Profit Control: NPPA extends trade margin capping on 5 critical COVID-19 devices
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New Delhi: Through a recent gazette notification, the National Pharmaceutical Pricing Authority (NPPA), Department of Pharmaceutical, Ministry of Chemicals and Fertilizers, Government of India, has extended the trade margin capping of the 5 critical medical used in COVID management till December 31, 2022.
The 5 medical devices include Pulse Oximeter, Blood Pressure Monitoring Machine, Nebulizer, Digital Thermometer ad Glucometer.
As per the provisions of the Drug (Prices Control), Order,2013, the monitoring of the trade margin rationalization and its implementation will be done said by the authorities.
"It was decided that the notification SO 2808(E) dated July 13, 2021, be further extended up to December 31, 2022, or until further orders, whichever is earlier," said NPPA.
The drug price regulator had earlier extended the trade margin rationalization of the five medical devices- Pulse Oximeter, Blood Pressure Monitoring Machine, Nebulizer, Digital Thermometer ad Glucometer at 70 percent at the first point of sale, following the initial notification on July 13, 2022.
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