health π₯ Maharashtra FDA targets huge medical device price hikes
Maharashtra FDA Commissioner Tukaram Mundhe has initiated action against the high pricing of medical devices across the state. This move follows a state survey revealing markups reaching as high as 2,841% over procurement prices. The survey covered surgical consumables like IV sets and syringes used in inpatient care departments. Mundhe has requested a review of pricing rules, proposing margin capping for essential devices. He stressed this is a patient-protection issue due to information asymmetry in healthcare. π₯