Examples of Proprietary medicine in a sentence
Proprietary medicine makers often chose not to submit applications for their products because submission required disclosure of a product’s ingredients.Many proprietary medicine firms did not want to reveal this information for fear of imitators.
Proprietary medicine makers also marketed their products as a means to improve one’s quality of life, rather than cure a specific ailment, using terms like “soothing syrup,” “sleep aid,” and “masculinity builder”.
Oushadhi also get support from reputed organizations like KFRI, TBGRI, Government Ayurvedic Research Centre, SC/ST Federation, whole sale dealers of raw material etc.Various categories of products are manufactured by Oushadhi including Asavams & Arishtams, Bhasma Sindhooram, Gulika & Tablets, Kashaya & Sooksham Choornam, Lehyams & Ghrithams, Liquid Kashayams, Medicated Oil (Thylam) and Patent & Proprietary medicine.
Excise duty for all narcotic drugs, drugs containing alcohol, Patent and Proprietary medicine is 16% ad valorem.Every year newer drugs are added to the list which makes it difficult to manufacture and market the products with cost competitiveness at par with MNCs. The National List of Essential Medicines 2003 as well as the WHO List of Essential Medicines mentions 27 categories of drugs.
Original documents should be produced when demanded for verification.16The Authorized Distributor should upload Authorization letter As per Annexure -XIV17Proprietary Article Certificate issued by competent authority.(In case of Proprietary medicine).
Notarized Undertaking as per format in -Annexure XIII(On Company’s Letter Head) will have to be submitted by the bidder claiming EMD exemption.16Proprietary Article Certificate issued by competent authority.(In case of Proprietary medicine).