The Indian Department of Pharmaceuticals is slated to create a new regulatory body to oversee pricing and promotion of medical devices in India, the Times of India reports.
The proposal was made in a draft, titled the “National Medical Device Policy 2015”, from India’s DOP, which stated a major focus for the department will be on “reducing the dependence on imports and setting up a strong base for medical devices especially those having critical implications in terms of affordability and availability for patients,” reported PharmaBiz.com.
The new body will create benchmarks for medical devices based on best practices, reported PharmaBiz, with the “objective of promotion of the medical device industry to make the country not only self reliant but also a global hub of production and innovation in medical devices.”
The new governing body will be known as the National Medical Device Authority, according to reports from The Times of India.
The announcement comes a month after India’s health ministry said it would create a new program to monitor adverse events in medical devices
