Price variation analysis of various drugs used for thromboembolic disorders currently available in Indian pharmaceutical market
Journal Title: International Journal of Research in Pharmacology & Pharmacotherapeutics (IJRPP) - Year 2019, Vol 8, Issue 2
Abstract
Background Major population in developing countries purchases medicine through out-of-pocket payment thus making them the largest family expenditure item after food. As a result, medicines are unaffordable for large sections of the global population and a major burden on government budgets. In developing country India, price of drugs play a major role in prescribing a drug for treatment. Methods An analytical study was done for comparing price variations among various drugs prescribed in thromboembolic disorders. Indian Drug Review (IDR) (January 2019) and CIMS (October December 2018) was referred to know the maximum and minimum price in INR of drugs in all available strength and dosage forms being manufactured by different companies in India and percentage price variation was calculated. Results Wide variation in the price of several brands of same anticoagulants, fibrinolytics, antiplatelets and their combinations were found in Indian pharmaceutical market. Highest percentage price variation was found for Aspirin 150 mg + Clopidogrel 75 mg Tablet (741.03%) combination. Percentage price variation is >100% for all the different combinations of aspirin + clopidogrel. In single drug, highest percentage price variation was found for Aspirin 100 mg Tablet (435.13%) followed by Aspirin 75 mg Tablet (403.78%), Clopidogrel 75 mg Tablet (275%), Aspirin 50 mg Tablet (221.96 %). In single drug, lowest percentage price variation was found for Eftifibatide 20mg/10 ml injection (1.15%) followed by Tirofiban 5mg/100 ml injection (2.63%), Warfarin 5 mg Tablet (3.23%). Conclusion Steps should be taken by the government towards reduction in price variation among the various brands so as to them affordable and aim to improve the health status of community. This will definitely reduce the economic burden on government. The purpose of “Health for all” can only be achieved by efforts from all stakeholders.
Authors and Affiliations
Neeta J. Kanani
Keywords
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