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NCDA Denies Involvement in Price Hike of Drugs

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NCDA Denies Involvement in Price Hike of Drugs
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December 14: The Nepal Chemists and Druggists Association (NCDA) has denied its involvement in the price hike of drugs. Issuing a press statement on Monday, the NCDA said that its attention has been drawn towards the news about price hike of the drugs involving the association.

Stating that some information covered in those news reports were false, the association appealed to the media and media persons to disseminate factual news.

"The Drugs Act-2035 BS states that the government of Nepal could consider hiking the price of drugs if needed. The price of 96 types of drugs has been determined accordingly," reads the statement.    

The association also explained that it had been determining the prices of the drugs other than those determined by the government as per the prevailing practice. The association further said that it has been importing the drugs at the price no higher than the MRP determined by the manufacturer and the manufacturing countries.

"The news published about price hike of the drugs was far from reality," said the association thereby appealing to the media and media persons to do thorough research, analysis and studies while disseminating the news about sensitive issues such as drugs.  -- RSS    

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