preloader

EXPLANATORY NOTE – 4TH JANUARY 2005

F.No. F-9(4)/04/DP/NPPA

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

YMCA Cultural Centre Building,
1, Jai Singh Road, New Delhi-110001
Phone: 011-23345116/18, Fax: 23445119
Dated : 4th January, 2005

 

Explanatory Note

Subject: Fixation/Revision of prices of bulk drugs Parachlorometaxylenol (PCMX) and Analgin under DPCO, 1995 reg.

The National Pharmaceutical Pricing Authority (NPPA) has revised the prices of bulk drugs Parachlorometaxylenol (PCMX) and Analgin (Metamizole). The price of bulk drug Parachlorometaxylenol (PCMX) has been revised to Rs.294/Kg. The earlier notified price of this bulk drug was also Rs. 294/Kg and hence there is no change in the notified price of this bulk drug. The price of bulk drug Analgin has been revised upward from Rs. 437/Kg to Rs. 458/Kg which works out to an increase of 4.81%.

The maximum sale price of bulk drug Parachlorometaxylenol (PCMX) has been revised / fixed based on cost cum techno economic study. The only known manufacturer of the bulk drug viz M/s Reckitt and Benckiser coperated with NPPA in submitting relevant information.

The price of bulk drug Analgin has been revised based on requests of the only known manufacturer of this bulk drug viz M/s Vani Chemicals to revise the price based on increase in input costs viz. raw material cost etc. These prices were revised vide notification in the Gazette of India Extraordinary S.O Nos. 1428 (E) and 1429 (E) dated 30 December, 2004. 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.

 

Last Page Updated: 06-06-2019