Industry supports government move to regulate prices of medical devices
By Santosh Koshy Joy • 12/07/2019 at 11:29AM
After capping the prices of stents and knee implants in its first tenure, Modi regime is now moving ahead to control prices of all other medical devices
The medical devices industry welcomed the move by the government’s to control prices of devices. The industry believes that regulation could help more people who are in need of medical devices. However, Rajiv Nath, Founder and Forum Coordinator of the Association of Indian Medical Device Industry (AIMED), said that the framework for regulation must be a well-thought-out one. Excerpts:
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