NPPA issues clarification on discontinues the sale of coronary stent in Indian Market

Feb 26, 2018 | by Avantis RegTech Legal Research Team

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National Pharmaceutical Pricing Authority (NPPA) vide office memorandum dated February 21, 2018has decided not to disallow any application submitted forwithdrawal ofstents, from the market by the stent manufacturer/importers.

Anymanufacturerintending to discontinueproduction or import ofany Coronary Stentshallfurnish information to the NPPA, in respect ofdiscontinuation ofproduction and/orimportin Form-IV ofSchedule-II of the DPCO, 2013 atleast 6 months priorto the intended date of discontinuation as prescribed under paragraph 21(2) ofthe DPCO, 2013 andfollow the ceiling price in such manner andtillsuch a time prescribed bythe Government.

[F.No.20 (8)/2018/Div-III/NPPA/]

URL: http://www.nppaindia.nic.in/order/coronarystent_discontinuation(21022018).pdf

 


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