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MEDICAL DEVICE DISTRIBUTORS
About 620 products see price reduction after trade margin regulation on critical medical devicesOn July 13, the National Pharmaceuticals Pricing Authority (NPPA) had invoked extraordinary powers under the Paragraph 19 of DPCO, 2013, to...24 Jul, 2021, 02.29 PM IST- Government caps trade margin on pulse oximeter, nebuliser, digital thermometer at 70 percentThe National Pharmaceuticals Pricing Authority (NPPA) has invoked extraordinary powers under the Paragraph 19 of DPCO, 2013, to put a cap o...13 Jul, 2021, 07.48 PM IST
- Govt to list ‘essential medical devices’, cap trade marginThe list is intended to be the basis for policy action intended to prevent distributors, wholesalers, retailers and even hospitals from see...21 Jul, 2019, 10.38 AM IST
- Now, government plans to cap margins of medical devices to bring down pricesUnlike price caps, fixing trade margins would restrict how much a product’s price can be raised from the import or manufacturing cost.19 Oct, 2017, 11.57 AM IST
- Orthopaedic implants cost less than a third of the surgery: IMS HealthProcedure charges, doctor fees, medicine and consumable costs contribute around 65-75 per cent of the overall cost of a procedure concernin...10 Aug, 2017, 09.25 AM IST
- Medical device: Government going slow on price caps due to US concernsA key proposal suggested by health activists and doctors is to include all medical devices under the definition of ‘scheduled drugs’ under ...30 Jun, 2017, 11.26 AM IST
- Companies, hospitals make a killing out of medical devicesDistributors in the supply chain earn a profit margin ranging from 20%211% on balloon catheters and 64-119% on guiding catheters.30 Jun, 2017, 11.14 AM IST
- Carpediem Capital invests Rs 23 cr in medical devices distributor Collateral MedicalThe company plans to use the funds towards strengthening its distribution capabilities, expanding service network and strengthening the IT ...30 May, 2017, 09.57 AM IST
- Indian cardiac stents as expensive as imports: MNC associationIndian stents are not drastically cheaper to imported stents, says the Medical Technology Association of India12 Jan, 2017, 12.51 AM IST
- Cardiac stent prices dropped but patients charged high : IMS StudyThe report, coming in the backdrop of the government's moves to control prices of stents and other such medical devices.16 Jun, 2016, 02.05 AM IST
- Orthopedic implants may get up to 50 per cent cheaper over suggested price capsThe National Health Systems Resource Centre has suggested price caps in a report to drug pricing regulator National Pharmaceutical Pricing ...23 Nov, 2015, 11.48 AM IST
- NPPA seeks details of price movement of certain ortho implantsNPPA has sought details from some medical device companies regarding the price movement of certain orthopaedic implants in last three years.05 Jul, 2015, 12.17 PM IST
- Israeli medical device firms seek cooperation avenues in IndiaThe Israeli delegation had business-to-business meetings with Kokilaben Dhirubhai Ambani Hospital and Hinduja Hospital in Mumbai and Fortis...03 Jul, 2015, 06.18 PM IST
- National Pharmaceutical Pricing Authority asks companies to reveal MRPs of medical devicesThe FDA report gave several examples of drug eluting stents being imported for about Rs 40,000 but with the MRP shown as approximately Rs 1...10 Dec, 2014, 11.34 AM IST
- Patients pay three times import price for stentsMost patients are forced to pay anything between Rs 60,000 and Rs 1 lakh or more for cardiac drug eluting stents (DES).15 Sep, 2014, 11.05 AM IST
- Poly Medicure wins long patent battle against German pharma giant B BraunThis could also bolster its case in some of the other European jurisdictions where it is defending patent infringement suits from the Germa...08 Sep, 2014, 05.11 AM IST
- Japan’s Omron may set up manufacturing plant hereJapanese electronics firm Omron Corporation is scouting for local distribution partners for its medical device business and may set up a ma...22 Nov, 2010, 02.52 AM IST
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