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Telangana DCA cancels licenses of six Hyderabad wholesalers for illegal insulin trade

Content Editor: Dr. Manu

June 3, 2024 at 6:00:00 PM

Drugs, Illegal Drug Trade, Drugs and Cosmetics Act

Content Editor: Dr. Manu
  • The Telangana Drug Control Administration (DCA) has taken a decisive step by canceling the licenses of not one, not two, but six wholesale dealers in Hyderabad. 

  • These dealers were found to be involved in the illegal procurement and sale of insulin injections, a shocking discovery made during raids carried out from March 15-20. 

  • Stocks worth a staggering 51.92 lakhs were also seized, underscoring the magnitude of this illegal activity.

  • These injections were procured from New Delhi without purchase bills and sold by wholesalers at 40% or more discounts.

  • This act violates the Drug and Cosmetics Act of 1940, as procuring drugs without purchase is deemed fraudulent, as the quality, authenticity, and safety of the medicines can’t be verified.

  • Further, a lack of purchase bills is deemed tax evasion as accurate revenue reporting with the purchase and sale of medicines is also not available.


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