India

Govt Caps Trade Margin On Five Medical Devices

By
OB Bureau

New Delhi: The National Pharmaceutical Pricing Authority (NPPA), on Saturday, capped the trade margin for five medical devices pulse oximeter, blood pressure monitoring machine, nebulizer, digital thermometer, and glucometers.

The cap will be effective from July 20 and hugely reduce prices of medical devices, said the Ministry of Chemicals and Fertilizers in a statement released Saturday.

The margin was capped up to 70 per cent on price to distributor (PTD) levels. After the latest move, a total of 684 products, brands of such medical devices have witnessed downward revision of prices, the ministry added.

The maximum reduction has been reported in the prices of imported pulse oximeters.


 

OB Bureau

Recent Posts

Hina Khan Shares Warm Post For ‘Humble And Kind’ Salman Khan

Mumbai: Television actress Hina Khan, who is battling breast cancer, recently met host Salman Khan…

November 23, 2024

AR Rahman Sends Legal Notice To Defamers Over Link-Up Rumours With Mohini Dey

 Mumbai: Following reports of his alleged link-up with bassist Mohini Dey, renowned music composer AR…

November 23, 2024

Tamannah Bhatia & Vijay Varma Go House Hunting; Is Marriage On Cards?

Mumbai: The love story of actors Tamannaah Bhatia and Vijay Varma has not been clandestine.…

November 23, 2024

Puri Jagannath Temple Admn Receives Ratna Bhandar GPR-GPS Survey Report; Asks ASI To Start Repair Work

Puri: Shree Jagannath Temple Administration (SJTA) has received the report of the Ratna Bhandar’s GPR-GPS…

November 23, 2024

Book Review: A Redemptive Tale Of Losing And Finding

With his debut novel ‘The Other Side of the Rainbow’ published recently, Niranjan Nayak, an…

November 23, 2024

Santosh Trophy: Odisha Seal Spot In Final Round With 2 Big Wins

Bhubaneswar: Odisha outplayed Chhattisgarh 4-1 on Saturday to seal a berth in the final round…

November 23, 2024

Diljit Dosanjh Asks States To Go Dry; ‘I Will Then Stop Singing Songs On Alcohol’

Mumbai: The Telangana government’s notice barring him from singing songs promoting alcohol and drugs at…

November 23, 2024

PM Modi To Participate In ‘Odisha Parba 2024’ In Delhi Tomorrow

Bhubaneswar: Prime Minister Narendra Modi will participate in the ‘Odisha Parba 2024’ programme on Sunday…

November 23, 2024