21 life saving medicines needed by common man are going to be expensive. The central government has approved a 50 per cent hike in the prices of these medicines. This will increase the sealing price of antibiotics, anti-allergic, anti-malarial drugs, BCG vaccine and vitamin C medicines. Are included. The ceiling price is the control price beyond which no product can be sold.
Government amended
The NPPA, an organization under the central government, has approved the increase in prices by amending the order of Paragraph 19 of the Drugs Price Control Order 2013. Earlier this rule was used only to reduce the prices of medicines.
Medicines will be expensive up to 88 percent
The pharma industry has been lobbying for the past two years on the rise in the price of the active pharmaceutical ingredients (API). This particularly includes medicines that are imported from China. After this decision of the government, the price of API will increase by five to 88 percent according to the product. The API price comprises 40 to 80 percent of the formulation cost. Such as paracetamol contains API cost of 80% of the total value of the final product.
In such cases, BCG vaccine, penicillin, malaria, laprosi, drugs used
in fluid build-up due to heart failure, liver scarring, kidney diseases. , Vitamin-C, antibiotics and anti-allergic drugs will increase in price.
21 life saving medicines needed by common man are going to be expensive. The central government has approved a 50 per cent hike in the prices of these medicines. This will increase the sealing price of antibiotics, anti-allergic, anti-malarial drugs, BCG vaccine and vitamin C medicines. Are included. The ceiling price is the control price beyond which no product can be sold.
Government amended
The NPPA, an organization under the central government, has approved the increase in prices by amending the order of Paragraph 19 of the Drugs Price Control Order 2013. Earlier this rule was used only to reduce the prices of medicines.
Medicines will be expensive up to 88 percent
The pharma industry has been lobbying for the past two years on the rise in the price of the active pharmaceutical ingredients (API). This particularly includes medicines that are imported from China. After this decision of the government, the price of API will increase by five to 88 percent according to the product. The API price comprises 40 to 80 percent of the formulation cost. For example, paracetamol has an API cost of 80% of the total value of the final product.
In such a situation, the price of BCG vaccine, penicillin, malaria, laprosi, heart failure due to fluid build up, liver scarring, kidney diseases, vitamin-C, antibiotic and anti-allergic drugs will increase in price.
The post 21 Life Saving Medicines to Become Costlier by 50 Percent – Shock: 21 life saving medicines to be expensive, Government approved to increase the price by 50 percent appeared first on Khabar Bollywood.
source
http://www.khabarsbollywood.com/21-life-saving-medicines-to-become-costlier-by-50-percent-shock-21-life-saving-medicines-to-be-expensive-government-approved-to-increase-the-price-by-50-percent/
