In the US, the Manufacture of Medical Devices and Supplies Includes 12,000 Companies with Combined Annual Revenue of about $50 Billion

In the US, the manufacture of medical devices and supplies includes 12,000 companies with combined annual revenue of about $50 billion. Large manufacturers include Johnson & Johnson, Baxter, Medtronic, and Boston Scientific.....

Medical Device Companies Quick to Adopt Ethics Standards to Combat Fraud and Abuse, Finds PricewaterhouseCoopers Survey

Recognizing the need to bolster compliance activities in an era of increasing governmental scrutiny, the nation's largest medical device companies have proactively embraced a code of ethics with nearly universal adoption of standards to combat fraud and abuse of sales and marketing practices, according to a PricewaterhouseCoopers survey released today at the Medical Device Regulatory Compliance Congress, held on the campus of Harvard University.....

Essel Propack forays into medical devices business. Acquiring 2 companies - Tacpro Inc., USA & Avalon Medical Services, Singapore

Essel Propack, world's largest manufacturer of laminated tubes, with manufacturing in 13 countries through 21 plants, is acquiring 85% stake in Tacpro Inc., USA, and Avalon Medical Services Pte Ltd, Singapore.....

Need for joint implants to jump

Long life, scientific advances, obesity responsible for increasing demand for knees, hips

As Americans live longer, exercise more and become increasingly obese, the number of artificial joints that will be needed to replace damaged knees will jump 673 percent by 2030 to 3.48 million a year, according to a new study.

The need for artificial hips will climb 174 percent over the same period to 572,000 a year.....

Health Ministry's Guidelines For Import, Manufacture of Medical Devices Effective From March 1

The Union ministry of health and family welfare has come out with the guidelines for licensing of import and manufacture of medical devices in India. The guidelines for the devices including Cardiac Stents, Drug Eluting Stents.....

"Regulation Will Help Growth of Medical Devices Sector In India"


Govt To Spend Rs 360 Cr On Health Regulator

National Drug Authority, Modelled On USFDA, To Improve Quality Of Drugs & Clinical Trials.

The government is planning to spend about Rs 360 crore in the next four-five years in capacity building of the proposed healthcare and pharma regulator, National Drug Authority (NDA).