After nearly a year and half into the pandemic, the National Pharmaceutical Pricing Authority (NPPA) has capped the trade margin for five medical devices up to 70% on Price to Distributor (PTD) level.
The trade margin has been capped on pulse oximeter, blood pressure monitoring machine, nebulizer digital thermometer and glucometer. The revised price has been made effective from July 20, 2021.
The Union government in a press release stated that a total of 684 products and brands of these medical devices and other 620 products or brands have been reported have reported downward revision of MRP. The maximum downward revision has been reported by imported brand of pulse oximeter, showing reduction of Rs 2,95,375 per unit, the release stated.
Union Health Minister Mansukh Mandaviya in a tweet today 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.”
