- Medical Devices
- 1 min read
NPPA caps price for 5 medical devices for affordable and better COVID-19 management
A total of 684 products and brands of these medical devices and other 620 products or brands have reported a downward revision of MRP.
In a tweet, Union Health Minister Mansukh Mandaviya informed, “In the larger public interest, the government caps trade margin for five medical devices, effective from July 20. It will hugely reduce prices of Medical devices.”
In accordance with this, a total of 684 products and brands of these medical devices and other 620 products or brands have reported downward revision of MRP.
All domestic and imported brands have shown downward revision of MRP. A maximum downward revision has been reported by the imported brand of Pulse Oximeter, showing a reduction of Rs. 2,95,375 per unit. Followed by blood pressure monitoring machine and nebulizer
In order to monitor and enforce this capping, the revised MRP has been shared with the State Drug Controllers for monitoring and enforcement.
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