Representative image (AP)
NEW DELHI: The drug price regulator capped the trade margin of five widely-used medical devices, particularly for management of Covid-19, like pulse oximeter, blood pressure monitoring machine, nebulizer, digital thermometer and glucometer at 70%.
The move is expected to result in a significant drop in MRP of these products that are in high demand with many Covid patients under home isolation and treatment needing regular monitoring of blood pressure, blood sugar and oxygen level as well as fever, etc. The data collected by the National Pharmaceutical Pricing Authority (NPPA) shows earlier the margins were ranging up to 709% from price to distributor to MRP level.
Govt caps trade margin of five medical devices
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Trade margin on oximeter, nebuliser, digital thermometer capped at 70%
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Government caps trade margin on pulse oximeter, nebuliser, digital thermometer at 70 percent
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