Medical device margins set to be capped at 65% in India2 min read . Updated: 23 Aug 2018, 07:23 AM IST
The government is looking to curb profiteering and allay concerns of medical device makers, particularly importers of stents and knee implants, who say price caps hurt innovation
New Delhi: India is set to cap trade margins on medical devices, abandoning the current price control mechanism, as it seeks to curb profiteering as well as allay concerns of device makers, particularly importers of stents and knee implants, who have complained that price caps hurt innovation, two people aware of the matter said.
Login to enjoy exclusive benefits!
- Unlocked premium articles
- Personalized news
- Market Watchlist
- Insightful Newsletters & more