MRP of medical devices cannot be increased more than 10% in

MRP of medical devices cannot be increased more than 10% in a year: Govt


May 17, 2021
Manufacturers, importers told to submit MRP details to NPPA by May 22
Taking note of the exorbitant increase in prices of medical devices which are much in demand during the Covid-19 pandemic, the Centre on Monday ruled that maximum retail price (MRP) of medical devices cannot be increased by more than 10 per cent in a year.
A notification issued by the government said all manufacturers and importers of devices such as pulse oximeter and oxygen concentrators need to submit MRP details of the devices that they sell in the prescribed format within 7 days, latest by May 22, to the National Pharmaceutical Pricing Authority of India (NPPA) that regulates prices of pharmaceutical drugs.

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