Trade margin rationalisation

According to the NPPA, the rationalisation of trade margins will lead to an MRP reduction of 50-75% in the case of 124 brands. In the case of another 121 brands, the reduction will be 25-50% and up to 87% in some cases. The price rationalisation move is expected to benefit 22 lakh cancer patients in the country. According to the NPPA, the rationalisation of trade margins will lead to an MRP reduction of 50-75% in the case of 124 brands. In the case of another 121 brands, the reduction will be 25-50% and up to 87% in some cases. The price rationalisation move is expected to benefit 22 lakh cancer patients in the country. New Delhi: With a view to achieve the overall goal of affordable ‘healthcare for all’, government think tank Niti Aayog on Saturday sought suggestions for rationalisation of trade margins in

17 Mar 2019 drugs under price control through trade margin rationalisation. drugs (as was done in the case of stents) or by capping the trade margins. Trade margin rationalisation. The Global Healthcare Access and Quality Index (2018) ranks India at 145 among 190 nations, lower than Bangladesh, Sudan and Equatorial Guinea. Imposing trade margin rationalisation involves imposing a cap on upstream margins across the entire value chain, rather than imposing caps on prices of products downstream. The ramifications of the decision taken by the National Pharmaceutical Pricing Authority (NPPA) of capping prices are unravelling slowly. Trade margin is the difference between the price at which overseas or Indian manufacturers sell to trade (price to trade) and the price to patients (maximum retail price), and TMR (Trade Margin

Imposing trade margin rationalisation involves imposing a cap on upstream margins across the entire value chain, rather than imposing caps on prices of products downstream. The ramifications of the decision taken by the National Pharmaceutical Pricing Authority (NPPA) of capping prices are unravelling slowly.

15 Nov 2019 Importers have been lobbying to be kept outside the purview of trade margin rationalisation. By accepting their demand, the government would  The National Pharmaceuticals Pricing Authority (“NPPA”) brings out the “Trade Margin Rationalisation Approach” (Approach) considering the high trade margin   3 Mar 2020 Price Caps are needed over the initial consumer protection safety net of capped trade margins when, for identical product specifications, there  2 Jul 2018 Sanjay Bhutani - Under the proposed Trade Margin Rationalization regime, manufacturers would be allowed to offer a limited price margin for  11 Sep 2019 The medical devices sector wants the government to bring in the trade margin rationalisation for its products, as the industry also looks for a  31 Jan 2020 Many healthcare experts are of the opinion that Trade Margin Rationalisation lays the roadmap to create a robust healthcare ecosystem.

27 Feb 2019 'Trade Margin Rationalisation Approach'. And therefore, in order to bring in regulation of drugs in the. 'non-scheduled' segment the 

Innovations in healthcare, the dynamics of quality treatment and affordability for patients—you cannot foster one and stifle the other. For a country that relies on global players for 75% of all its medical device needs, decisions like trade margin rationalisation (TMR) are capable of shifting the dynamics of the healthcare regime here. The trade margin is the difference between the price at which the manufacturers/importers sell to stockists and the price charged to consumers. “The government is geared up to apply the trade margin rationalisation formula to the drugs in order to bring down the prices. The medical devices sector wants the government to bring in the trade margin rationalisation for its products, as the industry also looks for a single regulatory authority, according to the medical Rationalization of trade margins of medical devices may reduce MRP by 73 %. Margin controls would permit manufacturers of medical devices to continue to innovate and compete based on the value of the technology. Trade margin rationalization should be based on a comparable PTT (Price to trade) and not landed cost basis in the case of imports, as it does not consider other intermediate expenses such as training clinicians on the technology, providing technical support to clinicians or patients for the product, investment on creating therapy awareness and skill development of clinicians, financing sales and collection costs in India, paying Indian corporate taxes, and other normal expenses for 8th June 2018 Rationalization of Trade Margins in Medical Devices – A Consultation Paper. Medical devices industry has been growing at a rapid pace and is currently estimated to have a market size of $ 10 billion. It is likely to reach a size of $ 20 billion in next couple of years.

14 Oct 2019 “The government is geared up to apply the trade margin rationalisation formula to the drugs in order to bring down the prices. We are weighing 

Trade margin rationalisation. The Global Healthcare Access and Quality Index (2018) ranks India at 145 among 190 nations, lower than Bangladesh, Sudan and Equatorial Guinea. Imposing trade margin rationalisation involves imposing a cap on upstream margins across the entire value chain, rather than imposing caps on prices of products downstream. The ramifications of the decision taken by the National Pharmaceutical Pricing Authority (NPPA) of capping prices are unravelling slowly. Trade margin is the difference between the price at which overseas or Indian manufacturers sell to trade (price to trade) and the price to patients (maximum retail price), and TMR (Trade Margin Innovations in healthcare, the dynamics of quality treatment and affordability for patients—you cannot foster one and stifle the other. For a country that relies on global players for 75% of all its medical device needs, decisions like trade margin rationalisation (TMR) are capable of shifting the dynamics of the healthcare regime here.

15 Nov 2019 Importers have been lobbying to be kept outside the purview of trade margin rationalisation. By accepting their demand, the government would 

26 Jan 2020 As part of the margin rationalisation, SEBI is likely to lower margins, In November 2019, SEBI had asked trading and clearing members to 

11 Sep 2019 The medical devices sector wants the government to bring in the trade margin rationalisation for its products, as the industry also looks for a  31 Jan 2020 Many healthcare experts are of the opinion that Trade Margin Rationalisation lays the roadmap to create a robust healthcare ecosystem. 9 Jun 2018 The Aayog in a concept note titled 'Rationalisation of Trade Margins in Medical Devices—A Concept Note' said the government intends to  24 Sep 2019 In the absence of price caps, the affordability of medical devices will continue to be compromised because trade margin rationalisation is a  30 Jun 2018 Imposing trade margin rationalisation involves imposing a cap on upstream margins across the entire value chain, rather than imposing caps