Rising prices for raw materials, transport and packaging make medicines expensive

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Aurangabad, November 27:

In the shadow of rising inflation, including the prices of fuel and gasoline, paracetamol and anti-pneumococcal drugs, which are used as raw materials in all types of pills and syrups, have become 30-40 % more expensive, while some drugs for diabetes and heart disease and high blood pressure become 5 to 8 percent cheaper.

Imports and exports remained closed for several months. The situation has not improved in many countries. The huge increase in container and shipping tariffs also affected all imports. Aurangabad district has a large number of pharmaceutical factories. These factories need paracetamol and pneumococcal drugs as raw materials for the drugs they manufacture. The country must depend on China for its imports.

After the corona, the availability of these raw materials declined and the prices of the available products skyrocketed. In India, the price of fuel has risen to Rs 110. Freight services have become 10% expensive. Likewise, packaging materials have become more expensive by 20%. As a result, drug prices have increased by 30 to 40 percent. But as heart disease and diabetes drugs come under a Drug Price Control Order (DPCO), they have become cheaper. However, medicines for colds, fever, coughs, headaches and body aches have become expensive.

Government should cut the GST on drugs

Drug prices have increased by 30 to 40 percent due to the dramatic increase in transportation and packaging costs. Meanwhile, the government must reduce the GST on drugs and the MRP on generic drugs. So that the drug can become cheaper, said members of the association of chemists and drug addicts.

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