Prices of 800 essential medicines, including Paracetamol, set to rise by 10.7% from April
2 years, 8 months ago

Prices of 800 essential medicines, including Paracetamol, set to rise by 10.7% from April

India Today  

The National Pharmaceutical Pricing Authority of India on Friday announced a 10.7 per cent change in the Wholesale Price Index for the calendar year 2021 over the corresponding period in 2020. This means that the prices of nearly 800 scheduled medicines on the National List of Essential Medicines, which are used to treat the majority of common ailments, will rise by 10.7 percent beginning April 1. "Based on the WPI data provided by the office of the Economic Advisor, Ministry of Commerce and Industry, the annual change in WPI works out as 10.76607% during the calendar year 2021 over the corresponding period in 2020," the NPPA notice said. Now the prices of medicines used to treat fever, infections, heart diseases, high blood pressure, skin diseases and anaemia will increase.

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History of this topic

Manickam Tagore's Letter to PM Modi on Price Hike of Essential Medicines
1 month, 3 weeks ago

Manickam Tagore's Letter to PM Modi on Price Hike of Essential Medicines

The Hindu  

Manickam Tagore, a Congress MP, has written to Prime Minister Narendra Modi seeking a detailed explanation behind the recent price hike announced by the National Pharmaceutical Pricing Authority (NPPA). He expressed concerns about the significant increase in prices of essential medicines and proposed the establishment of an independent review committee to assess its impact on patients and healthcare providers.

Drug Prices Soar by 50%, a Public Interest Move?
1 month, 4 weeks ago

Drug Prices Soar by 50%, a Public Interest Move?

The Hindu  

The government has increased the ceiling prices of eight drugs by 50%. This decision is made in the context of extraordinary circumstances and public interest. The affected drugs are essential for public health and are used in various healthcare programs. The decision is expected to ensure continued availability of these drugs at affordable prices.

DCA Conducts Raids, Seizes Overpriced Drugs
8 months, 2 weeks ago

DCA Conducts Raids, Seizes Overpriced Drugs

Deccan Chronicle  

Hyderabad: State Drugs Control Administration officials conducted raids on various medical shops in Komaram Bheem Asifabad district and seized overpriced antifungal medicines that were being sold at a higher price than MRP in the market. During the raids the DCA seized ‘ITRAHET-200 capsules’ manufactured by ‘Hetero Healthcare Ltd.’ Hetero Healthcare Ltd. overpriced the product and charged an excess of Rs …

DCA seizes antifungal medicine for price violations by manufacturer
8 months, 2 weeks ago

DCA seizes antifungal medicine for price violations by manufacturer

The Hindu  

Telangana Drug Control Administration officials have seized ‘ITRAHET-200 Capsules’ manufactured by Hetero Healthcare Limited for selling the medicine above the price ceiling set by the Central Government. The antifungal medicine falls under the price control regulations of the Drugs Order of 2013 and has a ‘ceiling price’ determined by the National Pharmaceutical Pricing Authority, Government of India. According to the …

NPPA revises ceiling prices of over 800 scheduled drug formulations from April 1
8 months, 3 weeks ago

NPPA revises ceiling prices of over 800 scheduled drug formulations from April 1

The Hindu  

Cost of antibiotics and painkillers have registered a marginal hike in cost starting April 1 with the drug price regulator National Pharmaceutical Pricing Authority’s latest notification allowing price hike for select medicines by 0.00551%. The Department of Pharmaceuticals has now issued its annual list of revised ceiling prices for 923 scheduled drug formulations and revised retail prices of 65 formulations …

From antibiotics to painkillers, these medicines will get expensive from today: Check complete list here
8 months, 3 weeks ago

From antibiotics to painkillers, these medicines will get expensive from today: Check complete list here

Hindustan Times  

Medicines included in the National List of Essential Medicines will witness a slight increase in prices from today. Check complete list here “Based on the Wholesale Price Index data provided by the office of the Economic Advisor, Department of Industry and Internal Trade, Ministry of Commerce and Industry, the annual change in WPI works out as 0.00551% during the calendar …

