Pharma body clears Micro Labs of charges of spending Rs 1000 cr on freebies

Indian Pharmaceutical Alliance ethics committee submits report to NPPA

The Indian Pharmaceutical Alliance (IPA) on Saturday cleared Micro Labs, the makers of the paracetamol tablet Dolo-650, of the charge that they offered freebies worth Rs 1,000 crore to doctors to prescribe the brand.

The IPA, whose members account for 60 per cent of India’s domestic pharmaceutical market and about 80 per cent of India’s exports, in a report submitted to the National Pharmaceutical Pricing Authority (NPPA) said that, “in view of interaction with the management of the company and the detailed reply, it is clear Rs 1,000 crore expenditure on single brand Dolo-650 on freebies in one year is