Wednesday, October 29, 2014

NPPA REVISES DETTOL PRICE

Drug price regulator National Pharmaceutical Pricing Authority (NPPA) has revised the prices of Dettol antiseptic liquid formulations under the directions of the Delhi High Court. In a statement NPPA said, under the revised prices, a pack of 12x5 litre of Dettol antiseptic liquid formulation will cost Rs 7,805.60 as against Rs 7,276.46 earlier. A 12x500ml glass bottle pack will now cost Rs 925.40 as against Rs 787.40 earlier, while the NPPA has capped the price for a 12x210ml glass bottle pack at Rs 454.50. Likewise, a 12x110ml glass bottle pack will be priced at Rs 260.90 and 12x60ml glass bottle pack at Rs 158.28. The move to increase price of the liquid antiseptic formulations manufactured by RB India (formerly known as Reckitt Benckiser India), comes after a protracted court battle. In 2011 the company had challenged the retail price of Dettol fixed by the NPPA before the Department of Pharmaceuticals (DoP). In August last year, DoP had issued a review order for the ceiling price fixed for Dettol. Last month, the Delhi High Court had ordered to NPPA to implement the order of DoP. Commenting on its step, NPPA said it was in implementation of directions given by the Delhi High Court in order on September 30, 2014. The matter has been reconsidered and re-examined by the NPPA in line with review order passed by the Department of Pharmaceuticals...dated 1.8.2013," it said. Comments from the company could not be obtained.

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