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    NPPA Revises Ceiling Prices: Government fixes prices of 128 medicines, know which medicines are included in the list

    Shehnaz AliBy Updated:No Comments2 Mins Read
    New Delhi: The government regulator NPPA, which monitors the prices of medicines, has revised the prices of 128 antibiotics and antiviral drugs (NPPA Revises Ceiling Prices). The National Pharmaceutical Pricing Authority (NPPA) issued a notification informing about the ceiling prices fixed for these drugs. These include antibiotic injections of amoxicillin and clavulanic acid, vancomycin, salbutamol used in asthma, cancer drug trastuzumab, pain reliever ibuprofen and paracetamol given in fever. According to the notification, the price of one capsule of Amoxicillin has been fixed at Rs 2.18 while that of Cetirizine will be Rs 1.68. Whereas, a 400 mg tablet of ibuprofen can be sold at a maximum price of Rs 1.07.

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    Medicine will have to be sold at the price fixed by the government

    The authority said, “All companies manufacturing drugs containing drug combinations included in this notification will have to sell their products only at the price fixed by the government (GST extra). Any companies who were selling their medicines at a price higher than the prescribed price, will have to cut the price.” The NPPA has also fixed the retail prices of 12 notified formulations under the Drugs Price Control Order (DPCO), 2013. The price for a tablet containing Glimepiride, Voglibose and Metformin combination given to diabetic patients has been fixed at Rs 13.83.

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    Know what NPPA does

    Similarly, the retail price of a tablet of Paracetamol, Phenylephrine Hydrochloride, Diphenhydramine Hydrochloride and Caffeine has been kept at Rs 2.76. NPPA, established in the year 1997, apart from fixing and revising the prices of pharmaceutical products, also implements the provisions of DPCO and regulates the prices of drugs. serves as a watchdog.

    Source: navbharattimes.indiatimes.com

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    Shehnaz is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing about Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.

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