‘Overpriced’ Antifungal Drug Seized In Kothagudem

Hyderabad: As part of stepped-up surveillance against overcharging of essential medicines, the Drugs Control Administration (DCA), Telangana, officials have seized ‘overpriced’ antifungal drug ‘GRISOLAB-250’ Griseofulvin tablets-250 mg during a surprise check in Kothagudem on Tuesday.

The worth of the stock seized during the raid is ₹4,095, according to a press release. The seized product, manufactured by Laborate Pharmaceuticals India Ltd, Himachal Pradesh, and marketed by Gpp Axalade, Salwan, Haryana, bears MRP as ₹65 for 10 tablets on the label of the product, which is a violation of Drugs (Prices Control) Order, 2013, the press release added. The ceiling price fixed by the Central government for the product ‘Griseofulvin tablets-250 mg’ is ₹17.7 for 10 tablets. Hence, the MRP i.e., including GST 12% should not be more than ₹19.83 for 10 tablets.

However, the pharmaceutical firm ‘overpriced’ the product. A strip of tablets has been charged excess of ₹45.17 per 10 tablets. Further investigation into the matter is underway and action will be taken against all the offenders as per the law, the DCA officials said.

In a separate incident, the DCA sleuths raided a medical shop named ‘Amaan Medical and General Stores’ allegedly operating without drug licence at Jaklair village in Narayanpet district. The officials seized an unauthorised stock of medicines including antibiotic injections, IV fluids, analgesics, antihypersensitive drugs and cough syrups worth ₹ 1.20 lakh. Further investigation is in progress.

Related Posts

World’s First Malaria Treatment for Newborns and Young Infants Receives WHO Prequalification

New Delhi– In a landmark development for global child health, the World Health Organization (WHO) has granted prequalification to Coartem® Baby (artemether-lumefantrine), the first and only antimalarial medicine specifically developed…

FIR Lodged Against Pharmacist in Chandauli for Working Nearly 10 Years on Forged Documents

Chandauli – In yet another shocking case of alleged fraud in Uttar Pradesh’s health department, an FIR has been registered against a pharmacist for securing and continuing employment for nearly…

Leave a Reply

Your email address will not be published.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

You Missed

World’s First Malaria Treatment for Newborns and Young Infants Receives WHO Prequalification

World’s First Malaria Treatment for Newborns and Young Infants Receives WHO Prequalification

FIR Lodged Against Pharmacist in Chandauli for Working Nearly 10 Years on Forged Documents

FIR Lodged Against Pharmacist in Chandauli for Working Nearly 10 Years on Forged Documents

Laughing all the Way to Health with Sir Ganga Ram Hospital

Laughing all the Way to Health with Sir Ganga Ram Hospital

Semaglutide generics ‘stimulating’ Obesity market growth, says Eli Lilly’s Patrik Jonsson

Semaglutide generics ‘stimulating’ Obesity market growth, says Eli Lilly’s Patrik Jonsson

Pak-made illegal cosmetics recovered from Itwari shop

Pak-made illegal cosmetics recovered from Itwari shop

Licences of 20 medical stores suspended after inspections

Licences of 20 medical stores suspended after inspections