National Pharmaceutical Pricing Authority slashes vitamin C prices by up to 33%

The country's drug price controller has slashed the price of Vitamin C bulk drug by as much as a third, offering relief to patients but raising concerns among some drug makers that it may become unviable for them to market the product. 

The National Pharmaceutical Pricing Authority reduced the price of Vitamin C plain by 33% to 409 a kg and Vitamin C coated by 30% to 419 a kg. The price of its derivative, sodium ascorbate, has been cut by 27% to 469 a kg. The new prices will be valid for three years.

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