At a time when the National Pharmaceutical Pricing Authority (NPPA) has proposed reduction of stent prices by up to 50 per cent, Business Standard looks at the pricing dynamics in this industry.
While the maximum retail price (MRP) of a stent manufactured abroad and made in India could be similar, starting anything at over Rs 1 lakh, the cost to the patient could vary by a wide margin.
“While there is an MRP in the Indian market, at times stents are sold to hospitals at prices much lower, especially in the case of domestically manufactured stents,” an executive
While the maximum retail price (MRP) of a stent manufactured abroad and made in India could be similar, starting anything at over Rs 1 lakh, the cost to the patient could vary by a wide margin.
“While there is an MRP in the Indian market, at times stents are sold to hospitals at prices much lower, especially in the case of domestically manufactured stents,” an executive