Centre asks regulators, state govts to ensure supply of APIs, drugs at affordable prices

Image
Press Trust of India New Delhi
Last Updated : Mar 03 2020 | 8:28 PM IST

The central government on Tuesday asked National Pharmaceutical Pricing Authority (NPPA), Drugs Controller General of India (DCGI) and state governments to ensure adequate supply of APIs and formulations at affordable prices in the market.

It also issued instructions to NPPA, DCGI and state governments to prevent black marketing, illegal hoarding, artificial shortages of active pharmaceutical ingredients (APIs) and formulations in the country.

NPPA has also written to chief secretaries of states with copies to principal secretaries (health) and state drug controllers urging them to closely monitor the production and availability of APIs and formulations to prevent the black marketing and hoarding in their states or UTs, the Department of Pharmaceuticals (DoP) said in a statement.

The pharma pricing regulator has also asked states to ensure that there is no violation of provisions of the Drugs (Prices Control) Order, 2013, with regard to compliance of ceiling prices/ permissible increase in prices of scheduled/ non-scheduled formulations respectively, it added.

DoP had earlier constituted a committee under the chairmanship of Eswara Reddy, joint drugs controller at CDSCO, to address the issues of drug security in the country amid the coronavirus outbreak in China, the statement said.

The committee, in its report, has mentioned that the current stock-in-hand of the APIs may be sufficient for 2-3 months to make formulations. It also said there is no need to panic as far as drug security is concerned.

"As per the latest available information, most of the Chinese companies manufacturing pharmaceutical ingredients (excluding those in Hubei province) have now resumed operations partially and expected to resume fully by end of March. There are no restrictions on the export of APIs from China," the statement said.

The Chinese companies are willing to export to India, however, the logistics sector has not yet resumed operations fully, it added.

The government on Tuesday restricted exports of 26 pharma ingredients and medicines, including paracetamol, vitamin B1 and B12, amid the coronavirus outbreak in China.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 03 2020 | 8:28 PM IST

Next Story