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cardiac stents

Stents given to patients when unnecessary?

August 10, 2019 By Nicholas Parry Leave a Comment

Medical device - Stent Image ID: 72283970 (L). Unsafe medical devices such as stents (pictured) would incur a penalty of Rs 1 crore per a draft bill by Niti Aayog. Image credit: RAJESH RAJENDRAN NAIR / 123rf

New technologies have shown that in around thirty percent of patients cardiac stents are entirely unnecessary, according to cardiologist Dr Ramesh Babu Pothineni, the managing director of Ramesh Hospitals Group. Cardiac stents have been a matter of contention in recent years in India, primarily due to them being the focal point over the capping of […]

Filed Under: Access to Healthcare, Featured, News, Noncommunicable diseases, Science and Technology Tagged With: cardiac stents, price capping, Stents

Price caps or trade margins, what causes India’s pricing woes?

November 24, 2018 By Nicholas Parry Leave a Comment

2021 Union Budget concept. Paul Maguire, Copyright: paulmaguire / 123RF Stock Photo

Price capping of medical devices has been one of the more controversial measures the government has taken to reduce the cost of healthcare to the patient. The move drew condemnation from hospitals, claiming it would leave considerable holes in profit margins. Criticisms were also levied from the US as a number of US companies such […]

Filed Under: Featured, Government policy, Medicine and Research, News Tagged With: cardiac stents

India defiant in US dispute over price capping

June 28, 2018 By Nicholas Parry Leave a Comment

Copyright: tanyar30 / 123RF Stock Photo

India has responded to US criticism of the price capping of medical devices with defiance. It is refusing to abstain from continued price regulation. India received a specific mention in the US Special 301 reports from the National Trade Estimate Report on Foreign Trade Barriers (NTE) regarding the price capping. The report identifies India’s National […]

Filed Under: Access to Healthcare, Featured Stories, Government policy, International, News, Science and Technology, Social issues Tagged With: access to healthcare, cardiac stents, Donald Trump, Medical devices, price capping, US

Abbott Healthcare to withdraw cardiac stents from India

November 29, 2017 By Nicholas Parry Leave a Comment

Heart data concept. Copyright: tribalium123 / 123RF Stock Photo, cardiovascular, cardiac

The Indian government’s decision to cap the price mark ups imposed on cardiac stents was feared by some for its potential to cause foreign companies to simply stop marketing their stents in India. These fears appear to have come to fruition as Abbott Healthcare have recently sent requests to the National Pharmaceutical Pricing Authority (NPPA) […]

Filed Under: Access to Healthcare, Featured, Government policy, International, Medicine and Research, National, News, Noncommunicable diseases, Science and Technology Tagged With: cardiac stents, Stents

Price cap on stents, how hospitals and manufacturers may beat the cap

June 16, 2017 By Nicholas Parry Leave a Comment

Heart data concept. Copyright: tribalium123 / 123RF Stock Photo, cardiovascular, cardiac

Hospitals and manufacturers are now faced with a reduction in profits margin of up to 85 percent following the price capping of cardiac stents. The price cap has had some unintended consequences. Amongst these are the myriad of ways both hospitals and manufacturers have tried to avoid the losses imposed on them by the cuts. […]

Filed Under: Featured Tagged With: cardiac stents, Stents

Stent price caps chasing manufacturers from the market

June 13, 2017 By Nicholas Parry Leave a Comment

Heart data concept. Copyright: tribalium123 / 123RF Stock Photo, cardiovascular, cardiac

Global pharmaceutical companies are trying to withdraw from the Indian coronary stent market following a price cap introduced by the National Pharmaceutical Pricing Authority (NPPA). The price cap of stents has proven an unpopular move amongst international investors and pharmaceutical manufacturers. Some international pharmaceutical companies, such as Abbott and Medtronic have already submitted withdrawal requests […]

Filed Under: Access to Healthcare, Featured, Government policy, International, Medicine and Research, National, Science and Technology Tagged With: cardiac stents

Price cap in sight for cardiac stents

February 7, 2017 By Nicholas Parry Leave a Comment

The Indian government has declared that within 10-15 days (as of the 18th January) the price of cardiac stents is to be capped. This announcement follows a host of condemnation over the high cost of stents along with the corresponding cardiac operations. Criticism had also been aimed at the fact that Indian-produced stents were costing […]

Filed Under: Access to Healthcare, Featured, Government policy, International, Medicine and Research, National, News, Science and Technology Tagged With: cardiac stents

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