The National Pharmaceutical
Pricing Authority (NPPA) has revised the price of bulk drug
Chloroquine Phosphate from Rs. 870/kg. to Rs. 790/kg. vide notification
in the Gazette of India Extraordinary No. SO 153(E) dated 11.2.03.
The price has been revised under the provisions of DPCO, 1995
after conducting the detailed cost price study in respect of
the drug. M/s. IPCA Labs. Ltd., is the only known manufacturer
of the drug in the country.
The revised
notified price shall become effective within 15 days from the
date of notification in the Official Gazette. All the manufacturers
of the formulations utilizing the drug in their scheduled formulations
are advised to follow the provisions of DPCO, 1995 with regard
to pricing of the derivative formulations.
