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Rediff.com  » Business » Govt fixes prices for 27 drugs

Govt fixes prices for 27 drugs

Source: PTI
November 22, 2003 17:25 IST
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National Pharmaceutical Pricing Authority has for the first time fixed the prices of 27 formulation packs including 'Livadex' injection and 'Lederplex T liquid'.

The authority also revised downwards the price of 'Pentoxifylline CR/SR' tablet by 12.92 per cent to Rs 23.60 per pack from Rs 27.10 per pack in view of the downward revision in the price of concerned scheduled bulk drugs.

According to the details released in New Delhi, price of 'Vitamin C Long Acting/SR/CR' tablets pack has been increased by 17.44 per cent to Rs 15.76 from Rs 13.42.

Other formulations for which prices have been fixed include Aspirin with Caffine tablet used as analgesic, Vitamin B complex elixir, anti TB combination formulations of "Rifampicin+Isoniazid+Ethambutol" and Ephedrine HCL based combination formulations used in treatment of bronchospasm, bronchial asthma and bronchitis.

Of the 29 formulation packs, ceiling prices exclusive of excise duty and local taxes have been fixed in respect of 25. The non-ceiling prices inclusive of excise duty but exclusive of local taxes have been fixed for four packs including Livadex injection, "VI-Magna Syrup" and Lederplex T Liquid.
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