The Ministry of Chemicals and Fertilizers vide its notification dated 31st March 2020 has stated that the medical devices intended for use in human beings or animals shall be regulated by the government as drugs for quality control and price monitoring.
Those medical devices shall be governed under the provisions of the Drugs (Prices Control) Order, 2013, (DPCO) with effect from 1st April 2020
Therefore the Maximum Retail Prices (MPRs) of all the Medical Devices would be monitored by the Government under the provisions of Para 20(1) of the DPCO, 2013 to ensure that no manufacturer/importer increases the MRP of a drug more than ten percent of MRP during the preceding 12 month and where the increase is beyond ten percent of maximum retail price, it shall reduce the same to the level of ten percent of maximum retail price for next twelve months.
Click here to read the Notification.
