Prices likely to be revised in line with WPI of the previous calendar year from 1 AprilThe NPPA decided to revise the prices of stents based on data from importers and manufacturers
2 min read14 Feb 2019Last year's price control on stents led to a price cut of up to 85% and prompted many multinational companies to withdraw their premium products from India
2 min read6 Feb 2018Apollo Hospitals's returns on investment in cath labs comes down to 8% from 15-16% due to stent price cut, says CFO Krishnan Akhileswaran
2 min read16 Nov 2017An expert panel on coronary stents recommends that the stent accessories be classified as essential drugs, bringing them under price controls
2 min read11 Oct 2017Following reports of a shortage of coronary stents in hospitals, the government has blocked manufacturers from withdrawing their stents until December
2 min read28 Sep 2017Abbott Healthcare Pvt. Ltd received permission to withdraw its premium metallic stent Xience Alpine, less than a week after it was allowed to withdraw its dissolving stents
2 min read26 Sep 2017Drug price regulator NPPA said it has allowed Abbott Healthcare to withdraw its Absorb and Absorb GT1 coronary stents in view of 'safety concerns' raised by the USFDA and EU
1 min read22 Sep 2017Panacea Biotec signs an agreement with Canada's Apotex to launch Prasugrel 5mg and 10mg tablets, used for the treatment of certain coronary diseases, in the US
1 min read11 Sep 2017The PMO has met officials from health ministry, department of pharmaceuticals to seek suggestions on exemption from price caps on high-end stents
3 min read11 Sep 2017Abbott Laboratories announces to halt global sales of their fully absorbable stent-Absorb Bioresorbable Vascular Scaffold (BVS) citing low 'commercial sales'
3 min read9 Sep 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared