NPPA issued clarification regarding increase

Oct 11, 2023 | by TeamLease RegTech Legal Research Team

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Industry Specific Compliance The National Pharmaceutical Pricing Authority (NPPA) regarding fixing of the ceiling prices of Orthopedic Knee Implants for Knee Replacement System w.r.t. Notification No. S.O. 4078(E) dated September 15, 2023.

The NPPA has received requests from various stakeholders to clarify the aforesaid Order with regard to increase in price. Thus, it is clarified that w.e.f. September 16, 2023, the manufacturers/importers of knee implants can avail an increase in Maximum Retail Prices (MRP) of Knee Implants up to 10% of MRP during the preceding 12 months.

[File No 20 (8) /13/2019/Div. III/NPPA]

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