NPPA fixes the retail prices of formulations of Silver Sulphadiazine

Aug 16, 2019 | by Avantis RegTech Legal Research Team


The Ministry of Chemicals and Fertilizers on August 14, 2019, has passed an Order in order to fix the retail prices of formulations of ‘Silver Sulphadiazine’ under the Drugs (Prices Control) Order, 2013. The ceiling price of the formulation exclusive of goods and services tax applicable, with the dosage form and strength (Cream 1%) and unit (1 gm) is Rs. 0.50.

All manufacturers of scheduled formulation, selling the branded or generic or both the versions of the formulation at a price higher than the ceiling price (plus goods and services tax as applicable) so fixed and notified by the Government, shall revise the prices of all such formulation downward not exceeding the ceiling price of Rs. 0.50. All the existing manufacturers of the formulation having MRP lower than the ceiling price shall continue to maintain the existing MRP.

[Order S.O. 2942(E)]

 


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