Financial Daily from THE HINDU group of publications
Wednesday, Dec 28, 2005


News
Features
Stocks
Shipping
Archives
Google

Group Sites

Industry & Economy - Pharmaceuticals


3 bulk drug prices revised downwards, three upwards

Our Bureau

New Delhi , Dec. 27

CONSUMERS could soon be paying less for some antibiotic medicines while prices for drugs used to treat eye infection and TB could become dearer.

This is mainly because of the revision in price of bulk drugs by the National Pharmaceutical Pricing Authority (NPPA).

The authority has revised downwards the cost of three bulk drugs - Sodium Penicillin G, Procaine Penicillin G and Benzathine Penicillin G. However, the cost of three other drugs -- Pheniramie Maleate (used to make redness reliever eye drops), Trimethoprim (used to treat infection of the urinary tract) and Rifampicin (most frequently used to treat Tuberculosis) have been revised upwards.

An official statement issued by NPPA states that after detailed cost and techno-economic study, the price of Sodium Penicillin G has been reduced to Rs 824 per billion units (BU) from Rs 1,207 per BU while the price of Procaine penicillin G has been reduced to Rs 971 from Rs 1,357 per BU. Similarly, the price of Benzathine Penicillin G has been lowered to Rs 2,055 per kg from Rs 2,469 per kg.

However, the prices of medicines based on the bulk drug Pheniramie Maleate will go up by 1-2 per cent, while those based on the bulk drug Trimethoprim would increase by 4-5 per cent and those of Rifampicin-based medicines are likely to go up by about 2 per cent, the statement adds.

This is mainly because the prices of these bulk drugs have been revised upwards. While the price of Pheniramine Maleate that has been increased to Rs 1,107 per kg from the existing Rs 1,068 per kg, the price of Trimethoprim has increased to Rs 840 per kg from Rs 700 per kg. Similarly, the price of Rifampicin has been revised to Rs 3,560 from the earlier price of Rs 3,480.

The statement adds that the increase in prices is mainly due to rise in cost of input raw materials.

More Stories on : Pharmaceuticals

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
'Public policy framework vital for productive employment'


2005 is second warmest year on record, says WMO
Auto sector: Having a successful run
CII asks for more reforms to achieve higher growth — Bets on manufacturing to deliver
`Fly ash blended cement enhances durability'
Tamil Nadu set to abolish differential sales tax on cement
Infrastructure growth down to 3 pc in Nov — Crude oil, steel, coal, electricity fare badly
Export orientation of manufacturing impacts excise duty collection
3 bulk drug prices revised downwards, three upwards
Organisation to improve energy efficiency formed
TN Chamber seeks early implementation of value-added tax
Radio ads mimic celebrity voices
`Explore your mind to become a good manager'
Global meet at Kongu college
`Academic curriculum does not meet industry expectations'
Rs 1-lakh prize for best engineering idea instituted
Delhi traders down shutters protesting demolition drive
Thermax in pact with Heavy Water Board for ammonia injection tech
Mines Ministry rejects plan to sell 5 pc Nalco stake to boost NIF — Will toe DoD line if proceeds are used to expansion
The year of `employee' for India Inc
Rice exporters unlikely to make offers till mid-Jan — Millers in AP more keen on meeting levy obligations
ECGC plans to tap `tough, but remunerative markets'
`Bird flu on national disaster list'


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line