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Mundhe Flags 2,841% Markup On Hospital Consumables, Seeks NPPA Review
(MENAFN- Live Mint) New Delhi: Some hospital surgical consumables and medical devices are being sold at markups as high as 2,841% over their trade procurement price in certain cases, according to a Maharashtra government survey-prompting the state's food and drug regulator, Tukaram Mundhe, to seek a national review of device pricing rules.
Maharashtra Food and Drugs Administration Commissioner Tukaram Mundhe has written to the Department of Pharmaceuticals and the National Pharmaceutical Pricing Authority (NPPA), the country's drug pricing regulator, seeking a review of the survey's findings and appropriate action-including capping trade margins or bringing essential device categories under structured price monitoring.
Maharashtra Food and Drugs Administration Commissioner Tukaram Mundhe has written to the Department of Pharmaceuticals and the National Pharmaceutical Pricing Authority (NPPA), the country's drug pricing regulator, seeking a review of the survey's findings and appropriate action-including capping trade margins or bringing essential device categories under structured price monitoring.
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