NPPA Revises Ceiling Prices Of Coronary Stents
New Delhi: Through a recent notification, after considering the Wholesale Price Index (WPI) at 0.00551% for the year 2023 over 2022, the National Pharmaceuticals Pricing Authority (NPPA) has revised and fixed the ceiling price of the two Coronary Stents, Bare Metal Stents and Drug Eluting Stents (DES) including metallic DES and Bioresorbable Vascular Scaffold (BVS)/ Biodegradable Stents.
According to the new price notified by the drug price regulator, the ceiling price of Bare Metal Stent is Rs 10509.79, and Drug Eluting Stents (DES) including metallic DES and Bioresorbable Vascular Scaffold (BVS)/ Biodegradable Stents are Rs.38267.18.
A bare-metal stent is a stent made of thin, uncoated (bare) metal wire that has been formed into a mesh-like tube. The first stents licensed in cardiac arteries were bare metal – often 316L stainless steel. More recent “second generation” bare-metal stents of cobalt-chromium alloy have been made. While plastic stents were first used to treat gastrointestinal conditions of the esophagus, gastroduodenal, biliary ducts, and colon, bare-metal stent advancements led to their use for these conditions starting in the 1990s.
Drug-eluting stents (DES) are vascular prostheses used by interventional cardiologists to reopen and maintain patent coronary arteries narrowed by arteriosclerosis.
|
Sl. No. |
Coronary Stents (Sl. No. 28 in Schedule-I of the DPCO, 2013) |
Unit (in Number) |
Ceiling price (wef 1.4.2024 with WPI @0.00551%) (in Rs.) |
|
(1) |
(2) |
(3) |
(4) |
|
1 |
Bare Metal Stents |
1 |
10509.79 |
|
2 |
Drug-eluting stents (DES) including metallic DES and Bioresorbable Vascular Scaffold (BVS)/ Biodegradable Stents |
1 |
38267.18 |
The notification further added:
(a) All the existing manufacturers/importers of Coronary Stents having MRP lower than the ceiling price specified in column (4) in the above table (plus Goods and Services Taxes as applicable, if any), may revise the existing MRP of Coronary Stent, based on WPI @ 0.00551% for the year 2023 over 2022 by Paragraph 16(2) of DPCO, 2013, read with Para 13(2) of DPCO, 2013.
(b) The manufacturers/importers of Coronary Stents may add Goods and Services Taxes only if they have paid actually or if it is payable to the Government on the ceiling price mentioned in column (4) of the aforesaid table.
(c) As per Para 24(4) of DPCO 2013, every retailer and dealer shall display the price list and the supplementary price list, if any, as furnished by the manufacturer/importers, on a conspicuous part of the premises where he carries on business in a manner to be easily accessible to any person wishing to consult the same.
(d) The manufacturers not complying with the ceiling price and notes specified hereinabove shall be liable to deposit the overcharged amount along with interest thereon under the provisions of the Drugs (Prices Control) Order, 2013 read with Essential Commodities Act, 1955.
To view the official notice, click the link below:
