Pharma Cos Loot Patients With Excess MRP On Drugs

Hyderabad : The health activists and people in general have been alleging that the pharma companies are looting the common man and patients in particular by printing very high maximum retail price (MRP) on the medicine strips, because of which the poor patients who are in dire need of medicines are forced to pay excess price to by medicines.

According to Akula Sanjay Reddy, a pharmacy activist and member of Telangana State Pharmacy Council, it is unfortunate that the state and central governments are standing as mute spectators even while the pharma companies are printing very high MRPs on the medicines and selling them to public through their distribution networks and through retail pharmacies.

Citing an example how the pharmacy companies are looting the general public and the patients in particular, the pharmacy activist said that for a patient who is suffering from acidity, the doctors will prescribe him with pantaprazole 40 mg tablets.

When the patient visits the pharmacy outlet to buy the same, a strip of 10 tablets is given with an MRP of Rs. 118 on the strip, that means each tablet costing Rs 11.80 paisa. However, the actual cost of the same 10 tablets is only just Rs.13.15 paisa. At the maximum, the retailer may reduce the cost of may be Rs.10-18 and will sell the strip at Rs. 100. This means clearly the pharma companies are charging the consumers more than Rs. 86.85 paisa on a strip of 10 tablets of pantaprozole.

“This is only a small drop in the big ocean, where the pharma companies which are producing thousands of such medicines are printing excess MRP rates and looting the public like anything. Though the retailers and the distributors may not earn big from the MRP, but the pharma companies are sure to reap big profits by printing high MRP prices on the medicine strips,” observed Reddy.

While it is the responsibility of the state and central governments to put a tab on the excess printing of MRP prices on the medicinal strips, however, it is unfortunate that these governments and their administrative machineries and vigilance officials who are supposed to supervise these issues are deliberately ignoring and letting the pharma companies loot the poor diseased population in the country.

According to health experts, though it is common that any pharma company or dealers and retailers will sell their produce at around 20 per cent profit margins, however, by allowing the printing of MRP prices indiscriminately by the pharma companies without any supervision by a government body, the state and central governments are letting the public get looted by these companies, observed Amruth Rao, a social health activist from Hyderabad.

  • Related Posts

    Two nurses at AIIMS Bhopal booked for giving wrong injection to child cancer patient that caused his death

    The nurses have been booked under BNS Sections 106 and 286 at the Bagsewania police station. While Ms. Sharma allegedly administered the wrong injection, Ms. Gujarati had left the toxic…

    Telangana DCA unearths Rs 70.56-lakh excipient label-tampering scam

    Telangana: In a major enforcement action targeting the pharmaceutical supply chain, the Drugs Control Administration (DCA) in Telangana has busted a sophisticated racket involving the illegal label-tampering and misrepresentation of…

    Leave a Reply

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

    You Missed

    Two nurses at AIIMS Bhopal booked for giving wrong injection to child cancer patient that caused his death

    Two nurses at AIIMS Bhopal booked for giving wrong injection to child cancer patient that caused his death

    Telangana DCA unearths Rs 70.56-lakh excipient label-tampering scam

    Telangana DCA unearths Rs 70.56-lakh excipient label-tampering scam

    ‘Did patients come dancing?’ – Rajasthan minister’s remarks about kidney failure case spark row

    ‘Did patients come dancing?’ – Rajasthan minister’s remarks about kidney failure case spark row

    Price cap on 2 key cancer drugs increased by 50%

    Price cap on 2 key cancer drugs increased by 50%

    Hospitals can’t force patients to buy medicines from their pharmacies: Maha FDA

    Hospitals can’t force patients to buy medicines from their pharmacies: Maha FDA

    IIT Bhubaneswar researchers develop portable device for accurate arsenic detection

    IIT Bhubaneswar researchers develop portable device for accurate arsenic detection