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PRESS RELEASE/EXPLANATORY NOTE

F.No. 9(26)/01/DP/NPPA

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

2E/21, Jhandewalan Extn.,
Link Road, New Delhi-110 055
Fax No. : 011-3682146

Dated : 7th August, 2002

Explanatory Note

Subject: Fixation/Revision of prices of bulk drugs Sodium Penicillin G, Benzathine Penicillin G and Procaine Penicillin G under DPCO, 1995.

NPPA has revised the price of bulk drugs Sodium Penicillin G from Rs.1094/BU to Rs.1207/BU, Benzathine Penicillin G from Rs.2582/Kg. to Rs.2583/Kg., and Procaine Penicillin G from Rs.1318/BU. to Rs.1397/BU vide notification in the Gazette of India Extraordinary No. S.O. 829 (E) dated 6th August, 2002. The prices have been revised under the provisions of DPCO, 1995 after taking into consideration the Review Order issued by the Department of C&PC under para 22 of the said order in the case of above drugs. These Penicillin bulk derivatives are manufactured in the country by M/s Alembic Ltd., M/s Hindustan Antibiotics Ltd. and M/s Wyeth Lederle etc. A copy of the notification issued in this regard is enclosed. The notification is also available on the NPPA website www.nppaindia.nic.in.

The revised notified price 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: 31-05-2019