Monday, May 20, 2024
More
    HomeTelanganaDCA confiscates two drug stocks valued at Rs 5.52 lakh for price...

    DCA confiscates two drug stocks valued at Rs 5.52 lakh for price gouging

    Related stories

    Three committee members from the CPI-Maoist party surrender, including one village in-charge

    In Bhadradri Kothagudem District, three individuals surrendered to the...

    Congress accused of deceiving the public by KTR

    KTR, the working president of BRS, criticized the Congress...

    Check details to get your driving licence

    Starting from June 1, private training institutes will now...

    The Telangana State Drug Control Administration (DCA) seized two overpriced drugs, Itrarole-100 and Itrarole-200, from a medical shop in Vanasthalipuram. The stocks seized were worth Rs 5.52 lakh.

    These drugs fall under price control according to the Drugs (Prices Control) Order, 2013. The prices of these drugs should be in line with the ceiling prices set by the National Pharmaceutical Pricing Authority (NPPA).

    - Advertisement -

    Itrarole-100, made by Sunfine Health Care, was being sold for Rs 310 for 10 capsules, while the NPPA ceiling price was Rs 18.67. This means the manufacturer was charging Rs 12.33 more per capsule.

    Itrarole-200, also made by Sunfine Health Care, had an MRP of Rs 435 for 10 capsules, with each capsule being sold at Rs 43.50. The NPPA ceiling price for this drug was Rs 24.77, indicating an extra charge of Rs 18.73 per capsule.

    - Advertisement -
    Also read:  Hyderabad faces havoc as rain causes widespread damage

    The DCA officer stated that further investigations will be conducted and legal action will be taken against those involved in overpricing essential medicines. It is mandatory for the prices of essential medicines to adhere to the Ceiling Prices set by the Central government, and any violation of this rule will result in strict consequences.

    - Advertisement -
    Rajesh M
    Rajesh Mhttps://www.telanganatribune.com
    Latest News from Hyderabad, Telangana, India & World!

    Follow us

    3,565FansLike
    179FollowersFollow
    1,202FollowersFollow
    965SubscribersSubscribe

    Contribute News

    You can contribute an article to Telangana Tribune by dropping a mail at newsdesk@telanganatribune.com

    Latest stories

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here