Baxter to make Indian arm global hub
Baxter India, a wholly-owned subsidiary of US-based Baxter International, is planning to make its Indian operation a sourcing hub for its international pharmaceutical business. The company is panning to outsource huge quantities of active pharmaceutical ingredient (API) from Indian Pharma players for its global generic injectible markets.
Manufacturing medical devices indigenously can reduce health care costs : Dr. Reddy
The only means to cut down costs of devices and disposables, which constitute a major component of healthcare cost, is by manufacturing them indigenously in India, avers Dr. Krishna Reddy, chairman of Relisys Medical Device – Drugs. According to Dr. Reddy, 60 to 70 percent costs of major procedures is contributed by the devices and disposables. The cost of the procedures can be brought down by bringing down the cost of devices. Currently, almost 90 percent of devices and disposables are being imported at international prices.
Metropolis Health to foray abroad
The Mumbai-based Metropolis Health Services (India), a Rs. 45 crore group which runs chain of clinical diagnostic centers across the country, has decided to go global. Metropolis, touted as the largest service provider of its kind in the country, is now planning to foray into the SAARC region, West Asia, Africa and UK.
Medicare Incin to set up bio-medical waste facilities in four cities
The Hyderabad-based Medicare incin, a Ramky group company is setting up five new Bio-Medical Waste Management facilities one each at Amritsar, Kolkata, Madurai, Mangalore and Salem with a total investment of Rs. 10 crore, with each facility costing Rs. 2 crore.
Bar Code Technology
For Healthcare Sector
EAN India is on an aggressive drive to educate the healthcare sector to implement EAN UCC (uniform code council) standards, which insists on use of bar codes to minimize errors in patient care.