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...

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...