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Capping Of Coronary Stent Prices In India Is ‘Deeply Disappointing,’ Says US Medtech Body

 
• By Vibha Sharma

The Indian government has fixed the maximum price that can be charged for coronary stents for a year in an attempt to make treatments more affordable. US medtech companies say, however, that a singular focus on pricing is misguided and that steps should be taken to fix “inefficiencies” in the health-care ecosystem.

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India caps coronary stent prices • Source: Shutterstock

India’s regulator of drug pricing, the National Pharmaceutical Pricing Authority, has issued orders fixing the maximum price that patients can be charged for coronary stents. Stents are currently included in the country’s national list of essential medicines.

While the government expects the price cap to benefit patients, US-based medtech industry association AdvaMed said its member companies were “deeply disappointed” with NPPA’s order. The trade group said the...

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