-The New Indian Express These scheduled medicines constitute about 18 per cent of the total domestic pharma retail market, valued around Rs 1.5 trillion. NEW DELHI: Prices of over 800 drugs under the National List of Essential Medicines (NLEM), including paracetamol, common antibiotics like azithromycin, doxycycline and medications for hypertension, diabetes and COVID-19 will increase by 10.7 per cent starting Friday. Activists slammed the move saying that it would hit the pockets of...
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Prices of essential medicines, stents to go up by over 4% -Rupali Mukherjee
-The Times of India MUMBAI: Prices of essential medicines, including painkillers, anti-infectives, supplements and antibiotics, will go up by over 4%, after the government gave its nod to the increase, in line with the annual Wholesale Price Index (WPI). Hike in prices of cardiac stents have also been allowed on the basis of WPI at 4.26% for calendar year 2018. The revision in prices of both stents and medicines will come...
More »Despite no cap 'indication', govt put knee implant under price limit -Deepak Patel
-The Indian Express The Department of Industrial Policy and Promotion (DIPP) and the NPPA are also documented as having given similar assurances in subsequent meetings. New Delhi: After the National Pharmaceutical Pricing Authority (NPPA) imposed price caps on coronary stents in February last year, the Prime Minister’s Office (PMO) is documented as having “indicated” to representatives of foreign medical device companies in a meeting that the Indian government has no plans to...
More »Transfer of NPPA head who capped stent, implant prices sparks protests
-The Times of India The transfer of the chairman of the National Pharmceutical Pricing Authority, Bhupendra Singh, who had capped the price of stents and knee implants and exposed the huge margins being charged by corporate hospitals has evoked howls of protest from public health activists. RSS-affiliate Swadeshi Jagran Manch too has taken exception to the move, tweeting sarcastically about the “reward” given to a bureaucrat for doing a good job. The All...
More »Cardiac stent price cap lowered further to Rs 28,000 -Rema Nagarajan
-The Times of India The National Pharmaceutical Pricing Authority on Monday revised the price of drug eluting stents (DES) downwards by about Rs 2,300 to just under Rs 28,000, while marginally raising the cap on bare metal stents from Rs 7,400 to Rs 7,660. These caps are excluding GST. With DES accounting for about 95% of all stents used in India, this means most stents will become cheaper. The authority, which had...
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