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Capped: Oximeter, 4 other devices to become cheaper
Capped: Oximeter, 4 other devices to become cheaper
Agencies / Updated: Jul 25, 2021, 06:00 IST
Following the capping of prices by the
National Pharmaceutical Pricing Authority (NPPA), 91 per cent brands of five medical devices reported downward revision of prices up to 88 per cent, informed the
Ministry of Chemicals and Fertilizers on Saturday.
The Centre has capped the Trade Margin for five medical devices -
Pulse Oximeter, Blood Pressure Monitoring Machine,
Nebulizer,
MRP was effective from July 20, 2021.
“The margin was capped up to 70 per cent on Price to Distributor (PTD) level. Pursuant there to, a total of 684 products/brands of these medical devices have been reported as on July 23, 2021, and 620 products/brands (91 per cent) have reported downward revision of MRP,” the ministry said.
Prices of 91 pc brands of 5 medical devices slashed following capping of trade margin by Centre aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.