Which of the following statements are correct pertaining to the Draft Pharmaceutical Policy 2017?
1. It seeks to gradually introduce chemical names for medicines instead of brand names.
2. It has recommended abolition of national Pharmaceutical Pricing Authority.
Select the correct option using the codes given below.

1 only

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2 only

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1 and 2

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Neither 1 nor 2

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Solution

The correct option is A 1 only
The objectives of Draft Pharmaceutical Policy 2017 are making essential drugs accessible at affordable prices to the common masses, providing a longer term stable policy environment for the pharmaceutical sector, etc. It seeks to curb unfair marketing practices in sales of medicines, put a cap on trade margins and gradually introduce chemical names for medicines instead of brand names. It also recommends restructuring of National Pharmaceutical Pricing Authority (NPPA).

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