F-9(20/98)DP/NPPA

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

Explanatory Note

Subject: Drugs (Prices Control) Order, 1995 -Fixation/Revision of Prices of bulk drugs Oxytetracycline HCl, Oxytetracycline Amphoteric and Carbamezapine.

NPPA has revised the prices of Oxytetracycline HCl to Rs. 1100.00 per Kg and Oxytetracycline Amphoteric to Rs. 1560.00 per Kg and has fixed the price of Carbamezapine at Rs. 3800.00 per Kg Vide notification in the Gazette of India extraordinary no. S.O. 690(E), 691(E) and 692(E) respectively dated 30th August, 1999. A copy of the same is enclosed.

Oxytetracycline is a broad based spectrum antibiotic drug while Carbamezapine is used in the treatment of epilepsy. These price revision/fixation have been carried out by conducting the fresh cost price studies based on the data of the major manufacturers in each case viz. M/s Pfizer Ltd. and M/s Max India Ltd. respectively. The prices of Oxytetracycline Hcl and Oxytetracycline Amphoteric were last notified on 06.08.97 and 21.1.92 respectively.

The revised notified price shall become effective within fifteen days from the date of the notification in the Official Gazette. All the manufacturers of the formulations utilising these drugs in their scheduled formulations are advised to follow the provisions of DPCO, 1995 with regard to pricing of the derivative formulations.

(Jagdish Kumar)
Dy Director