Monday, June 23, 2025
No Result
View All Result
Sun Star TV
Read News in Odia
  • Home
  • Special
  • State
  • Nation
  • World
  • Business
  • Education
  • Sports
  • Culture
  • Entertainment
  • Lifestyle
  • Health
  • Food
  • Technology
  • Politics
  • Tourism
  • Home
  • Special
  • State
  • Nation
  • World
  • Business
  • Education
  • Sports
  • Culture
  • Entertainment
  • Lifestyle
  • Health
  • Food
  • Technology
  • Politics
  • Tourism
Sun Star TV
Od
Home Nation

Govt slashes remdesivir MRP by half, with retro-effect

4 years ago
in Nation
0
Govt slashes remdesivir MRP by half, with retro-effect
0
SHARES
10
VIEWS
Share on FacebookShare on TwitterShare on WhatsApp
FacebookTwitterPinterestLinkedIn

SunstarTV Bureau: Spelling huge relief for lakhs of Covid-19 patients, the government has slashed the prices of the ‘life-saver’ Remdesivir injection by nearly 50 per cent, to MRP Rs 2,450 per injection now, according to official sources.

In a missive late on Friday, the Ministry of Chemicals & Fertilisers, Department of Pharmaceuticals, NPPA – Advisor (Costs) N.I. Chowdhury has ordered all pharma companies to comply with the revised norms with immediate and retrospective effect.

“Based on the Form-V furnished regarding voluntary reduction in Maximum Retail Price (MRP) of Remdesivir, Manufacturers/Marketers of the Remdesivir are hereby directed to implement the revised MRP throughout the distribution chain w.e.f. 15.04.2021, irrespective of the batch numbers,” the stern notification said.

The decision came barely a day after a Maharashtra Barrister Vinod Tiwari demanded that the Centre should immediately bring Remdesivir under the DPCO regime in view of its alleged shortages, blackmarketing and corruption to the tune of over Rs 25,000-crore as the injection is in huge demand in ongoing Covid pandemic second wave. IANS first highlighted the issue exclusively on April 15.

Welcoming the Centre’s move, Barrister Tiwari said that it is good that the government has realized the agony of the millions struggling to get Remdesivir and are compelled to cough out huge amounts from the black markets.

“Now, with the MPR slashed to half and even lesser by some of the companies, people can breathe easy. It will also leash the pharma sector from exploiting the gullible masses in this critical time,” a victorious Barrister Tiwari told IANS.

Sources in the state FDA inform that under the new norms, the pharma companies shall sell even the existing stocks in the market with the revised prices which would hugely benefit the desperate patients or their families, besides the healthcare system.

In his petition to the National Pharmaceutical Pricing Authority (NPPA), a statutory authority under the Drugs Price Control Order (DPCO), Barrister Tiwari had demanded a high-level probe into the “artificial scarcity, hoarding, blackmarketing and misuse of the drug which could run into a racket of over Rs 25,000 crore under the nose of the NPPA,” in the past ten months since the drug was launched after the pandemic was declared.

Incidentally, Maharashtra was the first state to make efforts to bring Remdesivir under the ambit of DPCO, but it was reportedly stonewalled by the Centre and others, he said.

Questioning why the NPPA did not follow its statutory responsibility to bring Remdesivir under the DPCO regime, Barrister Tiwari pointed out that as per the DPCO Act, 1995, issued under the Essential Commodities Act, the Centre is empowered to include any item of medical importance, like Remdesivir currently, within the DPCO list to control its manufacture, stocking, distribution, sale, etc and make it easily available at a reasonable price to the patients.

“The Covid pandemic is the biggest afflicting mankind since 2020 Why did NPPA wait for so long? Who’s responsible and what were the ulterior motives behind the delays?” demanded Barrister Tiwari.

The peititon was sent to Prime Minister Narendra Modi, Maharashtra Chief Minister Uddhav Thackeray, Union Ministers D.V. Sadananda Gowda, Harsh Vardhan, Mansukh Mandaviya, Central Vigilance Commission and concerned departments, seeking a hearing.

