 "Drug price order might cover devices")
In sync with its agenda to make health care products affordable, the government is planning to amend the Drug Price Control Order (DPCO), 2013. The objective is to bring medical devices directly under DPCO, instead of classifying these as drugs and then subject these to price regulation, a top government official told Business Standard.
In the current regulatory regime, if any medical device has to be brought under price control, it must be classified as a drug.
The proposed amendment would also introduce a new formula for price fixation of medicines. “The government wants to make separate provisions
In the current regulatory regime, if any medical device has to be brought under price control, it must be classified as a drug.
The proposed amendment would also introduce a new formula for price fixation of medicines. “The government wants to make separate provisions
