This story is from July 22, 2020
Our drug priced lower, Glenmark says in defence
MUMBAI: Mumbai-based
In a response to DCGI seeking clarification on the pricing and claims on Covid-19 drug, the company said both — clinical trials and restricted use approval, were preceded by multiple dialogues, deliberations and consideration before the Subject Expert Committee, constituted by Ministry of Health & Family Welfare.
The price of Favipiravir (200 mg) tablet is Rs 600 in Russia, Rs 378 in Japan, Rs 350 in Bangladesh and Rs 215 in China. (*Currency rates in respective countries equivalent to Indian rupee). Recently, Glenmark lowered the price of FabiFlu to Rs 75 from Rs 103 per tablet.
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Glenmark
defended the pricing to the drug regulator of itsCovid-19
drug, FabiFlu (Favipiravir) on Tuesday, saying it’s lower as compared to other countries, and as against therapies approved under ‘emergency use
’.In a response to DCGI seeking clarification on the pricing and claims on Covid-19 drug, the company said both — clinical trials and restricted use approval, were preceded by multiple dialogues, deliberations and consideration before the Subject Expert Committee, constituted by Ministry of Health & Family Welfare.
The price of Favipiravir (200 mg) tablet is Rs 600 in Russia, Rs 378 in Japan, Rs 350 in Bangladesh and Rs 215 in China. (*Currency rates in respective countries equivalent to Indian rupee). Recently, Glenmark lowered the price of FabiFlu to Rs 75 from Rs 103 per tablet.
Stay updated with the latest news on Times of India. Don't miss daily games like Crossword, Sudoku, and Mini Crossword.
Top Comment
Robie Shoby
1610 days ago
"Dexamethasone' has proved the most effective among all the drugs & prevents patients with pneumonia like symptoms to go into ventilator support/death.The long UK based study validates that.Now Japan has started this treatment.In India it cost just Rs. 10/-for the whole 10 day treatment.API for this steroid is abundantly available all over the world.Why is the IMA/ICMR behaving as if this drug does not exist at all?Read allPost comment
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