MTaI in News
MTaI wants states be restrained from taking price decisions on medical devices, other products
New Delhi, Jun 12 (PTI) The Medical Technology Association of India (MTaI) on Saturday said states must be restrained from intervening in price control of medical devices and other products, and the national drug price regulator should take decisions in this regard....
Govt caps trade margin on oxygen concentrators at 70%
NPPA welcomes the move, to inform revised MRPs within a week The government has decided to step-in to regulate the price of oxygen concentrators due to the recent volatility in maximum retail prices (MRP). As per information collected by the government, margin at the...
If priority products are zero rated, it would be a true removal of GST from the entire value chain: Sanjay Bhutani
GST exemptions does not necessarily lead to desired reduction in consumer prices as input GST continues to remain part of the input cost. Shahid Akhter, editor, ETHealthworld, spoke to Sanjay Bhutani, Director, Country Manager, Bausch & Lomb India & SAARC to...
Public Procurement Policies Must Not Deprive Patients Their Access To Innovative And Quality Medical Devices
The DoP issued a revised notice on the Public Procurement Order (PPO) on March 25, 2021. Overlooking the fact that the HS codes are not monolithic, a blanket declaration has been made that for the 19 categories of medical devices listed in the said notice only class I...
Govt orders to prefer local medical devices, cut imports by Rs 4,000 crore
MTaI statement on the revised Public procurement Order: 1. What is the reaction of MTal on this? MTaI feels disappointment that despite the assurance of the Ministry of commerce that no PPOs will come without proper analysis of local market capacity, we are still...
Medical technology sector likely to recover to pre-COVID levels by July-December 2021: MTaI
Medical technology sector is expected to recover to the pre-COVID-19 level only by July-December 2021 at best, as companies continue to earn lower than projected revenue due to weak demand and high cost, according to Medical Technology Association of India (MTaI)....
Interpretation of Aatma Nirbhar Bharat in MedTech sector: MTaI
After due reflection, MTaI has come to the view that Aatma Nirbharta in medical technology sector would be achieved when we can make competitive products in India: Pavan Choudary, Chairman and Director General, MTaI Prime Minister Narendra Modi, on May 12, 2020, made...
Resumption of elective surgeries required to soften COVID-19 blow to healthcare sector: MTaI
Elective surgeries account for about 50 per cent of revenues for hospitals in normal business conditions. Reduced revenues have curtailed hospitals' ability to pay for supplies of pharmaceuticals, diagnostics and medical devices, thereby severely disrupting entire...
Need to carve concrete plan on building healthcare infrastructure at tertiary levels in government, private sectors: MTaI
Healthcare investment can increase employment opportunities in service provider segment like hospitals with increased number of clinicians / paramedics / nurses The government has expressed its intention to create a surplus capacity in healthcare infrastructure. The...
