APN News

NPPA asks stent makers, importers to submit price list before March 1


New Delhi: The National Pharmaceuticals Pricing Authority (NPPA) has asked manufacturers and importers of coronary stents to submit details, including price list of their products, before first of next month.

In a notification, the drug pricing regulator also asked the manufacturers to furnish quarterly returns of production, import and sale of coronary stents. The NPPA said, manufacturers will issue the price list to it online and submit a copy to all state drug regulators and distributors, dealers and retailers. It also said, if the requisite information is not submitted within the prescribed date necessary action will be initiated.

Providing relief to cardiac patients, NPPA cut prices of life-saving coronary stents by up to 85 per cent by capping them at 7,260 rupees for bare metal and 29,600 rupees for drug eluting variety.

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