|
Boston Scientific Launches Integrated
Facility In India To Develop Minimally Invasive Technologies
Boston Scientific has officially opened a 100,000 sq. ft.
research and development, training and commercial center that will enable it to
develop and sell minimally invasive technologies fit for India and the greater
Asian market, and train physicians in using them effectively.
The state-of-the-art Institute for Advancing Science (IAS), a
physician training facility equipped with world-class simulators for hands-on
training on innovative technologies, is the newest addition to the growing
global network of Boston Scientific IAS facilities.
The new facility marks a strategic investment by Boston
Scientific. The Research and Development (R&D) Center will focus on creating
market-appropriate products based on unmet clinical needs in emerging markets,
and will also serve as a global product engineering center.
As a key country in the company’s emerging market strategy,
India’s improving economic conditions and healthcare access show potential for
the growth of the local healthcare industry and need for medical devices.
By establishing a consolidated presence in the region, Boston
Scientific will extend its reach in India, offering solutions to physicians and
patients combatting conditions in areas such as cardiovascular disease, cardiac
arrhythmias, gastrointestinal and urologic disorders, and chronic pain.
The launch was attended by Faggan Singh Kulaste, minister of
state for health and family welfare, Capt. Abhimanyu, finance minister,
government of Haryana, and John M. McCaslin, minister counselor for commercial
affairs, United States Embassy, New Delhi.
Health minister Kulaste said, “The need for innovation in
medical technology is a high priority in many countries worldwide, and the
government will support all efforts in research and innovation so that
affordable and quality care is accessible to more and more patients in India.”
“India is an important market and it holds great potential
for the global medical devices industry,” said Prabal Chakraborty, vice
president and managing director for Boston Scientific in India. “The Indian
ecosystem has all the right ingredients for innovation, namely a best-in-class
technical talent pool in the areas of STEM (Science, Technology, Engineering and
Math), world-renowned physicians who bring an understanding of clinical unmet
needs, and top-notch academic institutions.
Boston Scientific has been operating in India since 2003,
transforming lives through innovative medical solutions that improve the health
of patients around the world. As a global medical technology leader for more
than 35 years, we advance science for life by providing a broad range of high
performance solutions that address unmet patient needs and reduce the cost of
healthcare.
(Ref:
http://www.pharmabiz.com/NewsDetails.aspx?aid=96268&sid=2).
|
