Mundhe expands crusade; targets big margins on medical consumables
India, Sept. 17 -- The Maharashtra Food and Drugs Administration (FDA) has written to the National Pharmaceutical Pricing Authority (NPPA) to cap prices on all medical and surgical consumables in hospitals.
The NPPA is an independent regulator that oversees pricing of drugs and accessibility of medicines at affordable prices.
The FDA's move follows a survey it conducted across 20-odd hospitals in the Mumbai Metropolitan Region, Pune and Sambhaji Nagar in July this year, which revealed a huge price gap between the actual procurement of medical aids and the MRP rates charged to patients. For instance, the FDA found hospital consumables like an IV infusion priced at Rs.11.05 but being sold at a printed MRP of Rs.325, a price gap of 2,841%....
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