Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | Stents sold in Europe for less than Indian prices -Rema Nagarajan    </title>
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-The Times of India

Multinational stent companies claim that the ceiling price fixed by the National Pharmaceutical Pricing Authority (NPPA) is commercially unviable, but they are selling at far lower prices in much richer countries with smaller markets than India such..."/>
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-The Times of India

Multinational stent companies claim that the ceiling price fixed by the National Pharmaceutical Pricing Authority (NPPA) is commercially unviable, but they are selling at far lower prices in much richer countries with smaller markets than India such..." />
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                            <div align="justify">-The Times of India<br /><br />Multinational stent companies claim that the ceiling price fixed by the National Pharmaceutical Pricing Authority (NPPA) is commercially unviable, but they are selling at far lower prices in much richer countries with smaller markets than India such as Germany, the UK, Italy and many other European countries.<br /><br />A look at the prices of stent brands in these countries shows that people in India have been defrauded of crores of rupees over years in the absence of any price control or law.<br /><br />Before price control, patients in India paid among the highest prices for stents globally even higher than in the US. In the US, the price of a drug eluting stent (DES) ranges from Rs 62,000 ($950) to Rs 78,000 ($1,200).<br /><br />In India, hospitals were charging almost double with DES prices typically ranging from Rs 65,000 to Rs 1.7 lakh.<br /><br />In the case of the bioabsorbable stents, which have come under a cloud for their safety and efficacy, the US paid about $100 to $200 (Rs 6,500 to Rs 13,000) over the price of the most expensive DES, or roughly $1,200 to $1,500.<br /><br />In India, patients were charged Rs 1.9 lakh (over $2,900) for Abbot's bioabsorbable stent.<br /><br />After price control, Indians are paying over Rs 31,000 for any DES, lower than the price in the US but similar to the price being paid in the UK and other European countries.<br /><br />This is despite India having a much bigger market for stents than the UK or any of the European countries. In a bigger market, firms make up for smaller margins from higher volumes.<br /><br />Please <a href="http://timesofindia.indiatimes.com/india/stents-sold-in-europe-for-less-than-indian-prices/articleshow/58675349.cms" title="http://timesofindia.indiatimes.com/india/stents-sold-in-europe-for-less-than-indian-prices/articleshow/58675349.cms">click here</a> to read more. <br /></div>                                                           
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    <br><a href="http://timesofindia.indiatimes.com/india/stents-sold-in-europe-for-less-than-indian-prices/articleshow/58675349.cms" class="re" target="_blank">The Times of India, 15 May, 2017, http://timesofindia.indiatimes.com/india/stents-sold-in-europe-for-less-than-indian-prices/articleshow/58675349.cms</a><div class="clear"></div>
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        LATEST NEWS UPDATES | Stents sold in Europe for less than Indian prices -Rema Nagarajan    </title>
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-The Times of India

Multinational stent companies claim that the ceiling price fixed by the National Pharmaceutical Pricing Authority (NPPA) is commercially unviable, but they are selling at far lower prices in much richer countries with smaller markets than India such..."/>
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Multinational stent companies claim that the ceiling price fixed by the National Pharmaceutical Pricing Authority (NPPA) is commercially unviable, but they are selling at far lower prices in much richer countries with smaller markets than India such..." />
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    <h1 class="cat-box-title">Stents sold in Europe for less than Indian prices -Rema Nagarajan</h1>
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                            <div align="justify">-The Times of India<br /><br />Multinational stent companies claim that the ceiling price fixed by the National Pharmaceutical Pricing Authority (NPPA) is commercially unviable, but they are selling at far lower prices in much richer countries with smaller markets than India such as Germany, the UK, Italy and many other European countries.<br /><br />A look at the prices of stent brands in these countries shows that people in India have been defrauded of crores of rupees over years in the absence of any price control or law.<br /><br />Before price control, patients in India paid among the highest prices for stents globally even higher than in the US. In the US, the price of a drug eluting stent (DES) ranges from Rs 62,000 ($950) to Rs 78,000 ($1,200).<br /><br />In India, hospitals were charging almost double with DES prices typically ranging from Rs 65,000 to Rs 1.7 lakh.<br /><br />In the case of the bioabsorbable stents, which have come under a cloud for their safety and efficacy, the US paid about $100 to $200 (Rs 6,500 to Rs 13,000) over the price of the most expensive DES, or roughly $1,200 to $1,500.<br /><br />In India, patients were charged Rs 1.9 lakh (over $2,900) for Abbot's bioabsorbable stent.<br /><br />After price control, Indians are paying over Rs 31,000 for any DES, lower than the price in the US but similar to the price being paid in the UK and other European countries.<br /><br />This is despite India having a much bigger market for stents than the UK or any of the European countries. In a bigger market, firms make up for smaller margins from higher volumes.<br /><br />Please <a href="http://timesofindia.indiatimes.com/india/stents-sold-in-europe-for-less-than-indian-prices/articleshow/58675349.cms" title="http://timesofindia.indiatimes.com/india/stents-sold-in-europe-for-less-than-indian-prices/articleshow/58675349.cms">click here</a> to read more. <br /></div>                                                           
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    <br><a href="http://timesofindia.indiatimes.com/india/stents-sold-in-europe-for-less-than-indian-prices/articleshow/58675349.cms" class="re" target="_blank">The Times of India, 15 May, 2017, http://timesofindia.indiatimes.com/india/stents-sold-in-europe-for-less-than-indian-prices/articleshow/58675349.cms</a><div class="clear"></div>
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        LATEST NEWS UPDATES | Stents sold in Europe for less than Indian prices -Rema Nagarajan    </title>
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-The Times of India

