The National Pharmaceutical Pricing Authority (NPPA) has revised price of 38 bulk drugs, 33 bulk drugs having import content by 6% and 1009 formulations under pro-rata norms.
The National Pharmaceutical Pricing Authority (NPPA) has revised price of 38 bulk drugs including ibuprufen and its combinations, rifampicin, human insulin with effect from the first week of April 2008.
The price of ibuprofen has increased to Rs 442 per kilogram (kg) from Rs 440 per kg fixed in March 2007 even as the price of cefadroxyl monohydrate hiked to Rs 2758 per kg from Rs 2466 per kg. The price of ibuprofen sodium has been fixed as Rs 819 kg, ibuprofen lysinate as Rs 1741 per kg and S(+) ibuprofen (dexibuprofen) Rs 1471 per kg, according to the notification issued on March 20, 2008.
The authority has also revised price for nalidixic acid, iodochlorohydroxyquinoline (ICHQ), chloroquine phosphate, vitamin E acetate (dl a tocopheryl acetate), carbamezapine, salbutamole sulphate, rifampicin, human insulin, dextropropoxyphene hcl, dextropropoxyphene napsylate, cefotaxime sodium (sterile), erythromycin estolate, erythromycin base, erythromycin stearate, erythromycin ethyl succinate,erythromycin propionate, parachlorometaxylenol (PCMX), ranitidine Hcl, ephedrine Hcl, pseudo ephedrine Hcl, cephazoline sodium (sterile), cloxacilline (oral), cloxacilline (sterile), pentazocine, vitamin A palmitate, vitamin A acetate, dry vitamin A acetate, chloropropamide, naproxen, naproxen sodium, betamethasone mic alcohol, betamethasone 17 volerate and betamethasone di sodium phosphate.
Further NPPA has reduced the prices of 33 bulk drugs by around 6 percent. The National Pharmaceutical Pricing Authority has fixed the prices 1009 formulation packs, targeting mainly the liquid category under the pro-rata pricing norms in a 24 March notice
Invoking the powers under the sub-paragraphs (1) and (2) of paragraph 9 and paragraph 11 of the DPCO, the price regulator has fixed prices against the strengths of packs to effect the ceiling prices on liquid formulations with a view to restrain the drug manufacturers from fleecing the customers by making slight changes in the pack sizes.
The prices of a number of liquids, vials, cartridges, injections, blisters and strips including antibiotics, multivitamins, cough syrups, insulins, antipyretics and antihelminthics in different strengths are fixed. Sulphadoxine, Pyrimethamine, Multivitamin suspensions, drops and syrups, Pseudoepedrine, Paracetamol, Cetrizine, Salbutamol, Salbutamol sulphate, Bromoxine HCL, Menthol Syrup, Erythromycin granules, syrup and suspensions, Levosalbutamol syrup, Expectorant, Theophylline Ethanoate, Ephedrine HCL, Guaiphenesin, Ibuprofen syrup and suspension, Furazolidone, Trimethoprim, Sulphamethoxazole drops, Pseudoephedrine, Diphenhydramine, Ammonium chloride , Sodium Citrate, Norfloxacin Syrup, Theophylline, Vitamin C Drop, Chloroquine Syrup, Prednisolone Syrup, Metronidazole and Monocomponent Insulin were among the formulations brought under the pro-rata pricing.
The prices were fixed against strengths of liquids in volumes of 10, 20, 30, 50, 100, 200, 250 and 500 mls. However, corresponding rates will be applicable to other strengths and sizes, according a recent NPPA order. The prices fixed are the maximum retail prices (inclusive of excise duty, sales tax/VAT and local taxes if any) in column (6) of table-I, for the specified pack and packs of similar strength, and manufacturer/marketing company cannot claim exemption on any ground therefrom, unless specifically permitted by the Government/NPPA through an order the notification states.
“he manufacturer and marketing company for the above said formulation shall be required to take the requisite prior approval from the Competent Authority for any change in the composition of the above said formulation with written prior intimation to the National Pharmaceutical Pricing Authority, '' it added.
"These revised prices shall be made effective within 15 days from the date of this order as required under sub paragraph (1) of paragraph 14 of Drugs (Prices Control) Order, 1995," informed NPPA through the notification.