Study on pricing method and price of top selling eight medicines from Nepalese manufacturers
Executive Summary: This cross sectional study was carried out to find out ex-factory and retail price of medicines manufactured by Nepalese pharmaceuticals manufacturers, to compare the price of manufacturers, imported products and international price reported by MSH, to find out the pricing method...
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| Main Authors: | , |
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| Format: | Technical Report |
| Language: | en_US |
| Published: |
Nepal Health Research Council
2013
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| Online Access: | http://103.69.126.140:8080/handle/123456789/291 |
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| Summary: | Executive Summary: This cross sectional study was carried out to find out ex-factory and retail price of medicines manufactured by Nepalese pharmaceuticals manufacturers, to compare the price of manufacturers, imported products and international price reported by MSH, to find out the pricing method of Nepalese industries and compare with other prevailing practices (e.g. Indian pricing control system) and to suggest about price regulation of the medicines Manu facrurers were listed and purposively categorized into three groups
a. WHO-GMP certified industries
b. Industries in process of WHO-GMP implementation
c. Industries with no significant achievement in WHO-GMP implementation
Data on prices of key medicines both local pharmaceuticals and imported product in the market from 101 retailers from Kathmandu, Bhaktapur and Lalitpur districts. National Drug Policy and Drug Acthas provision of price regulation and there is Drug Price Monitoring Committee to advise the GoN to protect the national interest and making drugs available to consumers in affordable prices and determining of prices of drugs imported or manufactured within the country, they are not very effective in achieving the price control. In some cases the actual selling price of the drug was found to be higher than the Maximum Retail Price (MRP). In determining the production cost of the drugs which is the basis for determining the MRP of the drugs there has been considerable variation in the factors. The frequent change in prices of the drugs in the market was found to be guided by different factors which varied from one to another. Looking into the international price of drugs as well there does exist a great variation in high/low ratio of the drug price. |
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