F.No. 9(6)/99/DP/NPPA
GOVERNMENT OF INDIA MINISTRY OF CHEMICALS AND FERTILIZERS
NATIONAL PHARMACEUTICAL PRICING AUTHORITY
23rd Floor,
Jawahar Vyapar Bhawan,
Tolstoy Marg, New Delhi- 110 001.
Fax No. 3701144
Dated 19th
November, 1999.
Subject
:- Revision of Prices of Ibuprofen, Erythromycin Stearate
and Erythromycin Ethyl Succinate under DPCO 1995
The NPPA, has
revised the prices of bulk drugs Ibuprofen from Rs.442/-
to Rs.365/ per Kg, Erythromycin Stearate from Rs.3488/kg.
to Rs. 2604/kg. and that of Erythromycin Ethyl Succinate
from Rs.5714/kg. to Rs.4392/kg. wide notification in the
Gazette of India Extraordinary SO No. 1124(E) and SO No.
1125(E) dated 17.11.99. These revised prices are 17.42%,
25.34%, and 23.14% lower than the current notified prices
of Ibuprofen, Erythromycin Stearate and Erythromycin
Ethyl Succinate respectively. A copy each of the
notification is enclosed. The revision in the prices of
these drugs have been made based on available information
with NPPA. Whereas Ibuprofen is a non-steroidal
anti-inflammatory drug, Erythromycin is an antibiotic
used in the treatment of respiratory tract infection.
These revised
prices shall be made effective within 15 days from the
date of this order as required under sub paragraph (1) of
paragraph 14 of Drug (Price Control) Order, 1995. The
necessary price-list should also be issued as required
under sub-paragraph (3) of paragraph 14 of the Drug
(Price Control) Order, 1995. All the manufacturers of the
formulations utilising these drugs in their scheduled
formulation are advised to follow the provisions of DPCO,
1995 with regard to pricing of the derivative
formulations.
(Rachna
Chopra)
Director (Cost)
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