Navigation Links
Pharmaceutical industries grant for R&D to be monitored

The Office of Fair Trading is responsible for checking the profits and safety of the drugs the pharmaceutical //manufacturers sell to the NHS. They have to monitor that only branded and quality medicines are sold and the prices should be reasonable.

The Pharmaceutical Price Regulation Scheme [PPRS] is a voluntary organization which monitors and legislates the agreement of the pricing and quality of the drugs every 5 years. It maintains agreement and negotiates between the Department of Health and Association of the British Pharmaceutical Industry [ABPI]. THE PPRS sets a margin for the profit each pharmaceutical manufacturer’s gains from the sale of the drug. The OFT wants the PPRS to be very strict and maintain all the records of the profit gained by the pharmaceutical industry and also wants the PPRS to monitor that adequate money is granted for Research and development division of the pharmaceutical industry so that safety of the drugs are monitored and new and effective drugs are found.

John Vickers, OFT Chairman, said: "We want to examine whether the PPRS works well to ensure that pharmaceuticals markets meet the needs of patients by offering adequate rewards to pharmaceutical companies for developing new and useful drugs, while providing the taxpayer with value for money."

Dr Richard Barker, director general of the ABPI, said,” The PPRS is conducted in a very open and transparent way, with annual reports to Parliament about its progress and full details of how it operates made public. "We shall of course co-operate fully with the OFT."

(Source: BBC News) For more information on different drugs search Medindia Medication Manual: This manual gives you essential prescription information about different drugs. It reveals the why a drug is prescribed, how it should be taken, its side effects, necessary precautions to be taken while taking it, etc. These drugs are listed by their chemical structu
'"/>




Page: 1 2

Related medicine news :

1. Pharmaceutical giant offers AIDS related antifungal drug free to 50 countries
2. Pharmaceutical giant offers AIDS related antifungal drug free to 50 countries
3. Medicis Pharmaceutical company enters pediatric market
4. Pharmaceutical companies are targeting patients
5. FDA approves Watson Pharmaceuticals Oxytrol patch
6. Ranbaxy Pharmaceuticals Inc awarded the prestigious outstanding supplier award received from Wal-Mart
7. Indian Pharmaceutical Industries Stops Manufacturing And Sale Of Valdecoxib
8. Japanese And Chinese Pharmaceutical Companies Join Together In Drug Testing
9. Antigenics Pharmaceuticals plans for Phase III trial of its Melanoma vaccine
10. United Kingdom Is Lagging In Novelty In The Field Of Pharmaceuticals
11. Top Pharmaceuticals Influence Doctors Prescriptions
Post Your Comments:
*Name:
*Comment:
*Email:
TAG: Pharmaceutical industries grant for monitored

