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PROHIBITS UNFAIR OR DECEPTIVE PRICING PRACTICES The legislation would make it illegal for PBMs to engage in spread pricing in which they charge health plans and payers more for a prescription drug than what they reimburse to the pharmacy, and then pocket the difference the spread as profit.
127, the Pharmacy Benefit Manager Transparency Act of 2023, introduced by Senators Maria Cantwell (D-WA) and Chuck Grassley (R-IA). This bill prohibits PBMs from charging an insurance plan a different amount than it reimburses the pharmacy and clawing back reimbursement payments.
17. The Pharmacy Council of India (PCI) is a statutory body constituted under the Pharmacy Act, 1948. The Act was passed by the Parliament to make better provisions for the regulation of the profession and practice of pharmacy throughout the country.
The Pharmacy (Amendment) Bill, 2023 was introduced in Lok Sabha on August 03, 2023. It amends the Pharmacy Act, 1948. The Act regulates the practice and profession of pharmacy.
The Pharmacy Council of India (PCI) is a statutory body working under the Ministry of Health and F.W., Government of India. It is constituted under the Pharmacy Act, 1948 to regulate pharmacy education practice of profession in the country.

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➤ The Pharmacy Act 1948 was enacted on 4.3. 48 with the following preamble- An Act to regulate the profession of pharmacy. Whereas it is expedient to make better provision for the regulation of the profession and practice of pharmacy and for that purpose to constitute Pharmacy Councils.
AN ACT TO MAKE NEW PROVISION FOR THE REGULATION OF PHARMACY, INCLUDING PROVISION FOR THE DISSOLUTION OF THE PHARMACEUTICAL SOCIETY OF IRELAND AND THE SETTING UP OF A NEW PHARMACEUTICAL SOCIETY OF IRELAND, FOR THE ESTABLISHMENT, CONSTITUTION AND FUNCTIONS OF THE NEW SOCIETYS COUNCIL, FOR A NEW SYSTEM OF REGISTRATION OF

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