New Delhi: The National Pharmaceutical Pricing Authority (NPPA) approved a 50 per cent rise in maximum prices of 11 formulations of 8 drugs. These medicines include the ones to treat asthma, glaucoma, thalassemia, TB and mental health disorders.
The mandate of the National Pharmaceutical Pricing Authority (NPPA) is to ensure the availability of essential drugs at affordable prices and ensuring affordability without jeopardising access to such medicines. The essential drugs must remain available to address the public health needs of the country and their price regulation should not lead to a situation where these drugs become unavailable in the market.
NPPA has been receiving applications from the manufacturers for upward revision of prices citing various reasons like increased cost of Active Pharmaceutical Ingredients; increase in the cost of production; change in exchange rate etc.; resulting in unavailability of sustainable production and marketing of drugs. Companies have also applied for discontinuation of some of the formulations on account of their unavailability.
After detailed deliberations in the full Authority meeting held on 8th October 2024, invoking extraordinary powers under Para 19 of the DPCO, 2013, and in the larger public interest, NPPA has approved an increase in the ceiling prices of eleven (11) scheduled formulations of eight (8) drugs by 50 per cent of their current ceiling prices. Most of these drugs are low-cost and generally used as first-line treatment crucial to the public health programmes of the country. These drugs are used for the treatment of Asthma, Glaucoma, Thalassemia, Tuberculosis, mental health disorders, etc.
Formulations for which Ceiling prices have been revised include Benzyl Penicillin 10 lakh IU injection; and Atropine injection 06.mg/ml; Streptomycin powder for injection 750 mg and 1000 mg; Salbutamol tablet 2 mg and 4 mg and respirator solution 5 mg/ml; Pilocarpine 2% drops; Cefadroxil tablet 500 mg, Desferrioxamine 500 mg for injection; and Lithium tablets 300 mg.
Earlier such extraordinary powers were invoked by NPPA in 2019 and 2021 whereby the price of 21 and 9 formulations respectively were increased by 50 per cent so as to ensure the continued availability of essential drugs for the public.
The mandate of the National Pharmaceutical Pricing Authority (NPPA) is to ensure the availability of essential drugs at affordable prices and ensuring affordability without jeopardising access to such medicines. The essential drugs must remain available to address the public health needs of the country and their price regulation should not lead to a situation where these drugs become unavailable in the market. Health Conditions Health News: Latest News from Health Care, Mental Health, Weight Loss, Disease, Nutrition, Healthcare
