Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 148]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 181]
LATEST NEWS UPDATES | NPPA caps prices of 43 drug formulation packs

NPPA caps prices of 43 drug formulation packs

Share this article Share this article
published Published on Sep 19, 2014   modified Modified on Sep 19, 2014
-PTI

The National Pharmaceutical Pricing Authority (NPPA) has capped the prices of 43 formulation packs including drugs such as the antibiotic ciprofloxacin, BCG vaccine and the anti-diabetic metformin.

"The prices have been fixed / revised in respect of 43 formulation packs, both ceiling and retail price packs, under DPCO, 2013," NPPA said.

According to the drug price regulator the manufacturers selling the 43 drugs at maximum retail price higher than the ceiling price will have to revise the MRP to an amount not exceeding the ceiling price plus local taxes, wherever applicable, in accordance with paragraph 13 (1) and 24 of the Drugs, (Prices Control)Order,2013.

Major drug companies including Cipla, Ranbaxy, Lupin and Cadila are likely to be impacted as a result.

Commenting on the development, Angel Broking VP Research - Pharma Sarabjit Kour Nangra said, "This would have near term impact on the companies."

In July this year, the NPPA had reduced the prices of some of the key medicines and had fixed the price of 108 non-scheduled formulation packs of 50 anti-diabetes and cardiac medicines.

The drugs that were to become cheaper included key medicines such as atorvastatin, gliclazide, glimepiride, heparin and metolazone, among others.


The Telegraph, 19 September, 2014, http://www.telegraphindia.com/1140919/jsp/frontpage/story_18851989.jsp#.VBxe_lfbcrY


Related Articles

 

Write Comments

Your email address will not be published. Required fields are marked *

*

Video Archives

Archives

share on Facebook
Twitter
RSS
Feedback
Read Later

Contact Form

Please enter security code
      Close