Price War
Business Today|May 21, 2017

Two global majors seek to withdraw stents after price cap. But the NPPA is unlikely to budge.

Joe C. Mathew
Price War

On April 26 , the National Pharmaceutical Pricing Authority (NPPA) scuttled plans of global medical device manufacturers Abbott and Medtronic to withdraw some high-end cardiac stents from the market. Abbott had sought permission to discontinue the marketing of Xience Alpine and Absorb BVS brands while Ireland-based Medtronic wanted to withdraw its ‘Resolute Onyx Zotarolimus Eluting Coronary Stent System’. Their reasons were the same -- these had become commercially unviable after the NPPA’s February order capping prices of stents that can be sold in India.

هذه القصة مأخوذة من طبعة May 21, 2017 من Business Today.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة May 21, 2017 من Business Today.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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