In a major fallout, the CVC took prompt note of Barrister Tiwari’s petition and asked him to submit more details, even as the country reels under a ‘shortage’ of Remdesivir with the ‘medical mafia’ playing havoc with patients who need the 6 doses (injections) for Covid treatment.

Barrister Tiwari cited examples of how the pharma companies were fleecing people with their different brands of Remdesivir – Cipremi is sold for Rs 4,000 though it is given to the distributor for barely Rs 1,080+GST, Covifar is sold at Rs 5,400 by the stockist who gets it for Rs 935+GST, Desrem bought for Rs 935+GST but sold at Rs 4,800, Redyx bought for Rs 900+GST but sold to the patient at Rs 5,400.

He termed it as “short-sightedness” on the part of the Centre and the powerful NPPA that when the pharma companies were given the advantage of compulsory export obligations, they could have easily offset the costs domestically and Remdesivir could have been provided either free of cost or at a nominal price to Indian patients, but this was deliberately not done.

(Sources: IANS)

Previous Post

Covid-19 global updates: Cases surpass 140.6 million, deaths exceed 3 million

Next Post

Twitter suffers partial outage, users unable to send DMs

Related Posts

Chief Minister Naveen Patnaik shares Odisha’s achievements on food security at WFP headquarters in Rome
Nation

Chief Minister Naveen Patnaik shares Odisha’s achievements on food security at WFP headquarters in Rome

3 years ago
CAIT RELEASED WHITE PAPER ON E COMMERCE TODAY AT NEW DELHI
Nation

CAIT RELEASED WHITE PAPER ON E COMMERCE TODAY AT NEW DELHI

3 years ago
Naveen Patnaik – A true leader’s hand writing success mantras of Odisha
Nation

BUDGET REACTION OF HON’BLE CHIEF MINISTER

3 years ago
Bhubaneswar awarded in gold category for e-Governance
Nation

Bhubaneswar awarded in gold category for e-Governance

3 years ago
125 Passengers Of Chartered Flight From Italy Test Positive In Amritsar
Health

125 Passengers Of Chartered Flight From Italy Test Positive In Amritsar

3 years ago
Secretary of Ministry of Housing and Urban Affairs meets CMO
Business

Secretary of Ministry of Housing and Urban Affairs meets CMO

4 years ago
Next Post
Turkey’s IT authority imposes ban on Twitter, Periscope and Pinterest

Twitter suffers partial outage, users unable to send DMs

Covaxin production to increase 10 times by September: Union Health Minister

Covaxin production to increase 10 times by September: Union Health Minister

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Currently Playing

ସନଷ୍ଟାର ଟିଭି ର ସଂକଳ୍ପ , ବଦଳିବ ଖବର ପରିବେଷଣ ର ପରିଭାଷା | SUNSTARTV PROMO | #Sunstartv

ସନଷ୍ଟାର ଟିଭି ର ସଂକଳ୍ପ , ବଦଳିବ ଖବର ପରିବେଷଣ ର ପରିଭାଷା | SUNSTARTV PROMO | #Sunstartv

00:01:33

Recent News

Routes May Change, But Relationships Endure: How Bushra Khan Champions Loyalty-Driven Logistics at PPL From handling cargo to cultivating trust, Paradeep Parivahan Ltd. delivers more than just logistics

Routes May Change, But Relationships Endure: How Bushra Khan Champions Loyalty-Driven Logistics at PPL From handling cargo to cultivating trust, Paradeep Parivahan Ltd. delivers more than just logistics

May 13, 2025
Dr. Khalid Khan Is Not Just Scaling Logistics

Dr. Khalid Khan Is Not Just Scaling Logistics

May 13, 2025
Kerala News: Massive landslide in Kerala, death number reaches 36

Kerala News: Massive landslide in Kerala, death number reaches 36

July 30, 2024
Top 10 highest paid CEOs in India, earning crores of rupees

Top 10 highest paid CEOs in India, earning crores of rupees

July 29, 2024
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Developed By Ratna Technology.

© 2020 SunStarTV.

  • Home
  • Special
  • State
  • Nation
  • World
  • Business
  • Education
  • Sports
  • Culture
  • Entertainment
  • Lifestyle
  • Health
  • Food
  • Technology
  • Politics
  • Tourism

© 2020 SunStarTV.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist