(a) whether some medicines producing companies are selling the medicine with
same contents, costly as compared to other companies.
(b) if so, the details and the reasons therefor;
(c) whether any legal action has been taken against such companies; and
(d) if so, the details thereof?
THE MINISTER OF CHEMICALS AND FERTILIZERS & MINISTER OF STEEL( SHRI RAM VILAS PASWAN )
(a) & (d): In accordance with the provisions of the Drugs (Prices Control) Order,
1995, (DPCO’1995) the Government fixes/revises prices of the drugs listed in its First
Schedule and formulations based thereon. In case, there is any violation of the
approved/notified price of a Scheduled formulation, action is taken under the provisions
of the DPCO’1995.
Prices of non-Scheduled formulations are fixed by the manufacturers themselves
keeping in view the various factors like cost of production, marketing/selling expenses,
R&D expenses, trade commission, market competition, product innovation, product quality etc.
The Government takes corrective measures where the public interest is found to be adversely
affected.
All medicines with same contents need not cost the same as the economics of
production differs from one manufacturer to another.