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IPC is an autonomous institution of Ministry of Health and Family Welfare to set standards of drugs in country.
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Its basic function is to update regularly standards of drugs commonly required for treatment of diseases prevailing in the region.
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These set of standards are published under title Indian Pharmacopoeia (IP) similar to British Pharmacopoeia and United States Pharmacopeia.
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IPC publishes official documents for improving Quality of Medicines by way of adding new and updating existing monographs in form of IP.
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It also promotes rational use of generic medicines by publishing National Formulary of India.
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IPC was established by executive orders in 1945 according to Indian Drugs and Cosmetics Act, 1940.
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It is headquartered in Ghaziabad, Uttar Pradesh.