Health and MSMF team up with BIRAC to set up advanced Med Tech Innovation Centre
The Narayana Health and Mazumdar Shaw Medical Foundation (MSMF) have set up an
advanced Med Tech Innovation Centre (MTIC) in collaboration with Biotechnology
Industry Research Assistance Council (BIRAC)ís BIONEST. This centre is India's
first corporate hospital-based technology business incubator (TBI) for MedTech
entrepreneurs working on innovations to address affordability, access and
innovation for healthcare challenges...
Poly Medicure to
enhance R&D capabilities to deliver high quality medical devices
Poly Medicure, a leading Indian manufacturer and exporter of medical devices, is
planning to invest in newer technologies and is enhancing its R&D capabilities
to deliver high quality medical devices at affordable prices...
cos ask DoP to reduce threshold investment limit to Rs. 75 to 90 crore from Rs.
180 crore under PLI Scheme
Medical device manufacturers have urged the Department of Pharmaceuticals (DoP)
to consider reducing threshold investment limit in range of Rs. 75 to Rs. 90
crore from Rs. 180 crore for domestic manufacturers in the Production Linked
Incentive (PLI) Scheme for promoting domestic manufacturing of medical
device park to come up in Uttar Pradesh
Simultaneously, it is also setting up an electronics park, apparel park,
handicraft park and toy park...
New medical device
regulations may affect patent filings for medical device inventions in India
The medical device sector is one of the fastest growing industries in India and
has witnessed a steady double-digit growth. A study conducted by Deloitte in
association with the Indian Health Care Federation revealed that the Indian
medical device market is expected to reach the market size of $50 billion by
On track to produce
177.6 million auto-disable syringes for government by March: HMD
"The front runner COVID vaccines being launched in India would need a 0.5ml AD
syringe for intramuscular drug delivery we are informed. In addition to the
annual procurement of 300-350 million of these syringes by GoI for the Universal
Immunisation Programme, additional orders have been placed on us by the Ministry
of Health and Family Welfare," HMD MD Rajiv Nath said...
Haryana set to
become hub of medical devices as around 100 industrial units set up plants in
Haryana, the erstwhile popular hub of pharmaceutical formulations in the
northern part of the country, is now turning out to be the centre of the medical
devices industry to manufacture and sell elite medical diagnostic instruments...
in Indian healthcare industry
During this COVID-19 pandemic, the entire healthcare industry is facing issues
like sudden demand for personal protective equipment, consumables, medicines as
well as medical equipment and simultaneously there is a major decrease in
revenues. It has become imperative to find innovative ways to make the industry
self-sustaining and back on the growth curve...
A Few Thoughts on
Medical Plastics in the Time of COVID-19
COVID, COVID, COVID. As I sat down to write my usual year-end review of plastics
in the medical space, thatís what ran through my mind. Of course, there was
nothing remotely normal about 2020, thanks to a once-in-a-century global
pandemic. In keeping with a most unusual year, I thought it appropriate to forgo
the customary top 10 list and share some random reflections inspired by the top
medical stories of 2020 on the PlasticsToday site...
central aid, medical device park to take shape
Gandhinagar: The government of Gujaratís ambitious proposed medical device park
at Nagalpar, near chief minister Vijay Rupaniís hometown Rajkot, may have hit a
roadblock with the central government not approving financial assistance for the
project. However, if sources in the state government are to be believed, the CM
has directed officials to go ahead with the project even without financial
assistance from the Centre...
Entrepreneurship Competition sees cutting-edge inventions
Eleven startups and three students won the annual National Bio Entrepreneurship
Competition (NBEC) organized in Bengaluru for a series of cutting edge
developments and research...