NPPA
REVISES/FIXES PRICES OF 3 FORMULATION PACKS
The National Pharmaceutical Pricing
Authority has revised/fixed the prices of 3 formulation packs
on July 22, 2002. Prices have been fixed for the first time in
the case of 1 formulation pack. In the case of 2 packs, prices
have increased, 44.50% and 64.85%.
Of the 3 formulation packs, ceiling
prices (exclusive of excise duty and local taxes etc.) have been
fixed in respect of 1 pack. Non-ceiling prices have been fixed
in respect of the remaining 2 packs. Prices have been fixed/revised
in accordance with the provisions of the DPCO, 1995 and as per
the established criteria and guidelines. The statement showing
the existing (where available) and revised prices is annexed.
The information is also available on NPPA’s website www.nppaindia.nic.in.
The formulations for which prices
have been revised/fixed include formulations containing Ibuprofen+Paracetamol
which is used in the treatment of pain and fever, The Griseofulvin
based formulation which is used in the treatment of fungal diseases
and Madopar Tablet is used in the treatment of parkinsonism.
The prices fixed/revised would become
effective within 15 days from the date of the govt. notification
in the official gazette or the receipt of the order of the NPPA
in this behalf, as per Para 14(1) of DPCO, 1995. The necessary
revised price list is to be issued by the manufacturers/importers
required under sub paragraph (3) of paragraph 14 of the DPCO,
1995. Accordingly, as per the provisions of the DPCO, the revised
price list in Form-V is to be furnished by the concerned manufacturer(s)
to the government/NPPA, State Drug Control Authorities and distributors,
wholesalers and retailers, etc.
The manufacturers are also required
to work out the pro-rata prices of different pack sizes as the
case may be in terms of S.O. No. 83 (E) dated 27.01.98.
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STATEMENT SHOWING THE PRICE FIXED/REVISED
BY THE
NATIONAL PHARMACEUTICAL PRICING AUTHORITY
ON 22nd JULY, 2002
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Agenda
Item No.
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Company Name/
Formulation Name/Composition
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Pack
Size
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Existing
Price
(Rs.)
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Revised
Price
(Rs.)
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%AGE
Increase
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Remarks
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1
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2
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3
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4
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5
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6
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7
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(i)
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Ceiling Packs*
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A
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IMPORTED CASES
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NIL
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B
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NEW CASES
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1
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Ibuprofen+Paracetamol Tab.
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10's
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--
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5.24
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--
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CP
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Each uncoated tab contains
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Strip/Blister
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Ibuprofen-400mg
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Paracetamol-333mg
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C
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REVISION CASES
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NIL
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(ii)
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Non-Ceiling Packs**
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D
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REVIEW CASES
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I
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M/s. GLAXO SMITHKLINE PHARMACEUTICALS LTD.
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2
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Grisovin F.P. Tablet 250mg
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10's
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18.18
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26.27
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44.50
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NCP
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Each tab contains
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Al_Bl
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Griseofulvin-250mg
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II
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M/s. NICHOLAS PIRAMAL (I) LTD.
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3
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Madopar 250mg Tablet
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10's
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56.11
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92.50
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64.85
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NCP
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Each tab contains
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Al_St
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Levodopa-200mg
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Benzerazide-50mg
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* Ceiling Price is exclusive of excise duty , local taxes,
etc.
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** Non-ceiling Price is specific to company/pack, inclusive
of excise duty but exclusive of local taxes
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