Artificial scarcity of drugs put dealers in a spot

Published - August 01, 2013 12:29 am IST - KOCHI:

Drug dealers in the city are in a spot because of the artificial scarcity of medicines under the new drug pricing regime.

Ravi S. Menon, Deputy Drugs Controller, told The Hindu , that drug shortage was reported only in certain areas in Kollam and Kottayam. Drug Inspectors were meeting distributors and visiting company depots to verify stocks. Dealers had been advised to courier their orders as other means of delivery would take 15 days.

Mr. Menon said the department had adopted a practical approach to ensure availability of drugs.

While generic drugs were available, there was an artificial shortage of branded drugs, he said. Retailers were being instructed on what medicines can and cannot be sold at the old price. “Certain medicines with different dosage can be sold at the old prices,” Mr. Menon said.

Drug dealers told The Hindu that the Drugs Control Department’s approach was pragmatic. In Thrissur, the Assistant Drug Controller met 3,000-odd drug licensees and told them how to prevent artificial shortage of drugs.

A.N. Mohan, a drug dealer from Thrissur, said the department issued a circular to ensure availability of medicines. The circular said carrying and forwarding agents who did not receive the new stock had to provide the existing stock to the wholesaler at the new ceiling price. The retailer would be billed accordingly with a stamp. Retail licensees have been requested to ensure drugs are sold on the ceiling price notified under the Drug Price Control Order 2013.

Mr. Mohan said since the department was willing to help the retailer to get credits from drug companies for incurring losses by selling notified drugs at new prices.

Dada Pharma, a major drug wholesaler here, has received about 90 per cent of the new stock. “It takes time to reach some of the interior areas. Some retailers are picking it up from here,” said Dada Pharma director J.S. Bhati.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.