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Trivitron Healthcare Eyes Over Rs 1,000-Crore Revenue In FY'22

Trivitron Healthcare currently has nine manufacturing facilities across five locations - Chennai, Mumbai, Pune, Ankara and Helsinki -- and is in the process of constructing the tenth facility in Patalganga in Maharashtra...

Nagpur : Research Will Make Cochlear Implants 50% Cheaper Says Nitin Gadkari

NAGPUR: Union minister Nitin Gadkari, on Thursday, revealed that the Defence Research and Development Organisation (DRDO) has developed an indigenous multi-electrode cochlear prothesis for the benefit of profoundly deaf people which will cut the cost of cochlear implants surgeries in India by 50%...

Medtech Firm Axio Biosolutions Lands $5.2M Funding Led By Omidyar

The company plans to use the funds raised to expand its footprint, especially in the United States and Western Europe, while continuing to develop novel surgical and wound care products for the global market...

Medical Devices Trade Margins Likely To Be Capped At 30%

The government seems to have found a middle ground between demands of the domestic industry and global MNCs investment. While it has decided to abandon the price cap regime for medical devices (as in the case of stents and knee implants), a limit of 30%...

NGOs Ask Govt To Reject US’ Demand To Adopt “TRIPS-Plus” IP Provisions And To Do Away With Price Caps On Medical Devices

A large number of NGOs working in the health and related fields in the country have demanded to the Indian government to reject the United States’ demands for India to adopt “TRIPSplus” intellectual property provisions and to do away with the price caps on medical devices..