AMTZ, Kyrgyzstan Govt Ink MoU For Supply Of Medical Equipment

Andhra Pradesh MedTech Zone (AMTZ) has inked a Memorandum of Understanding (MoU) with the Kyrgyzstan government for the supply of medical equipment.

Kyrgyzstan Federal Minister of Health visited Andhra Pradesh MedTech Zone Limited. He toured the production and research facilities of industry leaders including Transasia Bio-Medicals Ltd., Molbio Diagnostics, and Time Medical Systems, among other centers of AMTZ. An MOU has been signed with Kyrgyzstan for supply of medical equipment from AMTZ.

AM Naik, Madhusudan Kela Invest In Medical Devices Company S3V Vascular Technologies

Mysore-based S3V Vascular Technologies Ltd, a medical devices manufacturing company focused on neurovascular devices to treat strokes, has raised a series B round of funding from investors including former L&T chairman AM Naik and veteran investor Madhusudan Kela, the company’s founder told Moneycontrol in an interaction.

Concept Medical Receives USFDA IDE Approval For MagicTouch AVF Indication

AHMEDABAD: Gujarat based Concept Medical, a leading company in innovative medical device technology, has announced approval of an Investigational Device Exemption (IDE) for its US FDA breakthrough designated MagicTouch AVF for the treatment of stenotic lesions of Arteriovenous Fistula (AVF) in the Haemodialysis management of Chronic Renal Failure.

Warburg Buys Majority Stake In Ophthalmic Device Company Appasamy

The latest deal follows Warburg Pincus acquiring about 67% stake in Coimbatore-based bath fittings brand Watertec India at ₹2,600-₹2,800 crore (about $340 million) valuation in 2023. The PE firm's other investments in the Indian healthcare sector include Meril Life Sciences, MedPlus, Laurus Labs, and Metropolis Healthcare.

Hindustan Syringes Launches Dispojekt To Reduce Needle Stick Injuries

Company aims to capture 60-70% of disposable syringes market in India.

The Company Is Aiming To Initially Produce 200 Million Syringes And Needles Per Annum, For Which We Have Invested Approximately Rs 70 Crore In The First Phase.