NPPA brings an additional 81 medicines under price control

Accordingly, the retail price of  ‘Insulin Human Injection, 200IU/ml’ and ‘70% Isophane Insulin Human Suspension + 30% Insulin Human Injection 200IU/ml’ of Wockhardt Ltd stands reduced to  Rs106.65 per ml each (excluding GST) against Rs132.50 per ML while the maximum retail price of ‘Prasugrel Hydrochloride 10 mg (as film coated) + Aspirin 75 mg (as enteric coated) Capsule’ of Torrent Pharmaceuticals Ltd has been reduced to Rs20.16 per capsule (excluding GST) against Rs27,26 per capsule earlier.

The reduced prices are effective from 17 March 2021 for both the medicines. With this price regulation, NPPA has re-assured availability of medicines at fair prices to public at large.

NPPA had granted price exemption for above mentioned formulations to the respective  companies under Para 32 of the ‘Drug Prices Control Order (DPCO), 2013  for a period of five years due to new drug delivery system developed through indigenous Research and Development. Price regulation was not applicable during the exemption period. NPPA in its meeting on 10 March 2021 decided to regulate the price of these formulations as per provisions of DPCO, 2013 as the exemption period has been over. This has resulted in reduction of the prices of Insulin Human Injection, 200IU/ml’ and ‘70% Isophane Insulin Human Suspension + 30% Insulin Human Injection 200IU/ml’, causing sizeable reduction over the existing prices. Now, these medicines have become more affordable to the public.

NPPA also fixed retail price of 76 new drugs in the meeting dated 10 March 2021 to be launched by existing manufacturers, including off-patent anti-diabetic drugs allowing due benefit of patent expiry to the patients.

In addition, NPPA fixed ceiling price of 2 scheduled formulation, namely, Povidone Iodine 7.5% Scrub an anti-infective formulation and Levo-Thyroxine 37.5mg tablet used for treatment of Thyroid related diseases, causing considerable reduction to their present prices.

Revision in existing ceiling prices of scheduled formulations based on the Wholesale Price Index (WPI) was also approved by the Authority. The revised prices will be effective from April 2021.National Pharmaceutical Pricing Authority (NPPA) has fixed the prices of 81 medicines, including off-patent anti-diabetic drugs, allowing due benefits of patent expiry to the patients.

Accordingly, the retail price of  ‘Insulin Human Injection, 200IU/ml’ and ‘70% Isophane Insulin Human Suspension + 30% Insulin Human Injection 200IU/ml’ of Wockhardt Ltd stands reduced to  Rs106.65 per ml each (excluding GST) against Rs132.50 per ML while the maximum retail price of ‘Prasugrel Hydrochloride 10 mg (as film coated) + Aspirin 75 mg (as enteric coated) Capsule’ of Torrent Pharmaceuticals Ltd has been reduced to Rs20.16 per capsule (excluding GST) against Rs27,26 per capsule earlier.

The reduced prices are effective from 17 March 2021 for both the medicines. With this price regulation, NPPA has re-assured availability of medicines at fair prices to public at large.

NPPA had granted price exemption for above mentioned formulations to the respective  companies under Para 32 of the ‘Drug Prices Control Order (DPCO), 2013  for a period of five years due to new drug delivery system developed through indigenous Research and Development. Price regulation was not applicable during the exemption period. NPPA in its meeting on 10 March 2021 decided to regulate the price of these formulations as per provisions of DPCO, 2013 as the exemption period has been over. This has resulted in reduction of the prices of Insulin Human Injection, 200IU/ml’ and ‘70% Isophane Insulin Human Suspension + 30% Insulin Human Injection 200IU/ml’, causing sizeable reduction over the existing prices. Now, these medicines have become more affordable to the public.

NPPA also fixed retail price of 76 new drugs in the meeting dated 10 March 2021 to be launched by existing manufacturers, including off-patent anti-diabetic drugs allowing due benefit of patent expiry to the patients.

In addition, NPPA fixed ceiling price of 2 scheduled formulation, namely, Povidone Iodine 7.5% Scrub an anti-infective formulation and Levo-Thyroxine 37.5mg tablet used for treatment of Thyroid related diseases, causing considerable reduction to their present prices.

Revision in existing ceiling prices of scheduled formulations based on the Wholesale Price Index (WPI) was also approved by the Authority. The revised prices will be effective from April 2021.National Pharmaceutical Pricing Authority (NPPA) has fixed the prices of 81 medicines, including off-patent anti-diabetic drugs, allowing due benefits of patent expiry to the patients.

