DRUGS AND COSMETICS INDUSTRY
What are Drugs and Cosmetics?
The Drugs and Cosmetics Act, 1940 is an Act of the Parliament of India which regulates the import, manufacture, and distribution of drugs in India. The primary objective of the act is to ensure that the drugs and cosmetics sold in India are safe, effective, and conform to state quality standards. The related Drugs and Cosmetics Rules, 1945 contains provisions for the classification of drugs under given schedules and there are guidelines for the storage, sale, display, and prescription of each schedule.