Don’t miss the latest developments in business and finance.

NPPA extends price caps to 39 more medicines

New drugs include antibiotics such as azithromycin, combinations of metformin for diabetes

Reuters Mumbai
Last Updated : Jul 16 2015 | 10:24 AM IST

The National Pharmaceutical Pricing Authority (NPPA) has extended price caps to 39 more medicines ranging from commonly used diabetes drugs to antibiotics, in the government's latest effort to improve affordability of medicines.

The move impacts multinational drugmakers, like Abbott Laboratories and GlaxoSmithKline Plc , and a number of local firms, including Lupin Ltd , Cadila Healthcare Ltd and Ipca Ltd , all of whom sell drugs added to the list.

A notice posted on the NPPA website late on Wednesday detailed the 39 new drugs, which extend a price control list that already includes more than 652 medicines.

New drugs added to the list include commonly used antibiotics such as azithromycin, combinations of metformin for diabetes, as well as the anti-emetic domperidone.

Also Read

First Published: Jul 16 2015 | 9:43 AM IST

Next Story