India caps prices for total knees at $852

India introduces price controls for knee implants (Reuters)
India has capped prices of orthopaedic knee implants, in the country's latest move to bring down prices of medical devices.
The introduction of price controls marks the latest step by Prime Minister Narendra Modi's government to make drugs and medical devices more affordable. In February, it imposed a 75 percent price cut for certain heart stents - wire mesh tubes used to treat blocked arteries, which caused protests among manufacturers.
India's drug pricing authority said on Wednesday that orthopaedic implants in India had unjustif...


Your friends are reading OrthoStreams daily - Are you ?

 

Unlock your access to full rich article, trends, hot startups, market reports and your daily newsletter.

Just $1/day.