24th July, 2002
Ministry of Chemical & Fertilizers  


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.

STATEMENT SHOWING THE PRICE FIXED/REVISED BY THE

NATIONAL PHARMACEUTICAL PRICING AUTHORITY ON 22nd JULY, 2002

Agenda

Item No.

Company Name/

Formulation Name/Composition

Pack

Size

Existing

Price

(Rs.)

Revised

Price

(Rs.)

%AGE

Increase

Remarks

1

2

3

4

5

6

7

(i)

Ceiling Packs*

A

IMPORTED CASES

NIL

B

NEW CASES

1

Ibuprofen+Paracetamol Tab.

10's

--

5.24

--

CP

Each uncoated tab contains

Strip/Blister

Ibuprofen-400mg

Paracetamol-333mg

C

REVISION CASES

NIL

(ii)

Non-Ceiling Packs**

D

REVIEW CASES

I

M/s. GLAXO SMITHKLINE PHARMACEUTICALS LTD.

2

Grisovin F.P. Tablet 250mg

10's

18.18

26.27

44.50

NCP

Each tab contains

Al_Bl

Griseofulvin-250mg

II

M/s. NICHOLAS PIRAMAL (I) LTD.

3

Madopar 250mg Tablet

10's

56.11

92.50

64.85

NCP

Each tab contains

Al_St

Levodopa-200mg

Benzerazide-50mg

* Ceiling Price is exclusive of excise duty , local taxes, etc.

** Non-ceiling Price is specific to company/pack, inclusive of excise duty but exclusive of local taxes

 
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