Government to tell Supreme Court how essential drugs prices are decided
1 year, 3 months ago

Government to tell Supreme Court how essential drugs prices are decided

The Hindu  

September 14, 2023 11:11 am | Updated 11:25 pm IST - NEW DELHI The Centre has agreed to place on record in the Supreme Court its mechanism for controlling the price of life-saving and essential drugs. Under the Drugs Order of 2013, the work of revising the applicable ceiling price of notified drugs was initiated by the National Pharmaceutical Pricing …

NPPA brings 44 more essential drugs under price cap
1 year, 3 months ago

NPPA brings 44 more essential drugs under price cap

Live Mint  

The National Pharmaceutical Pricing Authority has brought 44 new drugs under price control. The retail price for paroxetine controlled release and clonazepam, a combination drug used for treating mood swings and anxiety, has been fixed at ₹14.53 per capsule. The retail price of metformin and sitagliptin combination, used to treat high blood sugar levels caused by type 2 diabetes, has …

Cost of 651 Essential Medicines Down 7 Pc from April as Govt Caps Ceiling Prices
1 year, 8 months ago

Cost of 651 Essential Medicines Down 7 Pc from April as Govt Caps Ceiling Prices

News 18  

Cost of 651 essential medicines has come down by an average of 6.73 per cent from April with the government capping ceiling prices of a majority of the scheduled drugs, NPPA said on Monday. In a tweet, the national drug price regulator said the government has been able to fix the ceiling prices of 651 medicines so far out of …

Prices of drugs to be revised from today
1 year, 8 months ago

Prices of drugs to be revised from today

Deccan Chronicle  

Vijayawada: Prices of scheduled and non-scheduled drugs are likely to be revised by the National Pharmaceutical Pricing Authority based on wholesale price index from April 1. NPPA carries out a revision of prices of both scheduled and non-scheduled drugs at the start of every financial year based on wholesale price index, effective from April 1. All such medicines fall under …

Essential medicines to become costlier as drug companies allowed price hike
1 year, 8 months ago

Essential medicines to become costlier as drug companies allowed price hike

India TV News  

Medicine price hike news: Starting in April, consumers in India will face higher prices for essential medicines, including painkillers, anti-infectives, cardiac drugs, and antibiotics. For the second consecutive year, the increase in prices of essential medicines is higher than the limit allowed for non-scheduled drugs. Scheduled drugs are part of the national list of essential medicines, with their prices regulated …

Medicine prices to go up by 12%, will it change the way we buy drugs
1 year, 8 months ago

Medicine prices to go up by 12%, will it change the way we buy drugs

India Today  

Amid the increase in prices of almost everything, there is some more bad news for consumers. "But people in other areas, depending on their purchasing power and budget, do ask chemists if there are cheaper variants of the medicines prescribed," says Kamal Jain. "People do come and ask for alternative medicines which we do prescribe to them, a compound drug …

How are drug prices regulated in India? | In Focus podcast
1 year, 11 months ago

How are drug prices regulated in India? | In Focus podcast

The Hindu  

In mid-December, a government department told the Kerala High Court that Ribociclib, a drug prescribed for a type of breast cancer, did not meet the conditions necessary to issue a compulsory licence. Drug prices have evoked national interest following the COVID-19 pandemic, which saw widespread reporting of desperate patients turning to the black market for drugs and devices. How are …

Panacea or Pain for Pharma? Drug Price Watchdog to Meet Today on Reducing Prices of Key Medicines
2 years, 7 months ago

Panacea or Pain for Pharma? Drug Price Watchdog to Meet Today on Reducing Prices of Key Medicines

News 18  

With an eye on reducing the prices of critical medicines in the coming months, the National Pharmaceutical Pricing Authority will hold a meeting with big pharma companies on Friday, News18 has learnt. While non-scheduled medicines do not fall under the price control mechanism of the government, the TMR is a mode of price regulation by way of capping trade margins …

Data | From paracetamol to stroke medicine: Check how much medicine prices increased this year
2 years, 8 months ago

