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NPPA cuts stent price again; MNC demand for sub-categories rejected

The authority has not broadened the categories of coronary stents, though there was industry demand for that

NPPA cuts stent price again; MNC demand for sub-categories rejected
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Veena Mani New Delhi
Last year, on February 14, the pharma watchdog cut the price of coronary stents to Rs 29.600 from as high as Rs 200,000, a reduction of around 85 per cent.  However, the price of another category of stent - bare metal stent - was capped at Rs 7,260. 

Trade margins were capped at 8 per cent along the complete supply chain as the NPPA observed unethical mark-up in fixing the maximum retail price by manufacturers.

The NPPA used its extraordinary power of Para 19 of the Drug Price Control Order (DPCO) 2013 to cap the price of coronary