Indian government confirms price caps on orthopedic knee implants
HONG KONG The Indian government has just announced a move to cap prices on orthopedic knee implants. In a statement published on Aug. 16, the National Pharmaceutical Pricing Authority (NPPA) listed the ceiling price for each type of knee implants. The price range goes from ₹54,000 (US$841) to ₹114,000 (US$1,776).
J&J devices outperform pharma in Q2, boosted by acquisitions, restructure
Medical device sales growth beat out that for pharmaceuticals in the latest quarter from Johnson & Johnson. That comes scarcely a year and a half after the conglomerate announced a restructuring of its devices business in the face of non-existent growth. Key to the boost has been acquisitions, which drove much of this quarter's gains.
Obesity devices fail to launch despite their potential in preventing type 2 diabetes
Weight loss on the order of just 5 percent to 10 percent can prevent or delay type 2 diabetes development. But general practitioners in the U.S. aren't routinely offering medical options to help patients get there, leaving several recently FDA-approved weight loss aiding medical devices usually off the table for treatment of even prediabetic and newly diagnosed type 2 diabetes patients.