Volume : V, Issue : X, October - 2016

COST VARIATION ANALYSIS OF BETA BLOCKERS USED FOR CARDIOVASCULAR MEDICINE AVAILABLE IN INDIAN MARKET: AN ECONOMIC PERSPECTIVE

Prakash Kumar, Nidhi Singh, Manoj Kumar, Ashok Kumar Sharma

Abstract :

 Beta blockers are commonly used drugs in day to day cardiology practice. In India different spharmaceutical companies manufacture same formulation of drugs under different and names and huge price variation exists between each ands. Cardiovascular diseases are chronic condition and patients need long term treatment to sustain a quality life. In these scenario costly medicines puts economic burden on the patients and the health care system. Aim:is to evaluate the cost of commonly used Beta blockers in cardiology practice of different and names of one compound and the difference in cost of different ands of the same active drug by calculating percentage variation of cost. Methods:Cost of a particular beta blocker in the same strength and dosage forms being manufactured by different companies was obtained from latest “Current Index of Medical Specialties”, “Indian Drug Review”, MonthlyIndex of Medical Specialtiesand Drugs monitor. Percentage variation in cost is calculated. Results: Percentage variation of costis highest in case of 50mg Metoprolol tartare = 871.43% and in combination drug highest variation is of Atenolol + Amlodipine (50 + 5 mg) = 673.79%.Out of 36 single formulations 26 and out of 46 combinations 20 show more than 100% variation in cost. Conclusion: In developing countries like India where most of the patients pays for health care themselves prescribing costly anded drug in place of their cheaper economic counterpart generic drug; put additional economic burden to the patients and their families. Appropriate steps must be taken by the regulatory authorities and health care giver must take active part, to overcome this situation with better knowledge, aptitude and practice of rational prescribing

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Article: Download PDF   DOI : 10.36106/ijsr  

Cite This Article:

Prakash Kumar, Nidhi Singh, Manoj Kumar, Ashok Kumar Sharma COST VARIATION ANALYSIS OF BETA BLOCKERS USED FOR CARDIOVASCULAR MEDICINE AVAILABLE IN INDIAN MARKET: AN ECONOMIC PERSPECTIVE International Journal of Scientific Research,Volume : 5 | Issue : 10 | October 2016

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