Retail prices of 65 new drugs fixed
Business Standard|December 23, 2024
The National Pharmaceutical Pricing Authority (NPPA) has fixed retail prices for 65 new drug formulations and notified ceiling price fixation of 13 formulations.
SANKET KOUL
Retail prices of 65 new drugs fixed

The regulatory body, under the Department of Pharmaceuticals, also revised the ceiling prices of seven other drugs to include the impact of the 0.00551 per cent increase in drug prices in the National List of Essential Drugs (NLEM), based on the changes in the wholesale price index (WPI) for 2024.

The decision to revise the prices of the formulations was taken during the authority's 128th meeting on December 12. Prices have been fixed for drugs used to treat Type 2 diabetes, high cholesterol, bacterial infections, and painkillers, whereas drugs with revised ceiling prices include vaccines for rabies, tetanus, and measles, among others, according to multiple notifications from the NPPA.

This story is from the December 23, 2024 edition of Business Standard.

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This story is from the December 23, 2024 edition of Business Standard.

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