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EXPLANATORY NOTE 31ST MARCH 2005

F.No. 9(19)/05/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 : 31st March, 2005

 

Explanatory Note

 

Subject: Fixation/revision of prices of bulk drugs under DPCO, 1995

The NPPA has revised the price of bulk drug Rifampicin. The Maximum Selling Price (MSP) of this bulk drug has been revised from Rs.4200/Kg to Rs.3480/Kg based on detailed cost price study of M/s Novartis, M/s GTBL and M/s Lupin Ltd. under para 3 of DPCO, 1995. The price now notified works out to 17.14% less than the earlier notified price.

The revised notified price shall become effective within 15 days from the date of notification 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.