This story is from April 25, 2017
Centre cracks whip, no stent can be withdrawn, for now
NEW DELHI: The government has invoked special powers under the law to prohibit stent makers from withdrawing their products from the market for the next six months.
Amid reports that several manufacturers, including
Besides, the companies have also been directed to submit a weekly report on coronary stents produced and distributed, along with the production plan for the next week to the NPPA and the
The department of pharmaceuticals (DoP) said it had come across reports regarding shortage of coronary stents in the market and in hospitals. “After due deliberations on the current situation and the alternatives available with the government to resume normal supply of the coronary stents, it has been decided to invoke the powers of Section 3 (i) of DPCO, 2013...,“ the DoP said in a letter issued to Abbott Healthcare.
Sources said similar letters had been sent to all stent manufacturers.
Section 3(i) of the Drugs Price Control Order empowers the government to direct companies to maintain or increase production “in case of emergency , or in circumstances of urgency or in case of non-commercial use in public interest“.
The DoP said the order would be valid for the next six months, and the NPPA and the DCGI would recommend its withdrawal or extension, as the case may be, two weeks before the expiry of the period.
Abbott and Medtronic -two major players in the segment -have submitted applications with the NPPA seeking to withdraw some of their premium stents. Other multinational companies are also contemplating similar moves, sources said.
Abbott, which has sought to pull out its premium dissolvable stent Absorb and
Abbott
andMedtronic
, are seeking to withdraw premium, high-priced stents from the Indian market on account of the price cap imposed by National Pharmaceutical Pricing Authority (NPPA
), the government has directed companies to maintain production, import and supply of coronary stents to avoid any shortage.Besides, the companies have also been directed to submit a weekly report on coronary stents produced and distributed, along with the production plan for the next week to the NPPA and the
Drugs Controller General of India
(DCGI).The department of pharmaceuticals (DoP) said it had come across reports regarding shortage of coronary stents in the market and in hospitals. “After due deliberations on the current situation and the alternatives available with the government to resume normal supply of the coronary stents, it has been decided to invoke the powers of Section 3 (i) of DPCO, 2013...,“ the DoP said in a letter issued to Abbott Healthcare.
Sources said similar letters had been sent to all stent manufacturers.
Section 3(i) of the Drugs Price Control Order empowers the government to direct companies to maintain or increase production “in case of emergency , or in circumstances of urgency or in case of non-commercial use in public interest“.
The DoP said the order would be valid for the next six months, and the NPPA and the DCGI would recommend its withdrawal or extension, as the case may be, two weeks before the expiry of the period.
Abbott, which has sought to pull out its premium dissolvable stent Absorb and
Xience Alpine
from India, cited “commercial unsustainability“ as the reason. Medtronic said its “decision to withdraw or introduce products is made only after taking into consideration all guidelines and norms set by the government“.Top Comment
Balachandran Nair V
2762 days ago
Let rules be followedRead allPost comment
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