NPPA reports 88% price reduction in one-third of domestic brands of medical devices following trade margin cap

NPPA reports 88% price reduction in one-third of domestic brands of medical devices following trade margin cap

NPPA has observed that these devices are important in managing Covid-19 pandemic, not only for home use, but in hospital management too. The National Pharmaceutical Pricing Authority (NPPA) has reported 88% price reduction in one-third of domestic brands of medical devices following trade margin cap at 70% for pulse oximeter, blood pressure monitoring machine, nebuliser, … Read more

Trade margin rationalization will bring in predictability and transparency in pricing regulations: MTaI

Trade margin rationalization will bring in predictability and transparency in pricing regulations: MTaI

According to NPPA, 620 products or brands have reported downward revision of MRP by up to 88% after the trade margin rationalization of these 5 medical devices. Medical Technology Association of India (MTaI), which is an association of research-based medical technology companies, has hailed Government’s trade margin rationalization (TMR) and stated that this will bring … Read more

Online pharmacy firms see massive order surge in second wave – ET HealthWorld

Online pharmacy firms see massive order surge in second wave – ET HealthWorld

Driven by the second wave of the Covid-19 pandemic, India’s online pharmacy sector is once again witnessing a surge in orders for medical devices, personal protective equipment (PPE), health supplements and commonly available drugs. High caseloads in cities coupled with regional lockdowns, especially in large metros, has pushed consumers to order online than visit offline … Read more