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Prices of important drugs may be halved as govt set to notify rate caps

Published on Sunday, 30 June 2013 06:57 // ,

Some important painkillers, antibiotics and cancer treatment drugs will see over 50% fall in rates as the government is set to notify price caps for 40 essential medicines on Monday. This will be the third list of price caps announced by the National Pharmaceutical Pricing Authority (NPPA) under the new drug price control order that was enforced last month.While Cetrizine (10 mg tablet), which is a commonly prescribed anti-allergic medicine, will see its maximum price fall by 50% from R3.7 to R1.81 per tablet, painkiller Diclofenac (50mg tablet) will be cheaper by 53% with companies restricted to selling it at R1.95 per tablet or less.Carboplatin, which is used to treat ovarian and lung cancer, will see top companies like Dr Reddy's, Pfizer and Alkem bring down the rate to R789 (for 150 mg injection) a 56% reduction over the current prices.

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