•Earlier this year NPPA slashed the prices of heart stents by up to 75%. Now NPPA has struck again this time cutting Knee implants cost upto 69% with immediate effect.
•Every year, up to 1.5 lakh knee replacement procedures are carried out in India.
•Cobalt-chromium implants used in total knee replacement will cost ₹54,720 which costs ₹1.5-2.5 lakh right now (effective reduction of 65%)
•Titanium and oxidised zirconium implants are capped at max ₹76,600 compared to ₹2.5-4.5 lakh earlier.
•High flexibility implants will cost ₹56,490 than ₹181,728 at present.
•But the real issue here is these cappings already hampered the quality of stents. Now the question will this be the same case with knee implants? Although it's good for poor patients but this can seriously compromise the quality of implants being provided as the larger players tend to withdraw superior tech from INDIA.
•Back then Abbott withdrew its revolutionary dissolvable stent called Absorb, which was priced at Rs 1.9 lakh. Other stent called Xience Alpine was priced at Rs 1.5 lakh was also withdrwan
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