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Phenergan with codeine price Phenergan 25mg $149.8 - $0.42 Per pill hike, India's largest pharma company is trying its luck on the US market but has hit a roadblock with the state of New York. Mylan India (MYL) has had a very bad time with US regulators because of its pricing policy with oxycodone, codeine and hydrocodone. The company recently raised price of three medicines, by as much 50%, but they were still not in the price range that could keep people from going to hospitals. On Wednesday, New York Attorney General Eric Schneiderman filed a letter with the Office of New York State Attorney General, saying that "the price of its products have risen by some 500% in the last decade." company will be seeking a waiver (meaning reduction in the price) to avoid prosecution from the state of New York. New York state does not have a price cap; but the attorney general argues that its action will help it make the case against company's practice of selling medicines at extremely high prices. Also Read: India-born Ranbaxy chemist convicted of smuggling "While the Attorney General does not comment on ongoing litigation, we hope that a waiver of prosecution helps resolve Mylan's price problems and prevent a negative experience for New York hospitals," said Attorney General Eric Schneiderman in a statement. The office's complaint will also be filed with the National Association of Attorneys General (NAAG). It's a big move against Indian pharma company, but it's the first by New York against a US firm. This is first of its kind, and comes as part of a coordinated response to drug pricing that took place in December (NAACP) by some other states. Mylan India responded to the action at US Securities and Exchange Commission (SEC) by suspending the listing of MNC shares. company claims their listing will not happen until they can determine with certainty that they will not be charged with violation of SEC regulations. Also Read: Ranbaxy whistleblower claims Rs1,900-crore 'fraud' While the US is biggest market for Ranbaxy, the company is also battling Indian government. India has alleged that overcharging for various drugs have been made by Ranbaxy Pharmaceuticals (RANBKY), a company once run by the drug company's then CEO Ashok Khemka. Also Read: Ranbaxy scandal: Top lawyers to join SC bench against Ranbaxy "I have been trying for the last six months to bring the [Indian] government its senses — that if they don't take action against Ranbaxy that it will cause serious injury to the US industry," Khemka said last week. The company has said that it is fighting in the US for its right to sell products at a competitive rate and its right to sell in the entire US market at $70. "At this time Mylan is a global company that sells our products across the globe," Rana Kapoor, CEO of Ranbaxy, said in an interview last week. "We stand firm and will take the matter all way through US and will not permit any government to stifle the market of generic medicines in India." The Attorney how much does phenergan with codeine cost General's actions could be the first time that US government acts in response to Indian pharmaceutical industry when foreign companies are under scrutiny in this country. India, the regulatory system is far from developed. Some states and the Ministry of Pharmaceuticals & Providers have the task.
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