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New Delhi: Amid rising demand for medical oxygen which is important in remedy of average to extreme Covid-19 sufferers, the pharmaceutical pricing regulator has capped the value of medical oxygen cylinders and liquid medical oxygen (LMO) for six months to make sure availability of medical oxygen at steady charges.
While issuing the order, the National Pharmaceutical Pricing Authority (NPPA) stated the excessive worth of LMO was impacting operational viability of fillers, making a provide scarcity. The demand for medical oxygen has elevated as much as virtually 4 occasions from 750 MT per day to round 2,800 MT per day after the the Covid outbreak. Around 6% of round 9.6 lakh at the moment “active” Covid circumstances want oxygen assist.
Many states are depending on the medical oxygen provide from different states. NPPA has fastened the ex-factory worth of LMO at producers finish at Rs 15.2 per cubic metre unique of GST; and additional capped the ex-factory price of medical oxygen cylinder at filler finish at Rs 25.7 per cubic metre (once more unique of GST) in suppression of the prevailing ceiling worth of Rs 17.49 per cubic metre, topic to transportation price fixation at state degree, for six months.
“It is informed that due to increase in price of LMO being supplied to filler, the margins for them have been squeezed and are impacting their operational viability. Due to excess demand, delivery through cylinders has increased from 11% pre-Covid to 50% of current oxygen supply. It is therefore, imperative to cap price of LMO to ensure uninterrupted availability of Medical Oxygen though cylinders to the hospitals and consumers,” the order stated. The authorities has stated there isn’t any scarcity of provide however the variation in circumstances signifies that there is perhaps localised calls for.
The resolution is predicated on suggestions of an Empowered Group of Secretaries trying into points associated to availability and pricing of oxygen.
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