The Minister had earlier asked the State governments to take strict action against anyone found indulged in black marketing or hoarding of Remdesivir.
The government’s decision to waive off customs duty on antiviral drug Remdesivir would help in augmenting the supply of the medicine in the wake of soaring COVID-19 cases in the country, Chemicals and Fertilizers Minister Sadananda Gowda said on Wednesday.
The government on Tuesday waived off all customs duty on imported Remdesivir injections and the drug’s active pharmaceutical ingredients (API) in order to boost supplies.
There is already a ban on the export of the Remdesivir injection from the country. “Considering the immediate requirement on the recommendation of the Department of Pharmaceuticals, the Department of Revenue has reduced customs duty on #Remdesivir and its API/KSM. This step will further augment domestic availability of Remdesivir injection,” Mr. Gowda said in a tweet.
Customs Duty on Remdesivir has been waived off - New Delhi Times - India s Only International Newspaper
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India afronta crisis de suministros en medio de recórd de contagios por COVID
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Remedieswear prices cut on government intervention: industry bodies
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Pharmaceutical companies have reduced the price of Remedisvir Injection.
New Delhi:
The National Pharmaceutical Pricing Authority (NPPA) said on Saturday that pharmaceutical companies have lowered the price after government intervention to increase the availability of Remedisvir injections used in the treatment of COVID-19.
Pharmaceutical companies such as Cadila Healthcare, Dr. Reddy’s Laboratories and Cipla have cut prices of their brand’s Remedisavir Injection (100 mg / vial). The antiviral drug is used in the treatment of COVID-19.
Union Chemicals and Fertilizers Minister Sadanand Gowda praised the decision taken by the pharmaceutical companies.