F.No. 9(26)/01/DP/NPPA

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

2E/21, Jhandewalan Extn.,
Link Road, New Delhi-110 055
Dated : 11th February, 2003

Explanatory Note

Subject: Fixation / Revision of price of bulk drug Chloroquine Phosphate under DPCO, 1995.

NPPA has revised the price of bulk drug Chloroquine Phosphate from Rs. 870/kg. to Rs. 790/kg. vide notification in the Gazette of India Extraordinary No. SO 153(E) dated 11th February, 2003. The price has been revised under the provisions of DPCO, 1995 after conducting the detailed cost price study in respect of the drug. M/s Ipca Labs. Ltd. is the only known manufacturer of the drug in the country. A copy of the notification issued in this regard is enclosed. The notification is also available on the NPPA website www.nppaindia.nic .in.

The revised notified price 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.