evidence: New Delhi: India’s drug pricing regulator capped the prices of knee implants on Wednesday, in a move that is expected to reduce product prices by as much as 69%. [...] The most widely used complete knee implant (cobalt chromium) will now cost Rs54,720, excluding goods and services tax (GST) as against Rs1.58 lakh earlier, according to a notification issued by government’s price regulator. [...] The price of drug eluting or drug-coated stents were slashed by NPPA to about Rs30,000 from as much as Rs2 lakh. The move, which was preceded by several rounds of deliberations with companies, had upset manufacturers who said the new prices dissuade research and development.