Fixed ceiling prices of 849 formulations till November 2017: Govt informs Parliament

The government has fixed ceiling prices of 849 formulations, including two coronary stents, till November 2017, Parliament was informed on Friday.

The government has fixed the ceiling prices of 849 formulations, including two coronary stents, under revised Schedule I, based on National List of Essential Medicines, 2015," Minister of State for Chemicals & Fertilisers Mansukh L



Mandaviya said in a written reply in Rajya Sabha.

The National Pharmaceuticals Pricing Authority (NPPA) fixes the ceiling prices of medicines listed in the Drugs (Prices Control) Order, 2013 (DPCO 2013), he added.

Out of the 849 formulations, the ceiling prices of 59 formulations were reduced by above 40 per cent with respect to maximum price, Mandaviya said.