Accordingly, the retail price of  ‘Insulin Human Injection, 200IU/ml’ and ‘70% Isophane Insulin Human Suspension + 30% Insulin Human Injection 200IU/ml’ of Wockhardt Ltd stands reduced to  Rs106.65 per ml each (excluding GST) against Rs132.50 per ML while the maximum retail price of ‘Prasugrel Hydrochloride 10 mg (as film coated) + Aspirin 75 mg (as enteric coated) Capsule’ of Torrent Pharmaceuticals Ltd has been reduced to Rs20.16 per capsule (excluding GST) against Rs27,26 per capsule earlier.

The reduced prices are effective from 17 March 2021 for both the medicines. With this price regulation, NPPA has re-assured availability of medicines at fair prices to public at large.

NPPA had granted price exemption for above mentioned formulations to the respective  companies under Para 32 of the ‘Drug Prices Control Order (DPCO), 2013  for a period of five years due to new drug delivery system developed through indigenous Research and Development. Price regulation was not applicable during the exemption period. NPPA in its meeting on 10 March 2021 decided to regulate the price of these formulations as per provisions of DPCO, 2013 as the exemption period has been over. This has resulted in reduction of the prices of Insulin Human Injection, 200IU/ml’ and ‘70% Isophane Insulin Human Suspension + 30% Insulin Human Injection 200IU/ml’, causing sizeable reduction over the existing prices. Now, these medicines have become more affordable to the public.

NPPA also fixed retail price of 76 new drugs in the meeting dated 10 March 2021 to be launched by existing manufacturers, including off-patent anti-diabetic drugs allowing due benefit of patent expiry to the patients.

In addition, NPPA fixed ceiling price of 2 scheduled formulation, namely, Povidone Iodine 7.5% Scrub an anti-infective formulation and Levo-Thyroxine 37.5mg tablet used for treatment of Thyroid related diseases, causing considerable reduction to their present prices.

Revision in existing ceiling prices of scheduled formulations based on the Wholesale Price Index (WPI) was also approved by the Authority. The revised prices will be effective from April 2021.National Pharmaceutical Pricing Authority (NPPA) has fixed the prices of 81 medicines, including off-patent anti-diabetic drugs, allowing due benefits of patent expiry to the patients.

Accordingly, the retail price of  ‘Insulin Human Injection, 200IU/ml’ and ‘70% Isophane Insulin Human Suspension + 30% Insulin Human Injection 200IU/ml’ of Wockhardt Ltd stands reduced to  Rs106.65 per ml each (excluding GST) against Rs132.50 per ML while the maximum retail price of ‘Prasugrel Hydrochloride 10 mg (as film coated) + Aspirin 75 mg (as enteric coated) Capsule’ of Torrent Pharmaceuticals Ltd has been reduced to Rs20.16 per capsule (excluding GST) against Rs27,26 per capsule earlier.

The reduced prices are effective from 17 March 2021 for both the medicines. With this price regulation, NPPA has re-assured availability of medicines at fair prices to public at large.

NPPA had granted price exemption for above mentioned formulations to the respective  companies under Para 32 of the ‘Drug Prices Control Order (DPCO), 2013  for a period of five years due to new drug delivery system developed through indigenous Research and Development. Price regulation was not applicable during the exemption period. NPPA in its meeting on 10 March 2021 decided to regulate the price of these formulations as per provisions of DPCO, 2013 as the exemption period has been over. This has resulted in reduction of the prices of Insulin Human Injection, 200IU/ml’ and ‘70% Isophane Insulin Human Suspension + 30% Insulin Human Injection 200IU/ml’, causing sizeable reduction over the existing prices. Now, these medicines have become more affordable to the public.

NPPA also fixed retail price of 76 new drugs in the meeting dated 10 March 2021 to be launched by existing manufacturers, including off-patent anti-diabetic drugs allowing due benefit of patent expiry to the patients.

In addition, NPPA fixed ceiling price of 2 scheduled formulation, namely, Povidone Iodine 7.5% Scrub an anti-infective formulation and Levo-Thyroxine 37.5mg tablet used for treatment of Thyroid related diseases, causing considerable reduction to their present prices.

Revision in existing ceiling prices of scheduled formulations based on the Wholesale Price Index (WPI) was also approved by the Authority. The revised prices will be effective from April 2021.v