Caps on the prices of hygiene products would be ill-advised. While many life-saving drugs can justifiably be kept artificially cheap, the idea cannot be applied to most other markets
2 min read2 Sep 2019Govt-led panel met firms this month to re-examine if all drug-eluting stents were equalThe NPPA capped prices of bare metal stents and drug-eluting stents on 13 February 2017
2 min read28 Aug 2019The stent makers say that innovation should be rewarded and the high-end segment should be kept viableA newly constituted panel on the National List of Essential Medicines is reviewing if all drug eluting stents are the same or whether a new category needed to be added
2 min read9 Aug 2019Prices likely to be revised in line with WPI of the previous calendar year from 1 AprilThe NPPA decided to revise the prices of stents based on data from importers and manufacturers
2 min read14 Feb 2019Meril Life has sought a price exemption for developing unique, biodegradable stentsNPPA meet on Monday is likely to discuss the price exemption claim. If granted, it will be valid for five years
2 min read21 Jan 2019The government's previous attempts to cap high trade margins in the sale of drugs show that getting the balance wrong can hurt patients
4 min read26 Aug 2018The government is looking to curb profiteering and allay concerns of medical device makers, particularly importers of stents and knee implants, who say price caps hurt innovation
2 min read23 Aug 2018NPPA permitted Abbott Healthcare to discontinue selling its Xience Alpine Premium stents from the Indian market
2 min read26 Apr 2018NPPA has been told by the centre to reconsider stent pricing or let firms withdraw products ahead of US meet
2 min read6 Apr 2018Scott Whitaker, president and CEO of AdvaMed, an association of global medical device manufacturers, has expressed disappointment over NPPA's decision to cut stent prices
2 min read7 Mar 2018The 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