X
X
Top

Govt caps prices of 6 formulations

Highlights

Government has capped prices of six drug formulations packs, including pain killer Ibuprofen, anti-infective Metronidazole, among others. Drug firms such as Abbott Healthcare, Ipca Laboratories and Merck would be impacted by NPPA move.

Includes anti-diabetic Metformin HCl tabs, anti-bacterial Ceftriaxone Sodium injection

New Delhi : Government has capped prices of six drug formulations packs, including pain killer Ibuprofen, anti-infective Metronidazole, among others. Drug firms such as Abbott Healthcare, Ipca Laboratories and Merck would be impacted by NPPA move.

The prices of six formulation packs have been fixed/revised under DPCO, 2013, NPPA said in a statement. Earlier this month, the NPPA had capped the prices of 18 formulation packs, including anti-diabetic Metformin HCl tablets, anti-bacterial Ceftriaxone Sodium injection packs and devices among others.

At present, the government caps prices of essential drugs based on the simple average of all medicines in a particular therapeutic segment with sales of more than 1 per cent.

Show Full Article
Print Article
Download The Hans India Android App or iOS App for the Latest update on your phone.
Subscribed Failed...
Subscribed Successfully...
Next Story
More Stories