F.No. 9(4)/04/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 January, 2004

Explanatory Note

Subject: Fixation/Revision of prices of bulk drugs Carbamezapine, Aspirin, Analgin, Doxycycline Hcl and Spironolactone under DPCO, 1995.

The NPPA has revised the prices of bulk drugs Carbamezapine, Aspirin, Analgin, Doxycycline Hcl and Spironolactone. The price of bulk drug Carbamezapine has been revised from Rs. 3800/kg to Rs.3103/kg, Aspirin from Rs.115/kg to Rs.119/kg, Analgin from Rs. 378/kg to Rs. 437/Kg, Doxycycline Hcl from Rs.4138/kg to Rs. 1855/kg, Spironolactone from Rs. 17115/kg to Rs.26619/kg. vide notification in the Gazette of India Extraordinary No. S.O. 63(E) to S.O. 67(E) dated 14th January, 2004. The prices in respect of bulk drugs Carbamezapine, Aspirin and Analgin have been revised after conducting the detailed cost price study of M/s Jubilant Organosys, (for Carbamazepine) M/s Alta Labs and M/s Andhra Sugars (for Aspirin) and M/s Vani Chemicals (for Analgin). The price of the bulk drug Doxycycline Hcl has been revised based on available information with NPPA. The price of bulk drug Spironolactone has been revised as M/s RPG Life Sciences has re-started the production of the drug in the country. The revised price is comparable with the import price of the drug. The import price had also been considered while fixing the prices of Spironolactone based formulations. 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.