Industry News


Industry News
Global Trends
Events Calendar
Web Links

Web Gallery

Advertising  Info



Hindustan Syringes Sends Over 56 Million Pieces to Covax Facility

NEW DELHI: Hindustan Syringes and Medical Devices, one of the largest suppliers of syringes, has sent its first shipment of 56 million pieces of auto disable syringes to Covax facility as the race for safe and effective vaccine continues.

The Covax facility, which seeks to pool in resources to accelerate the development of promising candidates for Covid-19 which will be made accessible to all the participating countries, has ordered 140 million pieces which are to be supplied between August and December.

“We have shipped out more than 56 million pieces of 5 ml auto disabled (AD) syringes for intra muscular syringes,” said Rajiv Nath, managing director of Hindustan Syringes, even as the company awaits advisory from the Indian government’s on the procurement of syringes for vaccination.

In the last few days demand has come forward from other countries like Japan and US for disposable syringes and Indonesia for auto disposable syringes as the countries rise start to stockpile.

The company has even scaled up its production capacity to one billion from 700 syringes a year.

However, the Indian government is yet to make a move. “We plan to allocate 50% of the total for the government of India and 50% for export as we have got a global responsibility. added Nath.
pharmaceuticals/hindustan-syringes-and-medical-devicesships-over-56m-syringes-to-covax-facility/articleshow/78439487.cms , Oct 02, 2020

Japan Commits Rs 3500Cr To Strengthen Indian Health Sector

The Govt. of Japan has committed Official Development Assistance loan of an amount of JPY50 billion (approx. Rs. 3,500 crore) for the COVID-19 Crisis Emergency Response Support.

The Notes were exchanged between Dr. C.S. Mohapatra, Additional Secretary, Department of Economic Affairs, Government of India, and Suzuki Satoshi, Ambassador, Embassy of Japan to India for a health sector programme loan to fight the COVID-19 crisis.

Subsequent to the Exchange of Notes, Loan Agreement for this programme loan was signed between Dr. C.S. Mohapatra, Additional Secretary, Department of Economic Affairs, Ministry of Finance, Government of India and Katsuo Matsumoto, Chief Representative, JICA, New Delhi.

This programme loan aims to support India’s efforts in fighting COVID-19 and to prepare the health system to manage future epidemics and also to improve the resilience of India’s health systems against infectious diseases.

In addition, notes were also exchanged between Dr. C.S. Mohapatra, Additional Secretary, Department of Economic Affairs, and Suzuki Satoshi, Ambassador, Embassy of Japan to India for Grant Assistance of an amount of JPY 1 billion (= approx. Rs. 70 crore) from Government of Japan.

This Grant-in-aid from Government of Japan is for providing medical equipment to strengthen the public health and medical system in India. This will strengthen the health care facilities for managing critical and serious patients suffering from COVID-19 infection.

India and Japan have had a long and fruitful history of bilateral development cooperation since 1958. In the last few years, the economic cooperation between India and Japan has strengthened and grown into strategic partnership. This further consolidates and strengthens the Strategic and Global Partnership between India and Japan.

Other News

Medical Device Industry Demands Separate Marketing Practices Code Different From Pharma Industry
COVID-19 Treatment: CDSCO Shows Green Flag To Baxter India Oxiris Filter
SCTIMST inks MoU with Tynor Orthotic to boost orthotic devices
IPC Rolls Out PPE Adverse Event Reporting Form As Part Of MvPI For Patient And Health Worker Safety
NATHEALTH and APACMED join hands to advance medical technology for UHC in India
Kraton’s BIAXAM kills up to 99.99% of microbes including SARS-CoV-2
Medical device importers ask govt to incentivize innovations for economies of scale for affordability
Goa hopes to qualify for medical device park, appoints consultant
Kerala to have one of the first medical device parks
German glassmaker SCHOTT AG appoints Pawan Kumar Shukla as MD
MEDICA and COMPAMED go virtual
Anti-bacterial film developed for touchscreen medical devices
Messe Frankfurt India plans to launch Medical Device Innovation Summit as large format event in 2020
Best time to invest in pharma, medical device sector: DV Sadananda Gowda
CHP to offer expert consultative advice for setting up medical device and pharma parks in UP
Indian Medical Device Industry, growing faster during COVID-19 pandemic
VIEW: Untold story of Indian medtech and how to make it ‘Atmanirbhar’
Govt lifts ban on export of PPE suits, face masks, hand sanitisers
From Being A Net Importer, India Now Manufactures Over 5 Lakh PPE Kits Per Day: Union Minister Sadananda Gowda
Abbott launches heart rhythm management devices in India
Ceresana Examines the World Market for Thermoplastic elastomers





Back | Back To Top | Previous | Next