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MTaI welcomes stent price hike, calls it necessary for quality healthcare

As per Medical Technology Association of India, there is a need to increase the prices of regulated medical devices by 11-16% to cushion the impact of high inflation and depreciation in the value of rupee vis-à-vis US dollar and Euro...............

Significant reduction in cancer drug prices due to trade margin capping

The National Pharmaceutical Pricing Authority, in its meeting on 26th February, 2019, invoked extraordinary powers in public interest, under Para 19 of the Drugs (Prices Control) Order, 2013 to bring 42 non-scheduled anti-cancer drugs under price control...…………..

Fixing medicine prices saved ₹11,462 crore for patients: Govt

As per the union minister, Mr Mansukh L. Mandaviya, the ceiling prices of 856 medicines fixed by the National Pharmaceutical Pricing Authority (NPPA), resulted in a saving of Rs 11,462 crore for patients. He ruled out any shortage of coronary stents due to price fixation...…………...

AiMeD terms demand of global MedTech companies on pricing as misleading

As per the Association of Indian Medical Device Industry, if trade margins are not rationalized including the importers margin, the consumers will suffer and if MRP is increased then also the consumers will suffer as the MRP is already excessively high...………..

AdvaMed disappointed over NPPA’s move to extend price-cap on knee implants...

The leading association of global medical technology companies has expressed its concern over NPPA not accepting the industry's demand for a 10 percent minimum increase in prices of knee implants despite the depreciation of rupee in recent times and increase in local operational costs

India Pharma 2018 & India Medical Device 2018 held at Bengaluru

In his inaugural speech, the union minister for chemicals and fertilizers, Mr Ananthkumar urged the industry to take up the challenges of implementing Namo-Care in coordination with Make in India initiative of the government..............

MedTech associations welcome NPPA’s consultation on stent price cap revision

Aimed at creating a consensus on the matter pertaining to the revision of medical stent price capping, this meeting organized by National Pharmaceutical Pricing Authority was attended by representatives from both the global and domestic associations......

Govt says no major impact on prices of essential drugs post...

Government ensuring essential drugs are available to public at reduced prices, mentioned the union MOS-Chemicals and Fertilizers, Mr Mansukh L. Mandaviya................

No need to re-invent the wheel on syringe price cap, says...

Reacting to the announcement made by domestic syringe manufacturers on voluntarily reducing trade margins to 75%, the Medical Technology Association of India has called the move as not sustainable........

Govt says it fixed ceiling prices of 849 medicines, including 2...

While 59 of the formulations witnessed maximum 40 percent reduction, the minimum 5 percent was the reduction rate in case of 233 formulations...........