Health
NHI drug price regulators will revise the retail prices of 84 formulations.Click here for details
Retail prices for 84 essential medicines, including those used to treat diabetes, headaches and hypertension, are fixed by the National Pharmaceutical Pricing Authority (NPPA).
Apart from this, regulatory agencies have also fixed the prices of the formulations shown, among other things, to reduce elevated levels of cholesterol and triglycerides.
In exercising the power granted by the 2013 Drug (Price Control) Order, NPPA fixed retail prices for drugs, regulators said in a notice.
Depending on the order, it costs one tablet of voglibose and (SR) metformin hydrochloride £10.47, excluding GST.
Similarly, prices for paracetamol and caffeine are fixed at £2.88 per tablet.Besides, the price of one rosuvastatin aspirin and clopidogrel capsule is fixed at £13.91.
In another notice, NPPA said it had extended the revised upper limit for liquid medical oxygen and oxygen inhalation (medical gas) until September 30, this year.
NPPA is required to revise / revise the prices of controlled bulk medicines and formulations to enforce the prices and availability of medicines in the country. It also monitors the prices of deregulated medicines and keeps them at reasonable levels.
Regulatory authorities enforce and enforce the provisions of drug (price control) orders. It is also responsible for recovering the amount overcharged by the manufacturer for controlled drugs.
At the beginning of April Regulatory agencies also announced 800% increase in essential medicines and medicines by 10.7%. Drugs on the National Essential Medicines List (NELM), such as antibiotics, anti-inflammatory drugs, otolaryngology drugs, disinfectants, painkillers, gastrointestinal drugs, and antifungal drugs, are priced.
On April 16th, it also revised the retail price 23 kinds of formulationsIncludes those used to treat blood pressure and other heart-related complications, seizures, fever, diabetes and bacterial infections.
(There is input from PTI)
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