Our Bureau

New Delhi, Sept. 19

THE National Pharmaceutical Pricing Authority has reduced the prices of several drugs used to treat urinary tract infections, asthma and lung infections, anti-inflammatory drugs, and vitamins. It has also, for the first time, fixed the ceiling price of recombinant human insulin, which is being offered by companies such as Wockhardt and Biocon at Rs 33,31,261 a kg.

According to an official statement, the change in price was effected due to change in the rate of corporate tax.

The price of bulk drug sulphamethoxazole (used for urinary tract infections) has been revised downwards from Rs 324 a kg to Rs 323 a kg after conducting a cost price study.

Similarly the notified prices of bulk drug riboflavin (Vitamin B2) and its derivative Vitamin B2 5 phosphate have been brought down to Rs 972 per kg and Rs 2,717 kg respectively. This constitutes a reduction of 36.26 per cent and 18.52 per cent. Vitamin C is also likely to be cheaper with the price falling to Rs 479 a kg.

The prices of the bulk drug of antibiotic cloxacillin sodium (oral) and cloxacillin sodium (sterile) have been revised downward from Rs 1,421 a kg to Rs 1,154 per kg and from Rs 1,890 per kg to Rs 1,652 a kg respectively.

Price of asthma drugs theophylline and hydroxy ethyl theophylline (etophylline) have been reduced by 12.02 per cent and 21.38 per cent to Rs 439 per kg and Rs 511 per kg respectively. The price of another bulk drug salbutamol sulphate used for curing lung ailments and asthma has also been brought down by over 15 per cent to Rs 4,819 a kg.

Drugs for treating round worms will also be cheaper with the price of bulk drugs Pyrantal Pamoate being brought down from Rs 1,361 per kg to Rs 1,204 a kg.

The prices of bulk drugs used for inflammation, betamethasone alcohol, betamethasone valerate and betamethasone di-sodium phosphate has also been revised downward.

(This article was published in the Business Line print edition dated September 20, 2005)
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