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NICHOLAS PIRAMAL (I) LTD

F. NO. 8 (23)/99/DP/NPPA-Div.II
Government of India
Ministry of Chemicals and Fertilizers
National Pharmaceuticals Pricing Authority

New Delhi,

Dated :15th February, 2000

ORDER

In exercise of the powers, conferred by sub-paragraph (1)/(2)/(4) of paragraph 8 and paragraph 11 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;

 

Name of the fomulation Pack size Existing Retail Price (Rs.) Retail Price without Exice Duty (Rs.) Exice Duty (Rs.) Revised Retail Price with Exice Duty (Rs.)
(1) (2) (3) (4) (5) (6)
Aknemycin Solution
Each ml contains
Erythromycin BP 4.0% w/w
Absolute Alcohol IP 91.5% w/w
25ml Vial 0.00 25.36 3.13 28.49

 

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.

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.

The price fixed in this order is provisional and valid for six months only from the date of issue of this order. The company will be required to seek fresh price approval within the stipulated period after commencement of production of Aknemycin Solution.

PN/33/2000/F

M/s Nicholas Piramal (I) Ltd.
100 Centre Point, Dr. Baba Saheb Ambedkar Road,
Opp. Bharatmata Parel
Mumbai-400 012

(L. M. Kaushal)
Deputy Director

Last Page Updated: 16-01-2019