(a) whether a large number of formulations have two ceiling prices based on bulk drug from basic stage or otherwise; and
(b) if so, the details and the reasons therefor?
(a) whether a large number of formulations have two ceiling prices based on bulk drug from basic stage or otherwise; and
(b) if so, the details and the reasons therefor?
THE MINISTER OF CHEMICALS AND FERTILIZERS AND MINISTER OF STEEL (SHRI RAM VILAS PASWAN):
(a) and (b) As per para 9 of the Drugs (Prices Control) Order 1995, (DPCO` 95) the Government
may from time to time, by notification in the Official Gazette fix the ceiling price of a
Scheduled formulation in accordance with the formula laid down in paragraph 7 of DPCO` 95,
keeping in view the cost or efficiency, or both, of major manufacturers of such formulations
and such price shall operate as the ceiling sale price for all such packs including those
sold under generic name and for every manufacturer of such formulations.