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The Complex Factors that Influence Drug Prices

Pharmaceutical companies typically use a variety of factors to determine the price of their drugs, including: Development and production costs: Pharmaceutical companies invest significant amounts of money into the research, development, and production of new drugs. The cost of these activities, including clinical trials and obtaining regulatory approval, is factored into the price of the drug. Marketing and Distribution Cost: Marketing and distribution costs may also be considered by pharmaceutical companies when determining drug prices. These costs include expenses related to advertising, sales representatives, and distribution networks. Drug Uniqueness: If a drug is the first of its kind or represents a significant improvement over existing treatments, the pharmaceutical company may set a higher price for it. If a drug has many competitors or is like existing treatments, the company may have to set a lower price to remain competitive. Market demand: Companies also consider the dem

Schedule S


Schedule S (Rule 150-A)

Schedule S describes the standards for cosmetics.
Standards for cosmetics in finished form- The following cosmetics in finished form shall conform to the Indian Standards specifications laid down from time to time by the Bureau of Indian Standards (BIS).

  1. Skin Powders.
  2. Skin Powder for infants.
  3. Tooth Powder.
  4. Toothpaste.
  5. Skin Creams.
  6. Hair Oils. 
  7. Shampoo, Soap-based.
  8. Shampoo, Synthetic-Detergent based.
  9. Hair Creams.
  10. Oxidation hair dyes, Liquid.
  11. Cologne
  12. Nail Polish (Nail Enamel).
  13. After Shave Lotion.
  14. Pomades and Brilliantines
  15. Depliatories Chemical.
  16. Shaving Creams.
  17. Cosmetic Pencils
  18. Lipstick
  19. Toilet Soap
  20. Liquid Toilet Soap
  21. Baby Toilet Soap.
  22. Shaving Soap
  23. Transparent Toilet Soap
  24. Lipsalve IS:10284
  25. Powder Hair Dye IS: 10350
  26. Bindi (Liquid) IS: 10998
  27. Kum Kum Powder IS: 10999
  28. Henna Powder IS: 11142
  29. Bathing Bars IS: 13498: 1997
  30. Sindoor IS: 14649: 1999
  31. Liquid Foundation makeup IS 14318
  32. Cold Wax Hair remover IS 15152
  33. Face pack IS 15153
  34. Kajal IS 15154
  35. Oxidation Hair Dyes (Emulson Type) IS 15205
  36. Cream Bleach IS 15608
For more detail refer Drug and Cosmetic Act

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