Financial Daily from THE HINDU group of publications
Tuesday, Sep 20, 2005

News
Features
Stocks
Port Info
Archives
Google

Group Sites

Home Page - Regulatory Bodies & Rulings
Industry & Economy - Pharmaceuticals


NPPA cuts prices of asthma, anti-inflammatory drugs

Our Bureau

New Delhi , Sept. 19

THE National Pharmaceutical Pricing Authority has reduced the prices of several drugs used to treat urinary tract infections, asthma and lung infections, anti-inflammatory drugs, and vitamins. It has also, for the first time, fixed the ceiling price of recombinant human insulin, which is being offered by companies such as Wockhardt and Biocon at Rs 33,31,261 a kg.

According to an official statement, the change in price was effected due to change in the rate of corporate tax.

The price of bulk drug sulphamethoxazole (used for urinary tract infections) has been revised downwards from Rs 324 a kg to Rs 323 a kg after conducting a cost price study.

Similarly the notified prices of bulk drug riboflavin (Vitamin B2) and its derivative Vitamin B2 5 phosphate have been brought down to Rs 972 per kg and Rs 2,717 kg respectively. This constitutes a reduction of 36.26 per cent and 18.52 per cent. Vitamin C is also likely to be cheaper with the price falling to Rs 479 a kg.

The prices of the bulk drug of antibiotic cloxacillin sodium (oral) and cloxacillin sodium (sterile) have been revised downward from Rs 1,421 a kg to Rs 1,154 per kg and from Rs 1,890 per kg to Rs 1,652 a kg respectively.

Price of asthma drugs theophylline and hydroxy ethyl theophylline (etophylline) have been reduced by 12.02 per cent and 21.38 per cent to Rs 439 per kg and Rs 511 per kg respectively. The price of another bulk drug salbutamol sulphate used for curing lung ailments and asthma has also been brought down by over 15 per cent to Rs 4,819 a kg.

Drugs for treating round worms will also be cheaper with the price of bulk drugs Pyrantal Pamoate being brought down from Rs 1,361 per kg to Rs 1,204 a kg.

The prices of bulk drugs used for inflammation, betamethasone alcohol, betamethasone valerate and betamethasone di-sodium phosphate has also been revised downward.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Tata Safari Dicor Punjab National Bank

Stories in this Section
Thailand calls for deepening ties under FTA


Cyclone crosses Andhra Pradesh coast; brings heavy rain
Is biofuel the energy of future?
Future ownership: Three-stage plan for UTI MF on cards
Existing sponsors may be allowed to exit after 3 yrs

If RIL backtracks on pact with NTPC, Govt may review KG Basin pact
Shell, ConocoPhillips offer Australian LNG to India
FII, MF inflows power Sensex past 8400
Fall in global crude oil prices triggers upturn

Portfolio
NPPA cuts prices of asthma, anti-inflammatory drugs


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line