India cuts stent prices by more than 7%

India has cut prices of some stents by about 7.6 percent, a government body said on Monday, in the latest setback for the country’s $5 billion medical device industry. Prices of Drug Releasing Stents — small wire-mesh structures used to treat blocked arteries — have been slashed to 27,890 rupees ($433.82), from 30,180 rupees, the […]