National Pharmaceutical Pricing Authority is monitoring price increase of critical medical equipments for COVID 19 Pulse Oximeter and Oxygen Concentrators and also ensuring their sufficient availability in the country.
Health and Family Welfare Ministry has identified list of critical medical equipments and asked NPPA to ensure their availability. Government is committed for availability of life saving drugs and devices at affordable prices to the consumers. All the medical devices have been notified as Drugs and have come under regulatory regime of the Drugs and Cosmetics Act and Drugs (Prices (Control Order) from 1st of April.
NPPA has called for price related data from manufacturers and importers of Pulse Oximeter and Oxygen Concentrator to ensure that prices existing as on 1st April should not be increased more than 10 percent in a year.
A Stakeholders Consultation with Medical Devices Industry Associations and Civil Society Group was held in NPPA yesterday. It was stressed that all the manufacturers and importers of critical medical equipments shall ensure sufficient availability of the same in the country. The Medical Devices Industry Associations have been urged to bring down the retail price of critical medical equipments in larger public interest.
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