New Delhi, Nov 20: National Pharmaceutical Pricing Authority has slashed the price of bulk drug Vitamin A and its derivatives. The price of Vitamin A palmetate 1.7/1.0 miu/gm has been reduced to Rs 2,452 per 1,000 miu from Rs 3,178 per 1,000 miu, vitamin a acetate 1.0 miu/gm to Rs 2,561 per 1,000 miu from Rs 3,136 per 1,000 miu and vitamin a acetate 0.5 miu to Rs 3,421 per 1,000 miu from Rs 4,146 per 1,000 miu, an official release said here today.
The price revision, which is done after conducting the cost price study, would be effective within 15 days from the date of notification of the official gazette, it said.
"All the manufacturers of the formulations utilising the drug in their scheduled formulations are advised to follow the provisions of DPCO with regard to pricing of the derivative formulations," the release said.

Pharmaceutical major nicholas piramal is the only known manufacturer of the drug in the country, it added.
Bureau Report