(Date:12/21/2014)... Recently, one of the best prom dresses online ... has introduced its new collection of 2015 prom dresses, ... all its prom dresses & other fashionable designs, up ... top quality dress products and great customer services to ... of the best prom dresses online shops around the ...
(Date:12/21/2014)... Over the past 39 years, NES ... of emergency departments across the nation, from quality of ... translated into an innovative suite of tools, systems, and ... enhance the patient experience. , NES Health, a ... management services for hospitals, announced the development and launch ...
(Date:12/21/2014)... (PRWEB) December 21, 2014 The Oncology Institute ... in the Santa Ana and Whittier offices. The Hope for ... the lives of patients and their families during the holiday ... out to approximately 70 children between both offices. This event ... help of Target’s community service team, store managers and assistant ...
(Date:12/20/2014)... 2014 Weddingshe.com has recently announced its ... site-wide promotion of special occasion dresses for the coming ... of special occasion dresses for global women. Now, all ... discounts, up to 80% off. Among the new items, ... Sweet 16 Dress) is very popular. What’s more, Weddingshe.com ...
(Date:12/20/2014)... (HealthDay News) -- The holidays can be anything but ... fresh trees, scented candles and other allergy triggers. ... that have been packed away in dank basements or ... asthma patients," Dr. Rachna Shah, an affiliate faculty member ... in Loyola news release. Shah, who is also ...
Breaking Medicine News(10 mins):Health News:New Prom Dresses From One Of The Best Prom Dresses Online Shops, LunaDress Prom Shop 2Health News:NES Health Launches Stipend Program for Emergency Physicians in Training to Financially Assist Emergency Department Doctors While They Learn 2Health News:Tons of New-in Winter Sweet 16 Dresses from Weddingshe Online Now 2Health News:Holiday Trimmings Can Trigger Allergies 2
... 20 A team of medical,professionals from the ... services in Germany impressive. The NRH team has ... the US Army,s Europe Regional,Medical Command (ERMC) in ... and capability of our military health care system ...
... life of adolescents who think they are too fat ... This was a result of the all Germany Health ... of the Robert Koch Institute, as presented by Brbel-Maria ... Deutsches rzteblatt International (Dtsch Arztebl Int 2008, ...
... Symmetry Medical Inc.,(NYSE: SMA ), a leading ... and other medical markets, announced today that,it will release ... 2008 before the market opens on Tuesday, June 24, ... 8:00 a.m. ET on,Tuesday, June 24., A live ...
... 20 Women in Ireland will,soon be able ... by,Quest Diagnostics Incorporated (NYSE: DGX ), the ... with the Irish,National Cancer Screening Service (NCSS), Quest ... medical outcomes and,reduce anxiety wait time for women ...
... Hearing, TORONTO, June 20 /PRNewswire-FirstCall/ - Predictive ... announced the successful completion,of its agreement with one ... result of the completion of this project, PreMD ... for further product development and,other skin testing initiatives., ...
... Put Millions at Risk, SAN FRANCISCO, June 20 ... theft epidemic by making it easy for,people with access ... using,stolen information. Hospital workers, lab technicians and even janitors,with ... able to manipulate,the automated systems used by such industry ...
Cached Medicine News:Health News:National Rehabilitation Hospital Team Calls Work of US Army's Europe Regional Medical Command Impressive 2Health News:National Rehabilitation Hospital Team Calls Work of US Army's Europe Regional Medical Command Impressive 3Health News:National Rehabilitation Hospital Team Calls Work of US Army's Europe Regional Medical Command Impressive 4Health News:'Feeling fat' is worse than being it 2Health News:Symmetry Medical to Report First Quarter 2008 Financial Results on June 24, 2008 2Health News:Quest Diagnostics to Provide Diagnostic Testing Services for the Women of Ireland through Ireland's First Nationwide Cervical-Cancer Screening Program 2Health News:Quest Diagnostics to Provide Diagnostic Testing Services for the Women of Ireland through Ireland's First Nationwide Cervical-Cancer Screening Program 3Health News:Quest Diagnostics to Provide Diagnostic Testing Services for the Women of Ireland through Ireland's First Nationwide Cervical-Cancer Screening Program 4Health News:PreMD Successfully Completes Project for Health & Beauty Company 2Health News:Credit Card Companies Fueling Healthcare Associated Identity Theft (HAIT) Crimes 2
(Date:12/19/2014)... ALTOS, Calif. , Dec. 18, 2014 /PRNewswire/ ... a new generation of equipment for the testing ... the release of the new Luminary™ Profiler, the ... accurate light-based measurement in a cost-effective, portable unit. ... meet the specific needs of the cannabis industry, ...
(Date:12/19/2014)... 2014 Since last month,s FBI shutdown of ... as the leading online black market for illegal drugs ... its offering of drugs and other illegal items.  New ... did succeed in lowering the numbers of drugs and ... markets in August. But some new sites that have ...
(Date:12/17/2014)... 2014 Los beneficios y ganancias ... nivel de gasto en investigación y desarrollo   ... 30 de septiembre de 2014) ZEISS aumentó sus ingresos ... euros (año anterior: 4.190 millones de euros) a pesar ... (EBIT) crecieron un 14 por ciento, a 360 millones ...
Breaking Medicine Technology:Sage Analytics Develops Breakthrough System for Potency Testing of Cannabis Products 2Post Silk Road - Another Online Drug Den Now Dominates the DarkNet 2Post Silk Road - Another Online Drug Den Now Dominates the DarkNet 3ZEISS confirma su posición en un entorno difícil 2
... DETROIT, Feb. 14, 2012  The U.S. Food and Drug ... Ingredients (APIs).  If an API does not maintain adequate ... FDA will consider the material to be misbranded.  Foreign ... physical examination under FDA,s Import Alert 66-66 "Red List." ...
... 14, 2012  GHX today announced that the company has ... from Implanet. The acquisition is the latest move by ... the industry,s first comprehensive supply chain solution for physician ... were not disclosed. The GHX implantable device ...
Cached Medicine Technology:FDA Grants Petition for Removal From Import Alert 2GHX Acquires Beep N Track to Accelerate Delivery of Healthcare Industry's First Implantable Device Supply Chain Solution 2GHX Acquires Beep N Track to Accelerate Delivery of Healthcare Industry's First Implantable Device Supply Chain Solution 3GHX Acquires Beep N Track to Accelerate Delivery of Healthcare Industry's First Implantable Device Supply Chain Solution 4GHX Acquires Beep N Track to Accelerate Delivery of Healthcare Industry's First Implantable Device Supply Chain Solution 5
... Laboratories is a national reference laboratory and ... and development. ARUP offers an extensive test ... tests in clinical and anatomic pathology. Owned ... clients include more than half of the ...
... ARUP Laboratories is a national reference laboratory ... research and development. ARUP offers an extensive ... medical tests in clinical and anatomic pathology. ... Laboratories' clients include more than half of ...
... national reference laboratory and a worldwide leader ... offers an extensive test menu of highly ... and anatomic pathology. Owned by the University ... than half of the nation's university teaching ...
... ARUP Laboratories is a national reference ... laboratory research and development. ARUP offers an ... unique medical tests in clinical and anatomic ... ARUP Laboratories' clients include more than half ...
Medicine Products: