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Prices of 800 essential medicines set to rise from April1

Prices of 800 essential medicines set to rise from April1

In a major development, the National Pharmaceutical Pricing Authority (NPPA) has announced a hike in prices of around 800 essential drugs from 1 April. The rise in drug prices works out at around 10.76% based on the Wholesale Price Index (WPI) data. Now the prices of medicines used to treat fever, infections, heart diseases, high blood pressure, skin diseases and anaemia will increase. This includes drugs like Paracetamol, Phenobarbitone, Phenytoin Sodium, Azithromycin, Ciprofloxacin Hydrochloride and Metronidazole.

The drugs which are included in the National Essential List of Medicine (NELM) such as antibiotics, anti-inflammatory drugs, ear-nose and throat medicines, antiseptics, painkillers, gastrointestinal medicines and antifungal medicines among others will see a sharp increase in prices. The pharmaceutical industry welcomed the government’s decision stating that this 10% hike in scheduled drugs is after many years.

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