Hyderabad, May 27 (IANS) Telangana’s Drugs Control Administration has suspended the licenses of six wholesalers for 30 days for illegal procurement of insulin injections, it was announced on Monday.
The DCA said that this licence suspension is due to their illegal procurement of insulin injections (pre-filled pens) without purchase bills. The regulator has also initiated prosecution proceedings against the wholesalers.
DCA Director General V. B. Kamalasan Reddy said during raids conducted from March 15 to March 20 at six medical distributors in Hyderabad, DCA detected that insulin injections, sourced from New Delhi without purchase bills, were being sold at substantial discounts of more than 40 per cent by these wholesalers.
Drug Hub, Sree Thirumala Pharma, Shree Paras Medical Agencies, Sri Ganesh Pharma Distributors, Sree Raja Rajeshwara Distributors, and Sri Balaji Agencies are the wholesalers whose licenses have been suspended.
During these special raids, DCA officials seized stocks worth Rs 51.92 lakh, which were illegally procured from Delhi and are suspected to have been illegally diverted from the supply chain, the DG said.
Procuring medicines illegally without purchase bills is a violation of the Drugs and Cosmetics Act, 1940. Illegal procurement of medicines without purchase bills is deemed fraudulent primarily because it involves health and safety risks and tax evasion.
The DCA, in addition to launching prosecution against the wholesalers, has taken stringent departmental action by suspending their drug licenses for 30 days, he added.
–IANS
ms/vd
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by TodayIndia.news and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of TodayIndia.news We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, TodayIndia.news takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
