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Indian Drug Pricing Authority Allows Increases In Six Bulk Drugs

This article was originally published in PharmAsia News

Executive Summary

India's National Pharmaceutical Pricing Authority has increased the cap on prices that can be charged for six bulk drugs. The increase covers cefataxime sodium, metronidazole, metronidazole benzoate, parachlorometaxylenol, ranitidine HCI and vitamen E acetate. Effective 15 days after official notification, drug makers are allowed to increase the prices of the drugs within a range of 3 percent to 12 percent. Makers of drugs using those ingredients are allowed to increase their own prices by about 8 percent if the price of the bulk drug rises by 12 percent. (Click here for more
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