News

NPPA Approves 50% Price Hike for Essential Drugs to Ensure Continued Availability

New Delhi: The National Pharmaceutical Pricing Authority (NPPA) has approved a 50% increase in the ceiling prices of 11 scheduled formulations covering eight essential drugs. This decision, taken during a full Authority meeting on October 8, 2024, aims to maintain the availability of critical medications in light of rising production costs.

The NPPA’s mandate focuses on ensuring that essential drugs remain affordable and accessible to meet the country’s public health needs. However, pharmaceutical manufacturers have been submitting requests for upward price revisions, citing factors like increased costs of Active Pharmaceutical Ingredients (APIs), higher production costs, and fluctuations in exchange rates. These rising costs have made the production and marketing of some drugs unsustainable, with companies even applying to discontinue certain formulations.

The drugs affected by the price hike are crucial to India’s public health programs, with applications in treating asthma, glaucoma, thalassemia, tuberculosis, and mental health disorders. The formulations for which ceiling prices have been revised include:

  • Benzyl Penicillin 10 lakh IU injection
  • Atropine injection 0.6 mg/ml
  • Streptomycin powder for injection (750 mg and 1000 mg)
  • Salbutamol tablets (2 mg and 4 mg) and respiratory solution (5 mg/ml)
  • Pilocarpine 2% drops
  • Cefadroxil tablets (500 mg)
  • Desferrioxamine injection (500 mg)
  • Lithium tablets (300 mg)

Most of these drugs are low-cost, first-line treatments critical to the nation’s health infrastructure. The NPPA invoked its extraordinary powers under Paragraph 19 of the Drug Price Control Order (DPCO), 2013 to approve the price increase in the larger public interest.

This is not the first time the NPPA has taken such a step. In 2019 and 2021, the Authority increased the prices of 21 and 9 formulations respectively, also by 50%, to ensure the continued availability of vital medications.

Bureau The News Hashtag

Recent Posts

Four Eminent Odias Conferred Padma Shri, Bringing National Honour to the State

Bhubaneswar: Odisha’s vibrant cultural, literary and artistic heritage received national recognition as four distinguished personalities…

4 hours ago

Mukteswar Dance Festival–2026 Draws Global Audience, Showcases Odisha’s Cultural Grandeur

Bhubaneswar: The Mukteswar Dance Festival–2026 has emerged as a major cultural attraction for international tourists,…

4 hours ago

Tom Boon’s Hat-Trick Powers Ranchi Royals into HIL 2026 Final

Bhubaneswar: Ranchi Royals booked their place in the final of the Men’s Hero Hockey India…

5 hours ago

BBC Stalwart and Chronicler of India Mark Tully Dies at 90

New Delhi: Mark Tully, the veteran journalist, celebrated author and one of the most respected…

11 hours ago

Renowned Odia Music Composer Abhijit Majumdar Passes Away at 54

Bhubaneswar: The Odia music fraternity plunged into mourning following the demise of renowned music composer…

12 hours ago

NITI Aayog Leadership Meets Odisha CM, Discusses Growth Roadmap and BCPPER Vision

Bhubaneswar: Odisha’s development roadmap and reform momentum took centre stage on Tuesday as Vice Chairman…

1 day ago