Nicaragua becomes first Spanish-speaking nation to recognize IP standards.
Location of Nicaragua:
- Nicaragua is the largest country in Central America, bordered by Honduras to the north, the Caribbean to the east, Costa Rica to the south, and the Pacific Ocean to the west.
- Managua is the country’s capital and largest city.
Indian Pharmacopoeia (IP):
- IP, compiled by the Indian Pharmacopoeia Commission (IPC) under the ministry of health & family welfare in India, serves as the authoritative compendium of standards for drugs.
- IPC is an autonomous institution of the Ministry of Health and Family Welfare which sets standards for all drugs that are manufactured, sold and consumed in India.
- Published most recently in 2022, the IP comprises over 3,000 monographs that establish precise limits and testing methods for both raw materials and finished pharmaceutical products.
- The legal significance of the IP within India, enshrined in the Second Schedule of the Drugs & Cosmetics Act of 1940, mandates adherence to its standards for all imported, manufactured, and distributed drugs within the country.
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