Health · Healthcare & Policy · 2 days ago

Medical device industry seeks markup caps similar to cancer drug limit

Medical device industry seeks markup caps similar to cancer drug limit

India’s National Pharmaceutical Pricing Authority has approved a cap on the markup of anti-cancer drugs at 30% of their maximum retail price.

The Association of Indian Medical Device Industry wants similar controls for medical devices.

It says the rules must cover imported and domestically made products on equal terms.

Under earlier price controls, the association says, the cap began at the sale to distributors, leaving importers’ margins outside the capped chain.

It says this can make an imported product’s maximum retail price about 43% higher than its domestic equivalent.

The group proposes treating the importer as the first point of sale and piloting controls on selected high-volume consumables to avoid shortages.

It says it is ready to work with India’s Department of Pharmaceuticals and the pricing authority on a national framework.

What people are saying

AiMeD has been requesting the Department of Pharmaceuticals and the media to bring all stakeholders to the table, so that we reach a consensus that lets every participant in the supply chain earn a fair return, while ensuring no one profits from patients' distress.
Rajiv NathAiMeD Forum Coordinatorvia ET HealthWorld
The importer's sale to its distributors became a second point of sale, while the domestic manufacturer's sale to its distributors is the first point of sale.
AiMeDMedical-device industry associationvia ET HealthWorld
Rationalised, evidence-based, nationally uniform margin bands protect patients and keep supply chains viable.
AiMeDMedical-device industry associationvia ET HealthWorld

Sources

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