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Just two weeks without supply from China had already pushed up prices of commonly used medicines for manufacturers in Indian markets.Nagpur: People are already paying huge money for specialized drugs for Covid-19, including anti-virals as well as steroids, due to the shortage. But even commonly used medicines like Paracetamol and Ivermectin would have been costlier, if the government of India and the Indian Drug Manufacturers Association (IDMA) had not intervened and maintained the supply chain of raw material for these drugs from China.Just two weeks without supply from China had already pushed up prices of commonly used medicines for manufacturers in Indian markets.China’s national airline ‘Sichuan Airlines’ had suspended all cargo flights to India from April 26 following a surge in Covid cases in India. Due to this, the supply of active pharmaceuticals ingredients (API) was stopped. Anticipating the flight suspension will continue, pharma manufacturers in Nagpur had started buying available stock at high rates from suppliers across India.“The price of Paracetamol surged to Rs900 per kg against Rs350 per kg, and Azithromycin to Rs14,000 against Rs8,500 during the past two weeks,” said a pharma manufacturer in the city. The prices are likely to come down now.Nagpur has many small pharma manufacturing companies, which produce such general medicines in units. About 50 such units are functioning in various parts of the district. The annual turnover of these companies is more than Rs700 crore.Ashok Kumar Madan, executive director of Indian Drug Manufacturers Association (IDMA), revealed that the flight suspension too has been called off by the Chinese government now.“After Pharmaceuticals Export Promotion Council of India, and the IDMA took efforts, it was ensured that flights will come from China with the necessary supply of pharma materials. Flights resumed from Tuesday. We are not expecting any shortage of API in near future,” said Madan. This has saved people from facing major price hikes for commonly used medicines.Maharashtra Registered Pharmacists Association president Kailas Tandale said, “We must be ‘atmanirbhar’ in pharma raw material now. Just a few days of flight suspension, and prices of commonly used medicines increased multifold for manufacturers. We must not depend any more on China patented salts and APIs for pharma manufacturing.“What is the point in buying Ivermectin from Rs15,000 per kg to Rs70,000 per kg, and Doxycycline from Rs6,000 per kg to Rs15,500?” he added.Pharma manufacturer Ranjit Sethi said India was a world leader in the production of API in the 1970s. “Even today, we are called pharmacy of the world. We should stop our dependency on other countries for raw material,” he said.CLOSE CALLAnticipation that China will not supply raw material (APIs) led to multifold rise in prices of many commonly used medicines for manufacturersMethylprednisolone, used in Covid-19, rose from Rs85,000 to Rs2.30 lakh within a weekParacetamol hiked from Rs350 to Rs900 per kgIvermectin rose from Rs15,000 per kg to Rs70,000 per kgDoxycycline from Rs6,000 per kg to Rs15,500Azithromycin from Rs8,500 to Rs14,000Thankfully, prices came down as flights resumed from Tuesday
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