New Delhi [India], June 11 (ANI): The Trade Margin for Oxygen Concentrators has been capped at 70 per cent on the Price to Distributer (PTC) level by the National Pharmaceutical Pricing Authority (NPPA).
Read more about Capping trade margin on O2 concentrators resulted in consumer savings: Govt on Business Standard. Capping the trade margin on oxygen concentrators by the government has resulted in ensuring consumer savings as the price of the critical device has come down
‘File fresh affidavit on COVID drugs’
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Prices of life-saving drugs should be brought down, says High Court
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Prices of life-saving drugs should be brought down, says High Court
The Telangana High Court on Wednesday directed National Pharmaceutical Pricing Authority (NPPA) Director to file a fresh affidavit, observing that an earlier one filed by the authority in response to its direction in a batch of PIL pleas connected to COVID-19 was “ambiguous and lacked clarity”.
A bench of Chief Justice Hima Kohli and Justice B. Vijaysen Reddy said it was unfortunate that NPPA had failed to comply with the HC’s direction over Coronavirus-related matters. “Central government would not be permitted to play with lives of people who are running from pillar to post to secure life-saving drugs meant for treating Coronavirus-affected patients,” the CJ observed.
India News: NEW DELHI: The drug price regulator National Pharmaceutical Pricing Authority (NPPA) invoked extraordinary powers under Para 19 to cap the trade margi.