Drug regulator seeks price details of certain orthopaedic implants

Drug regulator seeks price details of certain orthopaedic implants

FPJ BureauUpdated: Saturday, June 01, 2019, 12:28 AM IST
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New Delhi: The national drug price regulator, NPPA, has sought details from some medical device companies regarding the price movement of certain orthopaedic implants in last three years, reports PTI.

While rejecting the contention of these firms that medical devices are not covered by the provisions of Drug Prices Control Order (DPCO), 2013, National Pharmaceutical Pricing Authority (NPPA) has given them a week to respond.

“Orthopaedic implants along with other medical devices are notified as ‘Drug’ under the Drugs and Cosmetics act 1940 and rules thereunder. Therefore, your contention that the provisions of DPCO, 2013 are not applicable to medical devices is totally incorrect,” the letter said.              Para 29 of DPCO, 2013 empowers the government to call for any record and to inspect such report at the premise of manufacturers relating to sales of formulations, which includes 14 notified medical devices, NPPA said. Accordingly, it has been decided to seek information regarding the price violation, if any, in respect of notified medical devices manufactured/ imported/ marketed by the company, NPPA said, seeking the product specification for different types of notified medical devices manufactured or imported by the company.

It has also sought ex-factory price/ landed cost including duties of the orthopaedic implants, distributor cost and MRP along with percentage increase in MRP in the last three years.

boost pharma exports

The government has taken several measures, including setting up of an inter-departmental committee to look into export-related issues and awareness programmes in emerging markets like Africa, to boost pharmaceutical exports. Pharmaceutical sector has huge potential in terms of increasing exports, the Commerce Ministry is taking many measures to boost overseas shipments, a ministry official told PTI. India’s pharma exports grew by about 3 per cent to USD 15.34 billion in 2014-15.

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