FIR on pharma firm for loss of Rs 6cr

The Mumbai city economic offences wing (EOW) has filed an FIR against Mylan Laboratories and others for supplying BMC Remdesivir vials at an inflated rate, resulting in a loss of Rs 5.96 crore. The BMC had issued tenders for procuring the antiviral drug during the Covid-19 pandemic. The first tender was for 40,000 vials at Rs 650 per vial, but only 31,000 vials were supplied. The second tender, for 2 lakh vials, was given to the same company at a higher price of Rs 1,568 per vial. The EOW is investigating the remaining vials and the total amount paid to the supplier.

The city economic offences wing (EOW) has registered an FIR against Mylan Laboratories and others for supplying BMC Remdesivir vials during Covid pandemic at an inflated rate, resulting in a loss of Rs 5.96 crore.

Owing to a surge in Covid-19 cases in the city, BMC had floated tenders in 2021 for procuring injections of antiviral drug Remdesivir.

As per the first tender given to the company, it was to supply 40,000 vials, at a cost of Rs 650 per vial. However, it supplied only 31,000 vials.

“The supply of the first order was not even completed by the supplier and second tender order, for 2 lakh vials, was given to the same company. This time, price of a vial was Rs 1,568. Duration between the two orders was just two weeks. Moreover, BMC received only 65,000 vials in the second order,” said the officer. EOW is probing about remaining vials and total amount was paid to the supplier.

EOW is also probing why there was so much difference in prices within two weeks.
On July 28, EOW registered four preliminary enquiries in connection with alleged irregularities over spending by BMC during the Covid pandemic. The FIR regarding alleged financial irregularities in the purchase of Remdesivier injection at an exorbitant price was one of these enquiries.

Related Posts

Gleneagles BGS Hospital honours donor families with India’s largest organ donation recognition wall

Gleneagles BGS Hospital, Kengeri, Bengaluru, part of the Fortis Healthcare Network, marked World Organ Donation Day with its annual commemorative event, ‘A Legacy That Lives On.’ The event brought together…

NCB Uncovers Pharmaceutical Fentanyl Diversion Racket in Rural Punjab; Over 18,000 NDPS Drug Units Seized

Punjab: The Narcotics Control Bureau (NCB) has uncovered an alleged pharmaceutical-drug diversion network operating through rural areas of Punjab. Investigators are tracing the movement of fentanyl and other drugs regulated…

Leave a Reply

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

You Missed

Gleneagles BGS Hospital honours donor families with India’s largest organ donation recognition wall

Gleneagles BGS Hospital honours donor families with India’s largest organ donation recognition wall

NCB Uncovers Pharmaceutical Fentanyl Diversion Racket in Rural Punjab; Over 18,000 NDPS Drug Units Seized

NCB Uncovers Pharmaceutical Fentanyl Diversion Racket in Rural Punjab; Over 18,000 NDPS Drug Units Seized

Sun Pharma will Need HC Nod for Semaglutide Tablet Launch

Sun Pharma will Need HC Nod for Semaglutide Tablet Launch

Bombay HC tells Maharashtra FDA to be ‘judicious’ after Cadila challenges order to ban sale of some medicines

Bombay HC tells Maharashtra FDA to be ‘judicious’ after Cadila challenges order to ban sale of some medicines

‘Erring pharma companies’: Over 1,000 cough syrup manufacturers undergo intense audits

‘Erring pharma companies’: Over 1,000 cough syrup manufacturers undergo intense audits

Maharashtra FDA permanently cancels Pune-based pharma firm’s license over six contaminated medicines, GMP lapses

Maharashtra FDA permanently cancels Pune-based pharma firm’s license over six contaminated medicines, GMP lapses