DCA Seizes Overpriced Icone-200 Capsules From A Medical Store At Quthbullapur
Hyderabad, July 23 (Maxim News): During raids carried out on July 22 and 23, the Drugs Control Administration (DCA) officials seized ICONE-200 capsules (Itraconazole capsules 200 mg) at a medical shop in Quthbullapur village, Medchal-Malkajgiri district.
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The capsules are under price control as per Drugs (Prices Control) Order-2013 and the price should be by the ceiling price fixed by the National Pharmaceutical Pricing Authority (NPPA), Government of India.
The seized capsules bear an MRP of Rs. 441.24 for 10 capsules i.e. Rs. 44.12 per capsule, on the label of the product which is a violation of the Drugs (Prices Control) Order, 2013.
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The ceiling price fixed by the Central government including the Wholesale Price Index (WPI) for the product “Itraconazole Capsules 200 mg” is Rs. 22.12 for one capsule, a press release from the DCA said. As such, the Maximum Retail Price (MRP) i.e. including GST 12 percent should not be more than Rs. 24.77 for one capsule. The firm overpriced the product and charged an excess of Rs. 193.5 for 10 capsules.
E.thirupathi, Drugs Inspector, Quthbullapur, and L.Srikanth, Drugs Inspector, Gajularamaram carried out the raid under the supervision of Dr. M.vijay Gopal, Assistant Director, Quthbullapur.
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Further investigation would be carried out and action taken as per the law against all the offenders. The prices of Essential Medicines should be by the ceiling prices fixed by the Central Government and overpricing will result in stringent action as per the law.
The DCA Director General, V.B.Kamalasan Reddy said the public may report any complaints regarding illegal activities concerning medicines through the Drugs Control Administration, Telangana, on toll-free number 1800-599-6969, which is operational from 10.30 am to 5 m on all working days. (Maxim News)