The National Pharmaceutical Pricing Authority (NPPA) has extended the price cap on knee implants by one year to September, 2021 after much deliberation.
A few weeks back, the pricing regulator had extended the price cap by a month after the earlier order validity ended in August. It was deliberating on whether to remove the price cap on orthopaedic implants like knee, claimed sources.
The price cap was valid till August 15.
The NPPA had allowed firms to take a 10 per cent hike for their knee implant products last year. The regulator had slashed prices of knee implants by almost