Paracetamol, injections to cost up to 35% less
Chandigarh/New Delhi: The drug price regulator has slashed prices of all paracetamol medications, including injections, by up to 35% in wake of the flu outbreak across the country.
While all brands of paracetamol tablets were already under price control, injections are more commonly used in cases of high fever from dengue and chikungunya.
The price reduction was notified to companies by NPPA in the middle of September and will come in effect immediately.
Pharmaceutical sales estimates for the month of August shows, paracetamol market grew by 47.2%. Besides, the fever reducing drug is also sold in many other combination forms.
The move is aimed at making the drug accessible and affordable to people across the country and to all sections of society, an official in the National Pharmaceutical Pricing Authority (NPPA) said. NPPA is responsible for regulating prices of medicines in the country as well as ensuring their availability.