In the case of insulin syringes with needles, the average price to distributors was Rs2.68, with average MRP at Rs7.92 and maximum trade margin at 400%
2 min read7 Mar 2018The Central Drugs Standard Control Organization to become the approving authority for the import, manufacture and sale of these devices
2 min read1 Mar 2018Aster DM Healthcare, which runs hospitals in India and the Middle East, has allocated shares to anchor investors at the upper end of the IPO price band of Rs190 per scrip
1 min read11 Feb 2018An expert panel on coronary stents recommends that the stent accessories be classified as essential drugs, bringing them under price controls
2 min read11 Oct 2017Drug Technical Advisory Board will take up the proposal to regulate ultrasound machines under Drugs and Cosmetics Act, 1940, in September
2 min read16 Aug 2017Good healthcare needs other social institutions and structures such as public trust, enforceable professional ethical codes, public delivery systems and tight regulations
4 min read13 Apr 2017AIIMS has identified 1500 items which include hand gloves, trays, surgical face masks, laboratory equipment, laboratory chemicals, micro-surgery equipment for the procurement
1 min read11 Dec 2016The medical devices sector in India is highly import-dependent and fragmented with limited indigenous manufacturing
2 min read20 Apr 2016The acquisition will help Portea penetrate deeper into categories such as respiratory care, geriatric care and orthopedics
2 min read31 Mar 2016At a business strategy update on Friday, it unveiled an extra 3,000 job cuts, taking its planned total to 14,000
2 min read18 Mar 2016The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared