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medicine formulation : The National Drug Pricing Authority has increased the prices of 11 formulations of 8 medicines by 50%. This decision has been taken due to the increasing cost of manufacturing these medicines. During the meeting with the National Drug Pricing Authority, the Ministry of Health and Family Welfare decided to increase the prices of medicines by 100 per cent. Know what it will do and what is the formulation of the medicine…
pharmaceutical companies were incurring losses
The maximum rates of these medicines were so low that the companies manufacturing and marketing them were incurring losses. Due to this, some companies stopped marketing them. After this, some companies also appealed to NPPA to stop their marketing. Since these are very basic medicines, their supply has been greatly affected and patients as well as doctors have to face a lot of problems.
Prices of which medicines increased?
The drugs whose prices have been increased by NPPA include those used in the treatment of glaucoma, asthma, tuberculosis, thalassemia and mental health. The formulations whose rates have increased include Benzyl Penicillin 1 million IU Injection, Salbutamol Tablets 2 mg and 4 mg and Respirator Solution 5 mg/ml. These drugs are used as first-line treatment.
The price of these vaccines has been increased, making them expensive.
Cefdroxil Tablet 500 mg
Atropine Injection 06 mg/ml
Streptomycin Powder 750 mg and 1000 mg
desferrioxamine 500 mg
What is medicine formulation?
The formulas from which medicines are made are called sutras. Formulation is a process in which different components of medicines are combined to form a specific type of ingredient, which helps in increasing the quality and effectiveness of medicines so that they can work properly in the body. Medicines are prepared in the form of tablets, capsules, syrups or injections.