-standard","tag-gs-paper-2","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":1700772092,"cached_date":1704806718},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/202136","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10308"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=202136"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/202136\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=202136"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=202136"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=202136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}