F. NO. 8 (31)/2001/DP/NPPA-Div.II
GOVERNMENT OF INDIA
MINISTRY OF CHEMICALS AND FERTILIZERS
NATIONAL PHARMACEUTICAL PRICING AUTHORITY
NEW DELHI, DATED THE 17/01/2001
ORDER
In exercise of the powers, conferred by sub-paragraph (1)/(2)/(4) of paragraph 8 of the Drugs (Price Control) Order, 1995, read with No. S.O. 637(E) dated the 4th September, 1997 issued by the Government of India in the Ministry of Chemicals and Fertilizers, the National Pharmaceutical Pricing Authority hereby fixes/ revises the prices as specified in column (7) of the Table hereto annexed as the retail price/revised retail price, exclusive of local tax if any, in relation to each of the formulations specified in the corresponding entry in column (2) of the said Table with pack size specified in the corresponding entries in column (3) thereof;
TABLE
| Sl No. | Name of the formation | Pack Size | Existing Retail Price (Rs.) | Retail Price without Excise Duty (Rs.) | Excise Duty (Rs.) | Revised Retail Price with Excise Duty (Rs.) |
|---|---|---|---|---|---|---|
| (1) | (2) | (3) | (4) | (5) | (6) | (7) |
| 1. | Wysolone 30mg Tab. Each tab contains Prednisolone I.P.-30mg |
10’s Strip/Blister |
33.39 | 34.78 | 4.30 | 39.08 |
| 2. | Wysolone 40mg Tab. Each tab contains Prednisolone I.P.-40mg |
10’s Strip/Blister |
44.09 | 45.54 | 6.05 | 51.59 |
2. This order shall be applicable if the manufacturer of the formulation specified in column (2) of the Table above has complied with the requirements, if any, of
a. the Drugs and Cosmetics Act, 1940 (23 of 1940) and the rules made thereunder; and
b. the Industries (Development and Regulation) Act, 1951 (65 of 1951) as amended from time to time.
3. a. The prices fixed/revised are the maximum retail prices (inclusive of excise duty and exclusive of local taxes, if any) for the specified pack and packs of similar strength, and comlpanies cannot claim exemption on any ground therefrom, unless specifically permitted by the Government/NPPA through an order.
For different packing material used or any special feature claimed, companies are required to approach NPPA for approval/fixation of specific prices.
4. a. The prices given in column 7 of the above table will remain valid subject to the condition that the company will capatively consume the entire quantity of bulk drug Prednisolone produced by it. Thereafter in a year it shall maintain atleast the following ratio of production of formulations between indigenously produced and imported bulk drug :
(i) Indigenous 75%
(ii) Import based 25%
b. For any deviation from teh above ratio the company will be required to deposit the differential accrued and deposit the same to the Central Government as may be determined by the NPPA based on the cost of imported bulk drug in a year.
c. The company is required to submit quarterly report on production/consumption of bulk drug/formulation as per performa by 10th January, April, July and October of its preceeding quarter to the Government/NPPA in respect of domestic as well as imported bulk drug.
5. These prices/revised prices shall be made effective within 15 days of receipt of this order as required under sub para 14(1) of DPCO, 1995. The necessary price-list should also be issued as required under sub-paragraph (3) of paragraph 14 of the Drugs (Prices Control) Order, 1995.
PN/42/2001/F
(L. M. Kaushal)
Dy. Director
M/s Wyeth Lederle Ltd.
Nyloc House, 254 D2
Dr. Annie Besant Road,
P.O. Box 9109, Worli,
Mumbai-400 025
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