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Govt Cuts Down Trade Margins From 702% to 70%; Oximeters And 4 Other Devices To Get Cheaper

The government capped the trade margins of critical medical devices, including oximeter and digital thermometer, used extensively in the treatment and prevention of Covid-19, at 70 per cent in order to bring down prices. The National Pharmaceuticals Pricing Authority (NPPA) has invoked extraordinary powers under the Paragraph 19 of DPCO, 2013, to put a cap on trade margin of five …

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