Diabytes
NPPA News
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Check the details of medicines, quantity and their prices as notified by the National Pharmaceutical Pricing Authority.
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The new price ceiling will apply to drugs like Antitoxins, Cholesterol, Sugar, Pain, Fever, Infection, Stopping Excessive Bleeding, Calcium, VitD 3, Children's Antibiotics, Zee Media channel reported.
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In view of the extraordinary circumstances arising due to the COVID pandemic that has resulted in recent volatility in maximum retail prices (MRP) of oxygen concentrators, the Government has decided to step in to regulate the price of oxygen concentrators.
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The price cap is aimed at preventing "exploitative pricing, unethical profiteering and an extraordinary failed market system", the National Pharmaceutical Pricing Authority said.
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There are allegations that Fortis over-charged parents of a seven-year-old girl, who died at the hospital despite receiving dengue treatment for over two weeks in September.
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The government on Wednesday capped prices of knee implants at a significantly lower rate than current market rates, a move that could result in savings of Rs 1,500 crore annually to patients requiring surgery.
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Drug pricing regulator NPPA on Friday said prices of around 78 per cent of 'actively used' drugs will remain unaffected after the rollout of the Goods and Services Tax from midnight tonight.
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In order to facilitate smooth implementation of GST for companies, we have worked out the provisional ceiling prices of 761 formulations, NPPA Chairman Bhupendra Singh said.
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Drug pricing regulator NPPA has fixed the ceiling price of 30 more formulations, including those used for treatment of hepatitis, heart conditions, infections, fever and pain.
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The government`s move to put a price cap on stents, which are used to open up blocked arteries, has drawn flak from the health experts, who believe this will block innovation and put patients in jeopardy.
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The NPPA met stent makers and importers today to discuss issues like pricing and availability of the medical device.
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The prices of other important cancer drugs, such as Nanoxel (Rs 1,035) and Frastim (Rs 1,273) have been slashed by 55 per cent and 51 per cent respectively.
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The calculation of price for essential drugs is based on the simple average of rates of all medicines in a particular therapeutic segment with sales of more than 1 percent.
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Drug pricing regulator NPPA will meet stent manufacturers next week to discuss issues like pricing and availability of the medical device.
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The 8 per cent margin also adequately covers hospital handling charges, if any, the regulator had said.
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As many as 634 drugs of various strengths produced by firms, including Cipla, Abbott, Astrazeneca and Dr Reddy's, are "suspected" to be non-compliant with ceiling prices as notified by NPPA.
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Government has slashed prices of 10 more drugs while bringing eight new medicines, including paracetamol, under price control for the first time in its bid to cap cost of over 800 plus formulations to make them affordable.
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Prices of 42 essential medicines used in treatment of various ailments including tuberculosis, cancer, cardiac diseases, asthma, epilepsy, rheumatoid arthritis and depression have been capped by the government, reducing their cost by up to 15 percent.
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