Govt slashes cardiac stent prices by over 75 per cent
India's drug pricing watchdog, the National Pharmaceutical Pricing Authority, has slashed the prices of life-saving coronary cardiac stents by over 75 per cent—a move expected to bring relief to many patients burdened by high angioplasty costs.

In a notification on Tuesday afternoon, the regulator said it has capped the ceiling prices of Drug Eluting Stents (DES) and Bioresorbable Vascular Scaffolds (BVS) at Rs 29,600.

Over 90 per cent of stents implanted in India are DES — metal stents coated with a drug that will prevent the arteries from closing again. Before NPPA's notification, the Maximum Retail Prices (MRPs) of DES in India ranged anywhere from Rs 40,000 to Rs 1.95 lakh, according to industry sources across the stent value chain.

NPPA has also capped the ceiling price of Bare Metal Stents (BMS) at Rs 7,260. BMS, regarded the most basic of stents because they don't have any drug coating or covering, earlier had MRPs ranging between Rs 10,000 to Rs 15,000.

Read more at:
http://economictimes.indiatimes.com/articleshow/57137874.cms
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