May 18, 2024

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Pharma firms cut Remdesivir injection prices on govt intervention: NPPA

Price ranges of remdesivir injection have been voluntarily curtailed by several drug organizations on the intervention of the govt, National Pharmaceutical Pricing Authority (NPPA) explained on Saturday.

Drug organizations like Cadila Healthcare, Dr Reddy’s Laboratories and Cipla have cut the charges of their respective makes of remdesivir injection (a hundred mg/vial). The antiviral drug is employed in the treatment method of Covid-19.

“Thanks to the government’s intervention, the price of #Remdesivir Injection is now lessened! I am thankful to pharmaceutical organizations for signing up for fingers with the Govt to fight versus Covid-19 Pandemic,” Union Minister of Condition for Substances and Fertilisers Mansukh L Mandaviya tweeted.

In accordance to the information shared by the NPPA, Cadila Healthcare has lessened the price of its REMDAC (Remdesivir a hundred mg) injection to Rs 899 from Rs 2,800 previously. Similarly, Syngene Global has cut the price of its brand RemWin to Rs 2,450 from Rs three,950 previously.

Hyderabad-dependent Dr Reddy’s Laboratories has cut the price of REDYX, which employed to charge Rs 5,four hundred previously to Rs 2,seven hundred now. Similarly, Cipla has reducedP of its CIPREMI brand to Rs three,000 from Rs four,000 previously.

Mylan has also lessened the price of its brand from Rs four,800 to Rs three,four hundred. Similarly, Jubilant Generics has cut the price of its remdesivir brand to Rs three,four hundred from Rs four,seven hundred previously.

Hetero Healthcare has also cut the price of its brand COVIFOR from Rs 5,four hundred to Rs three,490 now.

(Only the headline and photo of this report may perhaps have been reworked by the Company Standard employees the relaxation of the material is auto-produced from a syndicated feed.)

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