Medical Devices need a Competent Regulatory Body. Right from trade margin rationalization to ensuring a separate set of legislations and regulatory frameworks to govern the medical device sector and everything in between needs to be looked at afresh to galvanize domestic manufacturing. India should not succumb to US pressure on pharma price ... India should not succumb to US pressure on pharma price control. India, which imports 80% of its medical devices requirement, in 2018 had the import bill of over ₹38,837 crore, which forms about 58% of the ₹64000 crore health budget

AIMED applauds Niti Aayog’s note on rationalization of ... New Delhi: “We welcome the move to rationalize and cap Trade Margins as has been long suggested by us which will help consumers and manufacturers,” mentioned Mr Rajiv Nath, Forum Coordinator of Association of Indian Medical Device Industry (AiMeD) while welcoming the recent concept note on the rationalization of trade margins in medical devices. A winning situation from US-India trade deal Rationalising the trade margin of medical devices will not only allow to bring in affordability but also accessibility to latest technology and paving way for premium devices into the Indian market which had been blocked “The recent development in the India-US trade deal would act as a catalyst for foreign direct investment in India. Govt’s Plans of Capping the Trade Margin of Medical ... While hailing Govt’s move to rationalize and cap Trade Margins in Medical Devices to achieve the overall goal of affordable healthcare for all by making all critical and lifesaving medical devices available at affordable prices, Mr. Rajiv Nath, Forum Coordinator of Association of Indian Medical Device Industry (AiMeD) strongly emphasized that if the Government plans to bring down prices of Pharma body IPA not in favour of extending trade margin ...

Will price caps treat India’s ailing hearts - Firstpost

AIMED applauds Niti Aayog’s note on rationalization of ... New Delhi: “We welcome the move to rationalize and cap Trade Margins as has been long suggested by us which will help consumers and manufacturers,” mentioned Mr Rajiv Nath, Forum Coordinator of Association of Indian Medical Device Industry (AiMeD) while welcoming the recent concept note on the rationalization of trade margins in medical devices. A winning situation from US-India trade deal Rationalising the trade margin of medical devices will not only allow to bring in affordability but also accessibility to latest technology and paving way for premium devices into the Indian market which had been blocked “The recent development in the India-US trade deal would act as a catalyst for foreign direct investment in India. Govt’s Plans of Capping the Trade Margin of Medical ...

Opening Global Markets AdvaMed’s Global Strategy and Analysis department works to level the playing field for medical technology companies across borders by advocating for trade, regulatory and reimbursement practices that are fair, transparent and predictable worldwide. Our team of international policy experts works with U.S. and foreign health care and government officials, and with

Jun 29, 2018 · Based on this, the report suggests capping trade margins (the difference between price to distributors and retail price) at 50% for medical devices, whether produced domestically or imported. How to Rationalise trade margins in medical devices: NITI ... Jun 11, 2018 · Stakeholders can submit their comments or suggestions by 15 June 2018 at medical.devices.consultation@gmail.com. New Delhi: Niti Aayog has released medical device concept note on its official website and has invited suggestions for rationalization of trade margins in medical devices.Stakeholders can submit their comments or suggestions by 15 June 2018 at … Rework trade margin plan on medical devices: PMO to Niti ... Sep 15, 2018 · Rework trade margin plan on medical devices: PMO to Niti Aayog Association of Indian Medical Device Industry (AIMED), which represents Indian medical device companies, wrote a letter to PMO on August 27 stating that “not only retailers and hospitals” but the importers too “enjoy irrational margins in the supply chain”.

Feb 13, 2020 Healthcare industry in India against rollback of price controls. replace price caps on medical devices with that of regulation on trade margins, They also said trade margin rationalisation won't be applicable on all US-made 

Exclusive: India, U.S. closing in on package deal to ...

Margin controls would permit manufacturers of medical devices to continue to innovate and compete based on the value of the technology.

While there are a few alternatives to control the prices of drugs and medical devices, Rationalization of Trade Margins seems to be a more balanced approach to  Jan 4, 2019 Our expectations for 2019- High custom duties on medical devices Trade Margin Rationalization– The industry recommendation of TMR as a 

Welcome to the Med Dev forum! In our community forums you can search and post about medical devices - consider this as a Wikipedia for Medical devices. Feel free … India U.S. trade deal - Why trade deal could not take place Sep 25, 2019 · For this, the US had sought the removal of price caps (Trade Margin Rationalization) on medical devices and greater access for dairy products and some other categories of agricultural goods. India on the other hand wanted the reinstatement of preferential market access to U.S. markets under the Generalized System of Preferences (GSP) program.