Friday, July 30, 2021
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Govt caps trade margin up to 70% on price to distributor...

By invoking extraordinary powers in larger public interest National Pharmaceutical Pricing Agency (NPPA) has capped the trade margin up to 70% on price to distributor level on five medical devices........................

MTaI welcomes NPPA move to cap trade margins of oxygen concentrators

Medical Technology Association of India has stated that the #NPPA's move to cap prices of oxygen concentrations will provide reasonable margin for players, while at the same time usher in affordability for patients.......................

AiMeD opposes GST exemption on medical devices, suggests MRP cap formula

In a letter to Finance Minister, the Association of Indian Medical Device Industry (AiMeD) has opposed GST exemption on Medical Devices as it is counterproductive and anti Make in India..............................

Manpower shortage hits HMD as it targets 1 billion syringes by...

The company is on a recruitment drive to increase the production capacity of auto Disable Syringes to 100 Crore by June 2021. It has timely delivered 21.75 Crore syringes by April end to the government..............................

New regulatory regime for 8 medical items under Drugs & Cosmetics...

The transition time of six months allowed for ensuring supply chain continuity and access while implementing their regulatory order under Medical Devices Rules (2017)........................

AiMeD lauds revised notice on medical devices PPO, says it will...

The Association of Indian Medical Device Industry (AiMeD) has called it a great relief to the 85 percent import dependence and an ever-increasing import bill of over Rs. 42,000 Crore.......................

Govt has allocated over Rs.10,000 crores in PLI scheme for bulk...

Citing the recent UNCTAD report, DV Sadananda Gowda, Minister for Chemicals and Fertilizers also pointed out India’s positive FDI growth even with a decline in FDI of 42% globally.....................

HEAL Group joins hands with ESI Med-Tech to launch marketing solutions...

The medical device market in India offers promising futures for Medical Technology companies to grow significantly................

Trivitron Healthcare appoints Rajesh Patel as CEO of In-Vitro diagnostics business

Mr Patel is an experienced professional with around 29 years in the areas of sales, marketing & business development in the healthcare segment...............

AiMeD welcomes govt’s preference to domestic companies in its procurement tenders

The domestic Medical Devices industry has expressed happiness with modified rules of the Government that give additional preference to local companies in government procurement contracts to promote ‘Make in India’...............