F.No. 8(1)/2004-DP/NPPA-Div.-II

National Pharmaceutical Pricing Authority
Ministry of Chemicals & Fertilizers
Government of India

5th Floor, YMCA Cultural Center Building,
1, Jai Singh Road, New Delhi-110 001
Dated : 19th January, 2004

Explanatory Note

The National Pharmaceutical Pricing Authority has revised / fixed the prices of 25 formulation packs as on 15th January, 2004. Out of these packs the Ceiling Prices in respect of 13 formulation packs have been fixed under DPCO, 1995, based on Vitamin C, one pack vide S.O.No.71(E), and Tetracycline HCL, five packs vide S.O. No.72(E) & S.O.No.75(E), and for the first time, four formulation packs based on Betamethsone Sodium Phosphate vide S.O.No.76(E) dated 15th January, 2004. The prices of 12 Non-Ceiling Packs based on the bulk drug Vitamin E, Pyrithioxine and Chloroxylenol have also been fixed by the NPPA. The NPPA for the first time has allowed the additional cost for spurious prevention, in the form of hologram labeling.

The prices have been fixed/revised in accordance with the provisions of the Drugs (Prices Control) Order (DPCO), 1995 and as per the established criteria and guidelines. A copy of the statement showing the notified prices is enclosed herewith.

The prices fixed/revised would become effective within 15 days from the date of notification in the official gazette or the receipt of the Non-Ceiling Price (NCP) Order of the NPPA in this behalf, as per Para 14(1) of DPCO, 1995.  Necessary revised price list is to be issued by the manufacturers/importers required under sub paragraph (3) of paragraph 14 of the DPCO, 1995. Accordingly, as per the provisions of the DPCO, the revised price list in Form-V is to be furnished by the concerned manufacturer(s) to the government/NPPA, State Drug Control Authorities and distributors, wholesalers and retailers or any other agent.

The manufacturers are also required to work out the pro-rata prices of different pack sizes as the case may be in terms of S.O. No. 83 (E) dated 27.01.98.

(JAGDISH KUMAR)
Dy. Director