CALL US:022-6101 1700   sales@saffronmedia.in
HOME NEWS INGREDIENT MART EVENTS TOPICS INTERVIEW EDIT
 
News
 
Nandita Vijay, Bengaluru November 27 , 2018
The Karnataka State Registered Pharmacists Association (KSRPA) is now insisting that the Union government should look into the need to bring generic drugs under price control.

The drug price control order (DPCO) has effectively controlled the soaring prices of essential drugs. But at the same time, it has dismally failed to contain the day light robbery of poor patients by some large and small companies , especially by the non-scheduled drug manufacturers, Ashokswamy Heroor, president, KSRPA, said in his communication to the Union health ministry and Department of Pharmaceuticals (DoP).

The Para 9 of the DPCO monitors the price of scheduled generic drugs by way of ceiling price. But all generic drugs do not fall under the price control. While encouraging the industry to manufacture generics, the intent of the legislation is to strike a balance between supply of such drugs and the cost, he added.

Unfortunately, some manufacturers have made a habit to display an inflated MRP on the labels of generic drugs, blown up by several times more than the real cost. Practically, they print the MRP according to their whims and fancies but sell at a price on par with that of the branded counterparts. The retailers who get the stock at a minimal cost sell it at an exorbitant price, said Heroor.

Some of the examples are Nimesulide which is a generic tablet costing 9 paise each but is sold at Rs. 3.50. Cetrizine tablet costing 24 paise each is priced at Rs. 3.10. Similarly nimesulide plus paracetamol costing 36 paise is sold at Rs. 3.

Value added tax (VAT) is paid at the manufacturers point on the real cost whereas recovered on the blown up cost, thus deceiving the government, he said.

About 5 to 6 years ago, the Drugs Controller General of India collected information on such drugs with a view to control the MRP, but nothing materialised. In order to protect the gullible consumers against such exploitation, we call upon the DoP to revoke a blanket ban on the exemption granted under the DPCO for generics, he said.

Provisions may be made under the DPCO to sell generics at twice the MRP fixed for the branded one under Paras 8 and 11. Alternatively the definition of scheduled formulations for the purpose of Para 8 may be included on the lines of the definition given in Para 9 explanation. Further one paragraph exclusively to fix the MRP of generic drugs may also be included in the DPCO, said Heroor adding that he was hopeful that it would be done by the government at the earliest.

Share This Story

Leave a Reply
Your name (required)   Your email (required)
 
Website (required)
CommenT
Enter Code (Required)

 

 

 
INGREDIENT MART

RECENT NEWS

TOPICS
That foods might provide therapeutic benefits is clearly not a new concept. ...

 

MAIN LINKS OUR SERVICES OTHER PRODUCTS ONLINE MEDIA  
 
About Us
Contact Us
News Archives
 

Product Finder
Features and Articles
News
 
Chronicle Pharmabiz
Food & Bevergae News
Ingredients South Asia
 
Media Information
Rate Card
Advertise
 
 
Copyright © 2023 Saffron Media Pvt Ltd. All Rights Reserved.
Best View in Chrome (103.0) or Firefox (90.0)