Encouraging innovation: Government may move ‘innovative’ knee implants out of price controlInnovation

The medical devices industry has been unhappy with the price cap, arguing that it dissuades R&D in this crucial segment.

SynopsisThe National Pharmaceutical Pricing Authority (NPPA) “is deliberating on the ceiling prices of the knee implants as there have been demands from the industry to create a separate category for innovative implants”, the official said.

New Delhi: The government is looking creating a separate category for ‘innovative’ knee implants that can be kept out of price control to encourage innovations and research and development in line with demand from implant manufacturers, a senior official said.The National Pharmaceutical Pricing Authority (NPPA) “is deliberating on the ceiling prices of the knee implants as there have been demands from the industry to create a separate category

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