NPPA REVISES THE CEILING PRICES OF EIGHT SCHEDULED DRUGS
News: NPPA has approved increase in the ceiling prices of eleven (11) scheduled formulations of eight (8) drugs by 50% of their current ceiling prices. The drugs indicated are used for treatment of Asthma, Glaucoma, Thalassemia, Tuberculosis, mental health disorders, etc.
Views: Pharmaceutical companies like Alembic, Lupin, Cipla, Novartis India etc. who manufacture these drugs, may see some improvement in margins and profitability due to the higher NPPA-approved ceiling prices. However, since these regulated medicines do not represent a significant portion of their overall revenue, the impact on their financial performance is likely to be limited.
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