‘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

  • Pharma
  • November 13, 2024
  • 106 views
Telangana To Set Up Four New Drug Testing Labs

Hyderabad:  Health Minister C. Damodar Rajanarasimha chaired a high-level review meeting on Tuesday with officials from the Drug Control Administration (DCA) and the Telangana Medical Services and Infrastructure Development Corporation…

  • Pharma
  • November 13, 2024
  • 115 views
India Needs To Expand Local Vaccine Manufacturing, Research: GTRI Report

New Delhi:  India needs to expand its local vaccine manufacturing and research to give better control over safety of these pharma products, think tank GTRI said on Monday. The Global…

Leave a Reply

Your email address will not be published.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

You Missed

Telangana To Set Up Four New Drug Testing Labs

Telangana To Set Up Four New Drug Testing Labs

India Needs To Expand Local Vaccine Manufacturing, Research: GTRI Report

India Needs To Expand Local Vaccine Manufacturing, Research: GTRI Report

Punjabi Singer Chhinda Was Running The Fake Medicine Factory In Mohali, Three Luxury Cars Recovered

Punjabi Singer Chhinda Was Running The Fake Medicine Factory In Mohali, Three Luxury Cars Recovered

2400 Banned Cough Syrup Bottles Recovered, 2 Arrested

2400 Banned Cough Syrup Bottles Recovered, 2 Arrested

A Global Scientist coaxes Haryana to be The Change to cope with Air Pollution

A Global Scientist coaxes Haryana to be The Change to cope with Air Pollution

Scientist Treated Her Own Cancer With Viruses She Grew In The Lab

Scientist Treated Her Own Cancer With Viruses She Grew In The Lab