July 18, 2024

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Pharma firms cut Remdesivir injection prices on govt intervention: NPPA

Rates of remdesivir injection have been voluntarily curtailed by many drug businesses on the intervention of the authorities, Countrywide Pharmaceutical Pricing Authority (NPPA) stated on Saturday.

Drug businesses like Cadila Health care, Dr Reddy’s Laboratories and Cipla have minimize the selling prices of their respective models of remdesivir injection (100 mg/vial). The antiviral drug is employed in the cure of Covid-19.

“Due to the government’s intervention, the value of #Remdesivir Injection is now diminished! I am grateful to pharmaceutical businesses for joining arms with the Govt to combat towards Covid-19 Pandemic,” Union Minister of Condition for Substances and Fertilisers Mansukh L Mandaviya tweeted.

According to the information shared by the NPPA, Cadila Health care has diminished the value of its REMDAC (Remdesivir 100 mg) injection to Rs 899 from Rs 2,800 previously. In the same way, Syngene Global has minimize the value of its brand name RemWin to Rs 2,450 from Rs 3,950 previously.

Hyderabad-based Dr Reddy’s Laboratories has minimize the value of REDYX, which employed to charge Rs five,400 previously to Rs 2,seven hundred now. In the same way, Cipla has reducedP of its CIPREMI brand name to Rs 3,000 from Rs 4,000 previously.

Mylan has also diminished the value of its brand name from Rs 4,800 to Rs 3,400. In the same way, Jubilant Generics has minimize the value of its remdesivir brand name to Rs 3,400 from Rs 4,seven hundred previously.

Hetero Health care has also minimize the value of its brand name COVIFOR from Rs five,400 to Rs 3,490 now.

(Only the headline and picture of this report may possibly have been reworked by the Small business Regular personnel the rest of the material is automobile-produced from a syndicated feed.)

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