NPPA Fixed Ceiling Price For Cardiac Stents
Hyderabad, May 8 (Maxim News): To ensure the costs of life saving cardiac stents remain under the price control regime and within the reach of patients, the National Pharmaceutical Pricing Authority (NPPA) has issued a notification fixing a ceiling price for all types of stents used to conduct cardiac surgeries.
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The drugs pricing regulatory authority has fixed the ceiling price for Bare Metal Stents, which mostly comprise of stents manufactured by local medical device manufacturers, to Rs. 10,509.79.
Similarly, all Drug Eluting Stents (DES) including metallic DES, Bioresorbable Vascular Scaffold (BVS) and Biodegradable Stents will cost no more than Rs. 38,267.18, the NPPA notification said.
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All retailers and dealers of stents must display the price list and the supplementary price list, if any, at a conspicuous part of the hospital in a manner so as to be easily accessible to any person wishing to consult the same.
The NPPA made it clear that action will be taken against companies or individuals who avoid implementing the new price regime.
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Manufacturers not complying with the ceiling price shall be liable to deposit the overcharged amount along with interests thereon under the provisions of Drugs (Prices and Control) Order 2013 and Essential Commodities Act, 1955, the notification said. (Maxim News)
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