Govt cuts prices of 10 drugs, brings 8 more under control

Govt cuts prices of 10 drugs, brings 8 more under control

PTIUpdated: Thursday, May 30, 2019, 12:40 PM IST
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New Delhi : The 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. Drug price regulator NPPA has reduced the prices of ten drugs, including of anti-coagulant enoxaparin and anti- epilepsy drug carbamazepine, in the range of 4.8 per cent to a tad over 23.3%.

On the other hand, medicines like paracetamol and antibiotics like cefadroxil and cefazolin have been brought under the price control ambit for the first time.  Confirming the development, NPPA Chairman Bhupendra Singh told PTI: “We will bring more medicines under the price control as a total of 800 plus formulations are to be brought under the price control as soon as possible.”

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