Data | From paracetamol to stroke medicine: Check how much medicine prices increased this year

The Hindu  

In March 2022, the National Pharmaceutical Pricing Authority announced that the prices of essential medicines would rise by 10.77%. The ceiling price of over 850 scheduled drugs is revised on April 1 every year based on the wholesale price index. Sharpest hike The chart shows the year-wise movement in the WPI, which is used by the NPPA to fix the …

Paracetamol, Insulin Injections, 800 Essential Medicines to Get Costlier from this Month
2 years, 8 months ago

Paracetamol, Insulin Injections, 800 Essential Medicines to Get Costlier from this Month

News 18  

After the National Pharmaceutical Pricing Authority stating that the annual change in Wholesale Price Index works out as 10.76 per cent, the prices of about 800 essential medicines such as paracetamol, azithromycin and ciprofloxacin hydrochloride are likely to see a sharp rise. In a tweet, the NPPA had said, “To make it possible for every Indian to afford medical treatment …

Your Crocin, condoms and other drugs will get costlier from 1 April: Here's why
2 years, 8 months ago

Your Crocin, condoms and other drugs will get costlier from 1 April: Here's why

Firstpost  

The national drug pricing body recently announced an annual change of 10.76 per cent in the Wholesale Price Index for over 800 scheduled drugs and medical devices. Last Friday, India’s drug pricing authority allowed a price hike of 10.7 per cent for scheduled drugs, which are under price control. Bitter pill of hiked prices In an order dated 25 March, …

Prices of about 800 essential drugs to go up
2 years, 8 months ago

Prices of about 800 essential drugs to go up

Deccan Chronicle  

HYDERABAD: The National Pharmaceutical Pricing Authority increased the prices of as many as 800 essential medicines by 10.7 per cent, effective from April 1. A memorandum issued by the authority on Friday said, “Based on the wholesale price index data provided by the office of the economic advisor, department for promotion of industry and internal trade, ministry of commerce and …

Explained | What is the National Pharmaceutical Pricing Authority’s role in fixing drug prices?
2 years, 9 months ago

Explained | What is the National Pharmaceutical Pricing Authority’s role in fixing drug prices?

The Hindu  

The story so far: Consumers may have to pay more for medicines and medical devices if the National Pharmaceutical Pricing Authority allows a price hike of over 10% in the drugs and devices listed under the National List of Essential Medicines, this coming month. The NPPA was set up in 1997 to fix/revise prices of controlled bulk drugs and formulations …

Price of essential medicines set to spike by 10%; officials blame WPI inflation
2 years, 9 months ago

Price of essential medicines set to spike by 10%; officials blame WPI inflation

Firstpost  

It includes paracetamol and antibiotics such as azithromycin, used to treat bacterial infections, anti-anaemia prescriptions such as folic acid, vitamins and minerals For the first time in many years, prices of nearly 800 drugs and medical devices under the National List of Essential Medicines are set to increase by over 10 per cent, owing to a sharp rise in the …

Health Matters: The Curious Case of Missing National List of Essential Drugs 5 Months After Launch
2 years, 10 months ago

Health Matters: The Curious Case of Missing National List of Essential Drugs 5 Months After Launch

News 18  

At least 30 drugs in the National List of Essential Medicines have negligible annual sales between Rs 0-2 lakh per annum, still we call them ‘essential’ medicines. According to highly placed sources, the list is being re-looked on the orders of health minister Mansukh Mandaviya who told a group of officials that “we are copy-pasting the same medicines, year on …

Cipla Wants Modi Govt to Hike Prices of Asthma Drugs, Cites 300% Increase in Production Cost
3 years, 3 months ago

Cipla Wants Modi Govt to Hike Prices of Asthma Drugs, Cites 300% Increase in Production Cost

News 18  

New Delhi: Drug major Cipla has asked the Narendra Modi government at the Centre to allow price hike of asthma and other respiratory drugs, citing a 300 per cent increase in production cost, News18 has learnt. In a letter written by the Mumbai-based pharma firm to the country’s drug price regulator, National Pharmaceuticals Pricing Authority, the company has highlighted the …

