Nation Current Affairs 30 Jan 2019 Domestic stent units ...

Domestic stent units apply for price exemption

DECCAN CHRONICLE.
Published Jan 30, 2019, 12:43 am IST
Updated Jan 30, 2019, 12:43 am IST
The Gujarat-based company Meril Life Sciences approached government for price exemption under the Drug Price Control Order of 2013. 
The company states that the DPCO 2013 order is not applicable when a new drug is developed through a unique, indigenous process and there could be exemption granted up to five years.    (Representational Image)
 The company states that the DPCO 2013 order is not applicable when a new drug is developed through a unique, indigenous process and there could be exemption granted up to five years. (Representational Image)

Hyderabad: The first indigenous bio-resorbable coronary stent MeRes 100 has applied to the expert committee of the National Pharmaceutical Pricing Authority for exemption from the government’s notified price ceiling for stents.

The Gujarat-based company Meril Life Sciences approached government for price exemption under the Drug Price Control Order of 2013. 

 

The company states that the DPCO 2013 order is not applicable when a new drug is developed through a unique, indigenous process and there could be exemption granted up to five years. NAPPA authorities have referred their proposal to an expert panel. 

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Location: India, Telangana, Hyderabad




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