Effective November 2, the prices of a large number of drugs including antibiotics and anti-diabetic drugs, cough syrups, pain killers as well as those used during surgery, infectious diseases, hyper-tension, dermatological medicines, eye drops, hormones and gastrointestinal medicines would come down.

The price reduction would range between 2 and 75 per cent, the Minister for Chemicals, Fertilisers and Steel, Mr Ram Vilas Paswan, announced here on Tuesday.

The Minister released a list of 886 commonly used medicines whose prices have come down following reduction in their wholesale and retail trade margins.

Some of the drugs are Ibuprofen, Diclofenac, paracetamol, chloroquine, Albendazole, Ampicilin, Amoxycilin, Cephalexin, Ciprofloxacin, Amlodipine, Atenolol, Enalapril, Losartan, Nifedipine etc. The list also includes Sulphadiazine, Gentamicin andProgsetirone.

The new margins have been fixed at 15 per cent for wholesalers, 35 per cent for retailers, calculated on the over the cost of manufacturing of generic medicines, Mr Paswan said.

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