F.No. 9(19)/05/DP/NPPA

Government of India
Ministry of Chemicals & Fertilizers
Department of Chemicals and Petrochemicals
National Pharmaceutical Pricing Authority

YMCA Cultural Center Building,
1, Jai Singh Road, New Delhi-110001
Phone : 011-23345116/18, Fax : 23445119
Dated : 16th September, 2005

Explanatory Note

Subject: Fixation/Revision of prices of bulk drugs under DPCO, 1995.

The National Pharmaceutical Pricing Authority (NPPA) has fixed / revised prices in respect of 16 scheduled bulk drugs including derivatives under the provisions of DPCO, 1995, in its meeting held on 01.09.2005.

The notified price of bulk drug Sulphamethoxazole has been revised downwards from Rs.324/kg. to Rs.323/kg. after conducting a cost price study. This works out to a decrease of 0.31% in comparison to the earlier notified price.

The notified prices of bulk drug Riboflavin (Vitamin B2) and its derivative Vitamin B2 5 Phosphate have been revised downward from Rs.1525/kg. to Rs. 972/kg. and Rs.2721/kg. to Rs.2217/kg. respectively. These prices were revised based on available information. This constitutes a reduction of 36.26% and 18.52%, compared to the earlier notified price.

The prices of bulk drug Cloxacillin Sodium (Oral) and Cloxacillin Sodium (Sterile) have been revised downward from Rs.1421/kg. to Rs.1154/kg. and Rs.1890/kg. to Rs.1652/kg respectively. The consequential reduction in prices is 18.79% and 12.59% as compared to the earlier notified amounts.

The prices of bulk drugs Theophylline and Hydroxy Ethyl Theophylline (Etophylline) have been revised downward from Rs.499/kg. to Rs.439/kg. and Rs.650/kg. to Rs.511/kg. respectively. The revised prices are lower by 12.02% and 21.38% when compared with the existing price.

The price of bulk drug Salbutamol Sulphate has been revised downward from Rs.5710/kg. to Rs.4819/kg. The revised price is lower by 15.60% when compared with the existing price.

The prices of bulk drugs Vitamin C, Vitamin C (Coated) and Sodium Ascorbate have been revised downward from Rs.479/kg. to Rs.396/kg., Rs.477/kg. to Rs.382/kg. and from Rs.525/kg. to Rs.412/kg. respectively. These revised prices are lower by 17.33%, 19.92% and 21.52% when compared with the existing prices.

The price of bulk drugs Pyrantal Pamoate has been revised downward from Rs.1361/kg. to Rs.1204/kg. The revised price is 11.5% lower than the existing notified price.

The price of bulk drug recombinant Human Insulin has been fixed for the first time at Rs.3331261/kg. The production of Human Insulin in the country was reported by M/s Wockhardt and M/s Biocon.

The prices of bulk drugs Betamethasone Alcohol, Betamethasone Valerate and Betamethasone Di-Sodium Phosphate has been revised down ward from Rs.221/gm., Rs.210/gm. and Rs.176/gm. to Rs.220/gm., Rs.209/gm. and Rs.175/gm. respectively. The prices have been reduced by 0.45%, 0.48% and 0.57% when compared with the existing price. The change in price was effected due to change in the rate of Corporate Tax.

Copies of the notifications issued in this regard are enclosed. The notifications are also available on the NPPA website www.nppaindia.nic.in.

The revised notified prices shall become effective within 15 days from the date of notification in the Official Gazette. All the manufacturers of the formulations utilizing the drug in their scheduled formulations are advised to follow the provisions of DPCO, 1995 with regard to pricing of the derivative formulations.