NPPA directs firms to issue revised price lists instead of recalling stock; compliance to be ensured at retailer level
Price ceilings, issued by the National Pharmaceutical Pricing Authority (NPPA), cover medicines used to treat various conditions ranging from infections, heart ailments, and inflammation to diabetes and vitamin deficiencies.
There are around 800 drugs on the National List of Essential Medicines maintained by the Department of Pharmaceuticals. The pricing is arrived at by the National Pharmaceutical Pricing Authority on the basis of the WPI of the previous calendar year.
Various drugs manufactured by listed players like Sun Pharmaceuticals, Alkem Laboratories, Cipla Ltd, Mankind Pharma, Lupin Ltda and Torrent Pharma are included in the list.
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Cancer medication Trastuzumab manufactured by Hetero Biopharma Limited and Mankind Pharma Limited will have a ceiling price of Rs 15817.49 per vial.
The price of 24 anti-diabetic formulations that lead with dapagliflozin and another 14 with vildagliptin and two with sitagliptin molecules were set
Advocates of patients’ rights say the increases undermine the purpose of setting prices of essential medicines and wholesale inflation may not be the most appropriate basis.
Prices of non-scheduled drugs, on the other hand, are set to go up by up to 10 percent as per government rules.
They allege that the practice of selling medicines online is wrong, as these online pharmacies threaten the very existence of retailers. Also, they say, the online pharmacies are selling medicines at less than production price.
Responding to a sales rep body’s demand for statutory backing to the Pharmaceutical Marketing Practices code UCMCP, the Centre said it was taking progressive steps to evaluate the necessity of making the code statutory, adding that it was a ‘time-consuming process, which cannot be completed in haste’.
Out of 84,874 samples tested by various drug controllers, up to 2,652 samples were not of standard quality last year, the Centre informed Parliament in July.
As concerns grow about the rising unaffordability of drugs in India despite the country’s growing prowess as a pharma manufacturer, the government is looking to rework the way prices of medicines are determined
Industry insiders say that this will be the steepest ever rise in medicines included in the National List of Essential Medicines.
The pharmaceutical pricing agency was currently headed by IAS officer Shubhra Singh, who was appointed to the post in 2018.
The drug price regulation authority said that the "one-time price increase" of 50 percent is an "exceptional measure."
The NPPA is mandated to fix and revise the prices of controlled bulk drugs and formulations, and to enforce prices and availability of the medicines in the country.
The production capacity of domestic Remdesivir manufacturers has been ramped up keeping in mind the sudden surge in demand in the country.
N-95 masks were earlier being sold in the market for Rs 150 to 300 per unit and after the advisory by the the National Pharmaceutical Pricing Authority (NPPA), prices have been cut.
The drug regulator has also sought details of stock in hand of these items at the retail level –pharmacies, drug and chemist stores, amid fears of hoarding by retailers, producers and even wealthy individuals.
The government on Wednesday had banned export of anti-malarial drug hydroxycloroquine, with immediate effect to ensure sufficient availability of the medicine in the domestic market.
NPPA Chairman Shubhra Singh on March 12 met representatives of pharmaceutical industry associations on the issue of availability of critical active pharmaceutical ingredients (APIs).
The Indian Council of Medical Research may finalise the list after meeting stakeholders on July 26.