Johnson & Johnson expects growth in hip replacement products, medical
devices through 2012
Diversified health care products company Johnson & Johnson expects
sharp growth from its medical device units over the next several
years, with orthopedic and surgical care products leading the way.
The company expects an average of 6 percent annual growth in revenue
from the surgical care unit over the next 4 years, reaching $40
billion in 2012...
Solvay Advanced Polymers Commissions New PEEK Plant in India
Solvay Advanced Polymers, makers of more plastics with more
performance has announced that it has commissioned its new commercial
PEEK (polyetheretherketone) facility at its site in Panoli, India. The
new facility is now in its start-up phase and is running initial
commercial production. The plant is capable of producing 500 metric
tons annually, and is scalable in design to double capacity to meet
demand for Solvay Advanced Polymers’ KetaSpire® PEEK and AvaSpire®
modified PEEK products...
Trivitron JVs with intl cos. to set up India's first Medical
Technology Park (MTP)
Chennai-based business group Trivitron has roped in international
partners to give India her first Medical Technology Park (MTP).
Trivitron, which makes medical technology products, has inked three
joint venture (JV) deals with Japan-based Aloka Company Ltd. (the
innovator in ultrasound), Biosystems of Spain and Brandon Medical of
the UK that would see India, for the first time, produce its own
high-end, cost-efficient medical technology products, including
critical care equipments...
Medical Devices Made with Tainted Heparin Recalled by Medtronic
Medtronic Inc. is recalling some medical devices because they may be
coated with tainted heparin, a drug linked to 81 deaths in the US. The
disposable medical devices, used during cardiac bypass surgery, are
made with Medtronic's Carmeda BioActive surface, which includes
heparin. No injuries have been reported in relation to the Medtronic
devices, but the recall underscores the enormous scope of the problems
involving contaminated heparin...
Italy-India forum focuses on technology co-operation
Italian Trade Commission (ICE), in
association with Federation of Indian Chambers of Commerce and
Industry (FICCI), recently organised Italy-India fora at New Delhi and
Bangalore. The focus was on co-operation in the form of technology
transfer between enterprises, research centres, realisation of joint
training projects, and exchange between universities through
scholarships. The enlisted speakers discussed exchange of intellectual
property with particular reference to the emerging high technology
Global medical nonwoven disposables market to reach $12 billion by
As per the report titled "Medical Nonwoven Disposables: A Global
Strategic Business Report" published by Global Industry Analysts,
Inc., Nonwoven disposables are rapidly making inroads into the medical
sector, principally driven by growing consumer awareness against
spread of infectious diseases such as AIDS and Hepatitis...
firm invests Rs 110 cr in India
Germany-based medical device manufacturer B Braun has earmarked Rs 110
crore (16 million euros) budget for expanding its operations in India
and is targeting a revenue of around Rs 250 crore by 2010.
"We have invested eight million euros (Rs 55 crores) for setting up a
manufacturing plant in Chennai and will pump in another eight million
euros in expanding its capacity in the next two years," B Braun
Vascular System Senior Vice-President Gerd Wacker told PTI...
Biocon Launches Pre-Filled Safety Syringe
Biocon on Wednesday annonced launch of a new drug delivery system, a
pre-filled safety syringe device for two of its lifesaving drugs for
kidney and cancer patients. The new device , launched in collaboration
with US-based Safety Syringes Inc., would reduce...
Siemens To Install India's 1st Magnetom Essenza At Aatmajyoti MRI
Siemens Medical sSolution will install Magnetom Essenza, a 1.5 Tesla
magnetic resonance imaging system (MRI) at Aatmajyoti MRI Center,
Surat, also the city's first hi-end, affordable MRI. Surat Manav Seva
Sangh (popularly known as Chhayando), a charitable trust has set-up
this MRI Center in the premises of New Civil Hospital in Surat...
From Abbott Outperforms Market-Leading Stent
Long term data presented for the first time recently from the Spirit
III trial, Abbott's US pivotal trial studying the XienceTM V
Everolimus Eluting Coronary Stent System, demonstrated that Xience V
continues to deliver clinically superior benefits for patients
compared to the Taxus® paclitaxel-eluting coronary stent system. In
this trail of more than 1,000 patients, Xience V demonstrated a 45 per
cent reduction in the risk of major adverse cardiac events (MACE) and
a 32 percent reduction in the risk of target vessel failure (cardiac
events related to the treated vessel) at two years as compared to
To Approve Medical Devices Faster
In a new report, the agency maintains it
is now faster at approving applications than in 2002.
In fiscal 2006 the FDA, on average, took 335 days to approve the
devices, which range from X-ray machines to syringes, compared with
438 days in 2005...
Propack: Acquisition In Medical Devices
Essel Propack (Mumbai / India;
www.esselpropack.com) is strengthening its medical device
operations. On 1 April, its US subsidiary Tacpro acquired Catheter &
Medical Devices, The Next Big Step For Semiconductor Makers
Semiconductors, silicon chips that run mobile phones, game consoles,
photo copiers, television sets and almost all other electronic devices
are in search of a saviour-a killer application that can maintain its
magic run that began with the personal computer and consumer
electronics booms in the 1990s.