Dolo 650: India's favorite snack!?

Speaking about the need to lay down common rules, the counsel for the petitioner cited various examples and made arguments.

Then the prosecutor mentioned the name of Dolo 650.

Citing media reports, he said there was also an allegation against the Tolo 650 manufacturer of giving freebies worth Rs 1,000 crore to doctors.

The news was published in the media citing a press release of the Income Tax Department dated July 13.

The news report did not mention the name of Micro Labs, but said that the Income Tax department had conducted a raid on a large pharmaceutical company in Bengaluru. It said doctors were given free gifts worth up to Rs 1,000 crore. An investigation is being conducted in this regard.

The PTI news agency identified the company that conducted the test as Micro Labs.

Govind Raju, vice president (business and communications) of the company said, "Dolo 650 tablet was not mentioned in the case heard in the supreme Court. The allegations are baseless."

350 crore rupees was earned by the sale of Dolo 650 tablets during the corona pandemic. But it is absurd to say that we spent 1,000 crore rupees in marketing it. Think for yourself how a company can spend Rs 1,000 crore in a year when it has a revenue of Rs 350 crore," he said.

He also said, "The price of Dolo 650 is fixed in india as per the regulatory rules. It is wrong information that we are not under the price control regulation. We have not increased the price beyond what the government has recommended. The price of a pill has remained at Rs. 2 for many years. The same price is still being sold." ,.

And he said. "During the Corona period, the raw materials for the production of the drug data-faced a steep price hike. Even then, we ensured that the pill was available to the public and sold without shortage and the price did not increase. The pill was mentioned in the inquiry because of its popularity," he said.

ICMR for corona treatment It is true that the prices of the listed pills went up at that time. Prices of all medicines have gone up.

Govind Raju admitted that the Income Tax Department had conducted a search in his company last July and said that the Income Tax Department had checked their company documents for many years. He said that the alleged expenditure of Rs 1,000 crore on marketing was not for one year but for several years.

However, he did not disclose how many years the account was for.