Earlier margins were as high as 709% for some devices; revised prices will come into effect from July 20
These are scheduled drugs (or ones that are under price control) and low priced
Drug pricing regulator NPPA undertook necessary steps to ensure availability of life saving essential medicines across the country during the COVID-19 pandemic, the Economic Survey said on Friday. Drug prices in India are regulated to ensure continued availability and affordability of essential medicines with improved access to consumers, it added. "National Pharmaceutical Pricing Authority (NPPA)... has played an active role in addressing the exigencies arising out of COVID-19 pandemic and undertook necessary measures to ensure continued availability of life saving essential medicines throughout the country," the survey said. The regulator invoked extraordinary powers in public interest to ensure that policy enhances access to life saving drugs like Heparin as well as medical oxygen, it added. Timely intervention by NPPA eased the situation of medical oxygen availability throughout the country, especially in distant and far-flung areas. The survey said NPPA also ensured availabil
A price monitoring and resource unit has been set up in Goa under the aegis of the National Pharmaceutical Pricing Authority (NPPA), the government said on Saturday
The present situation of Covid-19 has resulted in increased demand of medical oxygen up to almost four times from 750 MT per day to around 2,800 MT per day, the Ministry said
The NPPA had allowed firms to take a 10 per cent hike for their knee implant products last year
The government on Thursday said aprice monitoring and resource unit (PMRU) has been set up in Karnataka under the aegis of the National Pharmaceutical Pricing Authority (NPPA)
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The National Pharmaceutical Pricing Authority (NPPA) invoked the para 32 (ii) of the Drug Price Control Order, 2013 to grant the exemption to the indigenously developed stent
Glenmark had appealed to the pricing regulator in 2016 asking for a differential price for its Digihaler
Govt should not control drug prices
The prices of APIs have gone up in the range of 5-88%
The strong performance of the sector is in line with our expectations: Icra
The NPPA notified the ceiling price of orthopaedic knee implants on 16th August, 2017
The NPPA website notes that the amount still under litigation is around Rs 4,084.05 crore
Govt decides to have bureaucracy set drug prices
This is in order to monitor the price movement of 19 medical devices out of 23 medical devices notified as drugs under the Drugs and Cosmetics Acts
The formulations with fixed retail prices include Telmisartan and Chlorthalidone Tablet used in treating high blood pressure marketed by Sun Pharma
The steps are in continuation of the government's drive to make affordable quality medicines available to patients
Setting up of an advisory committee has been a long-standing demand of the industry