Medicaloid
Pharmaceutical

Generic drugs to be sold at low prices

Hyderabad: The state health department will sell branded generic medicines labelled as ‘Telangana Government Supply’ in specific state-owned pharmacies at government hospitals at low prices.

The Telangana State Medical Services and Infrastructure Development Corporation (TSMSIDC) supplies around 600 different types of medicines to all government hospitals at a cost of Rs 200 crore. Of these, around 300 medicines are for use during emergencies. As the prices of these drugs are finalised through global tenders, the rates are high.

Though there are 168 pharma companies in the city, only 10 companies supply the drugs to TSMSIDC. Sources said that the state government is planning to hold a meeting with the pharma companies and producers of generic medicines. They said that the reason behind several firms not selling drugs to government agencies are stringent rules and the fear of being blacklisted.

The idea behind the state’s move is to reduce the margins kept by retailers and other agencies. “If we begin the supply at the generic drug stores, the overhead cost of at least 30% drugs will be cut when they are sold to public,” MD, TSMSIDC, Chandrasekhar Reddy said.

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