NPPA slashes prices of 24 essential medicines by up to 30% – Antibiotics to be much pocket-friendly
Indian drug pricing watchdog National Pharmaceutical Pricing Authority (NPPA) has cut prices of 24 more essential medicines, including widely used antibiotics and an abortion pill, by up to 30 per cent through its latest price fixation and revision order.
Key Takeaways
- Drastic reduction in the prices of antibiotics, such as cefixime and the amoxicillin-clavulanic acid combination (according to a May 18 notification)
- NPPA has also brought down the ceiling price of abortion drug mifepristone by nearly Rs 100 per tablet. The drug is generally prescribed in a kit of four tablets available for Rs 500 to 600, with an additional tablet of Rs 300 required to complete the course, according to pharmacies. NPPA had earlier set the ceiling price for mifepristone 200 mg at Rs 394.31 per tablet in 2011
- Omeprazole, a drug to treat gastroesophageal reflux disease (GERD) and also prescribed with antibiotics to treat gastric ulcers, has also enjoyed close to 30 per cent reduction in its ceiling price
NPPA’s latest order follows its May 10 notification capping the prices of 41 medicines brought into the ambit of the new National List of Essential Medicines (2015). The regulator had slashed prices of widely used cancer, hypertension, diabetes and cardiovascular drugs by more than half.
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