"Yes, it is a fact that some branded medicines are many times costlier than generic medicines," Minister of State for Chemicals and Fertilisers Mansukh L Mandaviya said in a reply to a question in the Rajya Sabha.
The average price of leading brands of cardiac treatment drugs such as Amlodipine 5 mg and Atenolol 50 mg film coated tablets, Ramipril 5 mg tablets and Losartan 50 mg and Hydroclorothiaze 12.5 mg tablets is 10-8 times costlier than the generic medicines in Jan Aushadhi Kendras, he added.
While leading brands of Glimepiride 2 mg tablets are available for Rs 50 for a 10 tablets pack size, the generic medicine is available at Rs 5.05 in the Jan Aushadhi Kendras, he added.
On the other hand, Metformin HCL 500 mg tablets leading brands are 3 times higher than the generic medicines in the Jan Aushadhi Kendras, Mandaviya said.
Also Read
In the antibiotic segment also the leading brands of some of the medicines are higher up to 4 times, he added.
He also said that "the group of secretaries have made several recommendations for promotion of generic medicines".
Disclaimer: No Business Standard Journalist was involved in creation of this content