News + Font Resize -

NPPA recovers Rs 6.17 crore from 38 companies
Joe C Mathew, New Delhi | Friday, August 2, 2002, 08:00 Hrs  [IST]

National Pharmaceutical Pricing Authority (NPPA) has realized Rs 6.17 crore from 38 companies on account of overcharging for drugs as on June 30, 2002. The companies that have returned the overcharged amount include pharma majors like USV Limited, Glaxo Ltd, Sun Pharma Industries and Lyka Labs.

According to government records, USV Limited tops the list with Rs 2.17 crore having remitted to government on account of overcharging for its Doxycycline HCl formulation. Glaxo (I) Ltd stands second with 1.77 crore (Ranitidine formulation). Johnson & Johnson Ltd had to pay Rs 1.5 crore for its Raricap Capsules.

NPPA has issued 110 notices to various companies till date. The overcharged amounts mentioned in the show-cause notices are only tentative and the actual amount of overcharging in each case is determined after the scrutiny of the reply and documents furnished by the company.

Sr No.

Name of the Company

Formulation Name

Overcharged Amount Recovered (Rs in Lakhs)

E Merck Ltd

Emquin D S Tabs

Atra Pharmaceuticals Ltd

Attraprim SS and DS Tablets, Atragesic

0.194

Lyka Labs

Lydin Tabs

0.158

Beekay Pharmaceuticals Pvt Ltd

Cefzil - 500 mg

0.33

Medicament

Norfloxacin & other formulations

0.848

Malcom Pharmaceuticals

Amoxy + Closacillin formulations

0.049

Parth Parenteral Pvt Ltd.

Dextrose 5% Inj. 1000 ml

Elder Pharmaceuticals Ltd.

Venex 500 mg 10's

3.438

Radicura Pharmaceuticals Pvt Ltd.

Raditrim Tabs 10 x 10

0.028

Unitech Pharmaceuticals Pvt Ltd.

Faxcid Tabs 40 mg 10's

0.129

Sun Pharma Industries Limited

Zeptol 200mg 10's

7.808

Iven Pharmaceuticals Pvt Ltd.

Pentazocin Inj based formulations

0.023

Laborate Pharmaceuticals India

Cefadroxyl Dry Syrup 30 ml bottle

0.082

Bell Pharma Pvt. Ltd.

Dexosyn - N ( Eye / Ear Drops) 5 ml

0.516

Nectar Products India Ltd.

Dextrose inj. Dextrose Sodium Chlirode inj

0.11

Radicura Pharmaceuticals Pvt Ltd

Radibex capsules (Vitamin B Complex)

0.076

Li Taka Pharmaceuticals Ltd.

Dologesic Forte (Ibuprofen 400mg and Paracetamol 500mg) Tabs 10's

0.278

Mexican Pharmaceuticals Pvt Ltd

Higesic Tab 10's and Higesic Susp. 60ml Bottle

0.048

Wintac Limited

Comfortex Caps 10 x 10's Strip

0.393

K P Pharmaceuticals

Ibuphen Tabs & others

0.432

Rexford (I) Pharmaceuticals

Ibu-P Tabs & Dolcin Capsules

0.149

Newfin Pharmaceuticals Pvt Ltd

Fenemol Tablets 10's

0.223

Burnet Pharma

Gentamycin Eye Drop 5 ml vial

0.015

Aryan Pharmaceuticals Pvt Ltd

Femol Tabs 10's

0.123

Variety Pharmaceuticals Pvt Ltd

Vestrim Tablet 10's

0.207

Rathi Laboratories Pvt Ltd

Ranitidine injection 25mg/ml 2ml Ampoule

0.066

Bestochem Formulation (I) Ltd.

Betawin -S and Betawin Forte Tab 10's each

1.87

Seamless Capsules Pvt Ltd

Vitamin E Capsule 400 mg 10's

0.458

Lincoln Pharmaceuticals Ltd

Tetracycline HCI Cap 250mg 10's

0.195

Besto Plast

Besto - E 400mg Capsules 10's

0.15

Koundinya Pharmaceuticals and Foods Pvt. Ltd

AK Mol Tablet

0.03

Harvey India Pharmaceutical Division

Ibucaam Tablet 10's

0.031

Sanket Pharmaceutical Pvt Ltd

Fenemol Tablets

0.078

Universal Pharmaceutical

Analgin Tabs 10's

0.083

Johnson & Johnson Ltd.

Raricap Capsules

USV Ltd.

Doxycycline HCl

217.33

Glaxo Ltd

Ranitidine Formulation

Infar India Limited

Dexatopic Cream

37.81

Post Your Comment

 

Enquiry Form