MTaI in News
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
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 unfavorably...
Budget 2017: Gold for medical device sector, and a cold breeze to healthcare industry
This budget has certainly brought a wide smile on the faces of people dealing with medical devices but fails on the other hand, it didn't back the government's vision to make India one of the top three pharmaceutical markets by 2020. While revealing his fourth budget,...
A Cautious Approach To GST Would Catapult India To High-Ranking Economies Of The World
GUEST POST WRITTEN BY Sanjay Bhutani Mr. Bhutani is the India head for Bausch & Lomb and founding member of the Medical Technology Association of India. GST, the biggest tax reform in independent India, is on course to implementation and is set to change the way...
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 device industry is disappointed with some of the points in the draft gazette notification of Medical Device rules
PavanChoudary, Director General, MTaI says, “We are disappointed that some points on which the Health Ministry had agreed to are not reflected in the draft rules. We are optimistic that continuing in the inclusive & consultative tone set by the ministry...
Govt’s latest set of medical devices rules fail to impress industry
This time united by cause, the otherwise divided medical device industry, has reacted similarly and negatively on government’s new set of rules. Perhaps it is for the first time that medical device industry which generally has been fragmented into Indian and foreign...
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...
Industry leaders respond to PM Modi’s Ayushman Bharat speech on Independence Day
On Independence Day, Prime Minister Narendra Modi announced the launch of Ayushman Bharat,now Jan Aarogya Abhiyan covering 50 crore people. The mission is to give access to the country’s poor to quality and affordable healthcare. Around 10 crore families will get...
