India, Feb. 3 -- The National Pharmaceutical Pricing Authority (NPPA) under the Department of Pharmaceuticals (DoP) fixes ceiling prices of medicines included in the National List of Essential Medicines (NLEM) issued by the Ministry of Health and Family Welfare and incorporated in Schedule-I to the Drugs (Prices Control) Order, 2013 (DPCO, 2013). All manufacturers, marketers and importers of scheduled medicines are required to sell their products within such ceiling price (plus applicable Goods and Service Tax).
Four medical devices, namely, Bare Metal Stents, Drug Eluting Stents (DES) including metallic DES and Bioresorbable Vascular Scaffold (BVS)/Biodegradable stents, Intra Uterine Devices (IUDs) and condoms are included in Schedule-I t...