Pharmabiz
 

NPPA fixes ceiling prices for 6 Doxycycline formulations on suo-moto

Our Bureau, New DelhiFriday, March 12, 2004, 08:00 Hrs  [IST]

The National Pharmaceutical Pricing Authority (NPPA) has fixed the ceiling prices in respect of 6 formulation packs based on the bulk drug Doxycycline Hyclate, on suo-moto basis. These formulations are coming under the price control for the first time. The notification was issued on March 9, 2004. Doxycycline formulations are used in the treatment of Respiratory, genito-urinary, dental, ophthalmic, ENT and gynaecological infections, Venereal diseases etc. The prices have been fixed/revised in accordance with the provisions of the Drugs (Prices Control) Order (DPCO), 1995 and as per the established criteria and guidelines. The prices fixed/revised would become effective within 15 days from the date of notification in the official gazette or the receipt of the Non-Ceiling Price (NCP) Order of the NPPA in this behalf, as per Para 14(1) of DPCO, 1995. Necessary revised price list is to be issued by the manufacturers/importers required under sub paragraph (3) of paragraph 14 of the DPCO, 1995. Accordingly, as per the provisions of the DPCO, the revised price list in Form-V is to be furnished by the concerned manufacturer(s) to the government/NPPA, State Drug Control Authorities and distributors, wholesalers and retailers or any other agent. The manufacturers are also required to work out the pro-rata prices of different pack sizes as the case may be in terms of S.O. No. 83 (E) dated 27.01.98.

 
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