Global medical device makers unhappy over stent price cap

Global medical device makers unhappy over stent price cap

The Medical Technology Association of India (MTAI), a representative body of the domestic arms of global medical device makers, has expressed concern over the government move to cap the prices of cardiac stents. “The government must not undercut the market...
10% price hike cap on most medical devices

10% price hike cap on most medical devices

NEW DELHI: The prices of all medical devices except for stents, condoms and intrauterine devices can only be raised by up to 10% in a year, the National Pharmaceutical Pricing Authority (NPPA) said in a new office order on Friday. The drug price regulator also...
Cut in stent prices to hit biz environment, says association

Cut in stent prices to hit biz environment, says association

Reduction in stent prices may unfavourably skew the market for the patient and will adversely affect the business environment, sectoral body MTaI has said. “The control of stent prices in the manner it has been done, with a shocking reduction of prices may...
Makers, hospitals conspire to fleece stent recipients

Makers, hospitals conspire to fleece stent recipients

Apprehensions of the National Pharmaceutical Pricing Authority (NPPA) about the creation of an artificial shortage in stents appear to have come true. Major stent companies have been withdrawing the more expensive brands from hospitals claiming that they are doing it...
Medical devices regulation 2.0 draws industry’s ire

Medical devices regulation 2.0 draws industry’s ire

The second draft of the medical devices regulations, which were notified by the Union health ministry on Wednesday, four months after the first draft was issued, have once again drawn industry flak. The fresh rules, while dividing the medical devices into four groups...
Centre notifies new rules on medical device

Centre notifies new rules on medical device

The Union government has notified a set of new rules to regulate the medical device sector – worth thousands of crores and growing. For the first time, the rules will make a distinction between medical devices and drugs and pharmaceuticals, creating separate standards...
Latest draft of medical devices rules disappointing, says industry

Latest draft of medical devices rules disappointing, says industry

The health ministry’s medical devices rules still deviate from globally accepted practices, insisting on conditions like different labelling requirements and shorter expiry dates for the products, argue global medical device makers upset with the third draft of...
Refurbished equipment: convenient device or hazard?

Refurbished equipment: convenient device or hazard?

The medical devices industry remains bitterly divided even as the Centre looks to regulate import of pre-owned products   Away from the glare of very public discussions on stents, a device used largely in the heart, another debate engulfs the medical devices...
Global Device-Makers Form India Group To Drive Growth

Global Device-Makers Form India Group To Drive Growth

The center-right government of Indian Prime Minister Narendra Modi says it has the medical devices sector squarely in its sights as one of its priority “Make in India” sectors to boost domestic manufacturing and spur job creation, and global medical device makers are...