Paracetamols, Ivermectin In High Demand As Covid Cases Spiral; Pharma Firms Wary
3 years, 7 months ago

Paracetamols, Ivermectin In High Demand As Covid Cases Spiral; Pharma Firms Wary

News 18  

The demand for the basic medicines such as paracetamol has grown multi-fold. While most manufacturers are working towards building up inventory for these essential drugs that could last for 3 to 6 months, the fact remains they are squeezing their profit margins as rates of active pharmaceutical ingredients for paracetamol, ivermectin, doxycycline, azithromycin, meropenem 1 gm, etc., have increased up …

Differential Pricing Of COVID Vaccines: Rajasthan High Court Issues Notice To UOI & Rajasthan Government
3 years, 7 months ago

Differential Pricing Of COVID Vaccines: Rajasthan High Court Issues Notice To UOI & Rajasthan Government

Live Law  

The Rajasthan High Court on Thursday issued notices to the Central Government, State Government on a plea challenging differential pricing of the vaccine for the Centre and the State. The petition, filed by Journalist Mukesh Sharma through Advocates Abhay Kumar Bhandari & Siddharth Bapna submits that Serum Institute of India & Bharat Biotech International Limited have adopted differential pricing for …

COVID-19 vaccine: In a 'philanthropic gesture', SII reduces Covishield price to Rs 300 per dose for states
3 years, 7 months ago

COVID-19 vaccine: In a 'philanthropic gesture', SII reduces Covishield price to Rs 300 per dose for states

Firstpost  

This follows widespread criticism of the pricing policy of the SII, which sold the initial doses of Covishield to the Central Government at Rs 150 per dose The Serum Institute of India today announced that the price of its COVID-19 vaccine Covishield would be reduced for states from Rs 400 to Rs 300 per dose. “As a philanthropic gesture on …

Covishield price for states reduced from Rs 400 to Rs 300 per dose, Adar Poonawalla tweets
3 years, 7 months ago

Covishield price for states reduced from Rs 400 to Rs 300 per dose, Adar Poonawalla tweets

India TV News  

Covishield price for states has been reduced from Rs 400 to Rs 300 per dose. Serum Institute of India's CEO Adar Poonawalla on Wednesday tweeted that the revised price will be effective immediately. "As a philanthropic gesture on behalf of Serum Institute of India, I hereby reduce the price to the states from Rs 400 to Rs 300 per dose, …

Serum Institute defends Covid-19 vaccine pricing
3 years, 7 months ago

Serum Institute defends Covid-19 vaccine pricing

The Hindu  

Serum Institute of India, which makes the most used Covid-19 vaccine in the country, on Saturday defended pricing Covishield vaccine at 1.5 times the initial rate, saying the earlier price was based on advance funding and now it has to invest in scaling up and expanding capacity to produce more shots. Serum Institute of India, which manufactures AstraZeneca’s vaccine Covishield …

Pharma Cos Cut Remdesivir Injection Prices on Govt Intervention: NPPA
3 years, 8 months ago

Pharma Cos Cut Remdesivir Injection Prices on Govt Intervention: NPPA

News 18  

To enhance the availability of remdesivir injection, used in the treatment of Covid-19, pharmaceutical companies have reduced the price following the government’s intervention, the National Pharmaceutical Pricing Authority said on Saturday. Drug companies like Cadila Healthcare, Dr Reddy’s Laboratories and Cipla have cut the prices of their respective brands of remdesivir injection. I am grateful to pharma companies for standing …

Oxford’s Covid-19 vaccine India trial: Serum Institute asked to modify protocol
4 years, 4 months ago

Oxford’s Covid-19 vaccine India trial: Serum Institute asked to modify protocol

Live Mint  

The Central Drugs Standard Control Organisation has advised the Serum Institute of India to submit a revised protocol to perform the clinical trials for potential Oxford Covid-19 vaccine in India. The Subject Expert Committee evaluated the submitted protocol by SII and asked the Pune-based firm to revise its protocol for the phase 2 and 3 clinical trials, besides seeking some …

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