NPPA extends price cap on knee implants by one month till Sept 15

Regulator extends price cap on knee implants by one month till Sept 15

The NPPA had allowed firms to take a 10 per cent hike for their knee implant products last year

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National Pharmaceutical Pricing Authority | NPPA | Knee implants

BS Reporter 

Pharma
In 2017, NPPA had capped the prices of cobalt chromium total knee implants at Rs 54,720.

The (NPPA) has extended the price cap on by a month to September 15. The pricing regulator is meanwhile deliberating on the ceiling prices of the medical device. The price cap was valid till August 15.

The had allowed firms to take a 10 per cent hike for their knee implant products last year. The regulator had slashed prices of by almost 70 per cent around 2017 using the extraordinary powers granted under the Drug Price Control Order (DPCO), 2013.

are devices used to replace parts of damaged knee joints in patients. In 2017, had capped the prices of cobalt chromium total knee implants at Rs 54,720.

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First Published: Thu, August 27 2020. 17:25 IST