Multinational stent companies claim that the ceiling price fixed by the National Pharmaceutical Pricing Authority (NPPA) is commercially unviable, but they are selling at far lower prices in much richer countries with smaller markets than India such..."/>
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Multinational stent companies claim that the ceiling price fixed by the National Pharmaceutical Pricing Authority (NPPA) is commercially unviable, but they are selling at far lower prices in much richer countries with smaller markets than India such..." />
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    <h1 class="cat-box-title">Stents sold in Europe for less than Indian prices -Rema Nagarajan</h1>
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                            <div align="justify">-The Times of India<br /><br />Multinational stent companies claim that the ceiling price fixed by the National Pharmaceutical Pricing Authority (NPPA) is commercially unviable, but they are selling at far lower prices in much richer countries with smaller markets than India such as Germany, the UK, Italy and many other European countries.<br /><br />A look at the prices of stent brands in these countries shows that people in India have been defrauded of crores of rupees over years in the absence of any price control or law.<br /><br />Before price control, patients in India paid among the highest prices for stents globally even higher than in the US. In the US, the price of a drug eluting stent (DES) ranges from Rs 62,000 ($950) to Rs 78,000 ($1,200).<br /><br />In India, hospitals were charging almost double with DES prices typically ranging from Rs 65,000 to Rs 1.7 lakh.<br /><br />In the case of the bioabsorbable stents, which have come under a cloud for their safety and efficacy, the US paid about $100 to $200 (Rs 6,500 to Rs 13,000) over the price of the most expensive DES, or roughly $1,200 to $1,500.<br /><br />In India, patients were charged Rs 1.9 lakh (over $2,900) for Abbot's bioabsorbable stent.<br /><br />After price control, Indians are paying over Rs 31,000 for any DES, lower than the price in the US but similar to the price being paid in the UK and other European countries.<br /><br />This is despite India having a much bigger market for stents than the UK or any of the European countries. In a bigger market, firms make up for smaller margins from higher volumes.<br /><br />Please <a href="http://timesofindia.indiatimes.com/india/stents-sold-in-europe-for-less-than-indian-prices/articleshow/58675349.cms" title="http://timesofindia.indiatimes.com/india/stents-sold-in-europe-for-less-than-indian-prices/articleshow/58675349.cms">click here</a> to read more. <br /></div>                                                           
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    <br><a href="http://timesofindia.indiatimes.com/india/stents-sold-in-europe-for-less-than-indian-prices/articleshow/58675349.cms" class="re" target="_blank">The Times of India, 15 May, 2017, http://timesofindia.indiatimes.com/india/stents-sold-in-europe-for-less-than-indian-prices/articleshow/58675349.cms</a><div class="clear"></div>
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Home हिन्दी

Stents sold in Europe for less than Indian prices -Rema Nagarajan

Published on May 15, 2017   Modified on May 15, 2017

-The Times of India Multinational stent companies claim that the ceiling price fixed by the National Pharmaceutical Pricing Authority (NPPA) is commercially unviable, but they are selling at far lower prices in much richer countries with smaller markets than India such as Germany, the UK, Italy and many other European countries. A look at the prices of stent brands in these countries shows that people in India have been defrauded of crores of rupees over years in the absence of any price control or law. Before price control, patients in India paid among the highest prices for stents globally even higher than in the US. In the US, the price of a drug eluting stent (DES) ranges from Rs 62,000 ($950) to Rs 78,000 ($1,200). In India, hospitals were charging almost double with DES prices typically ranging from Rs 65,000 to Rs 1.7 lakh. In the case of the bioabsorbable stents, which have come under a cloud for their safety and efficacy, the US paid about $100 to $200 (Rs 6,500 to Rs 13,000) over the price of the most expensive DES, or roughly $1,200 to $1,500. In India, patients were charged Rs 1.9 lakh (over $2,900) for Abbot's bioabsorbable stent. After price control, Indians are paying over Rs 31,000 for any DES, lower than the price in the US but similar to the price being paid in the UK and other European countries. This is despite India having a much bigger market for stents than the UK or any of the European countries. In a bigger market, firms make up for smaller margins from higher volumes. Please click here to read more.

The Times of India, 15 May, 2017, http://timesofindia.indiatimes.com/india/stents-sold-in-europe-for-less-than-indian-prices/articleshow/58675349.cms

Tagged with: National Pharmaceutical Pricing Agency (NPPA) Stents

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• Stents can still make a killing -GS Mudur
• Centre cracks whip, no stent can be withdrawn, for now -Sushmi Dey

 

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