Maximum retail prices for stents used in heart surgeries have been stipulated following a gazette notification by Health Ministry. The maximum retail price for Bare Metal Stents will be Rs.24,000 and Drug Eluting Stents will be Rs.105,000.
Minister of Health, Nutrition and Indigenous Medicine Dr. Rajitha Senaratne made the amendments to the current pricing schedule in accordance with the National Medicines Regulatory Act 2015. It was further stated that the current amendments may be referred to as the Medical Devices Pricing Regulations No. 05, 2017.
Accordingly, no manufacturer, importer, distributor, trader, provider, pharmacist, medical practitioner, a medical institution inclusive of a private medical institution or a person who is in possession of a medical device shall sell, offer for sale or charge for any medical device described by brand name or approved name, above the Maximum Retail Price (MRP). A receipt clearly stating the device, its brand name and make with a price is to be issued.