Too Many New Medical Devices Leave Doctors At Sea

Last Summer, rival cardiologists in Rock Hill, South Carolina, decided to learn how to perform a lucrative new procedure, implanting a defibrillator, a device that protects against fatal heart rhythms.

TTK & Co Acquires 20% Holding of TTK Healthcare Through 'Open Offer'

The management of TTK & Co is acquiring 16,22,083 equity shares of TTK Healthcare Ltd. (THL), 20 per cent of the fully expanded voting equity capital, at a price of Rs 73 per share from open market Inga Advisor Pvt Ltd. will act as 'Manager to the Offer' on behalf of TTK & Co.

ResMed Launches India Operations With Respicure Medsys

ResMed, a $3.5 billion US-based medical devices manufacturer, has announced the launch of its marketing operations in India, through a partnership with a local company Respicure Medisys.

Baxter To Introduce Extraneal PD Solution

Baxter India Pvt. Ltd., the wholloy owned subsidiary of Baxter Healthcare International Inc, US, is planning to introduce a peritoneal dialysis solution (PD) product, Extraneal, in India soon.

US FDA To Join PIC/S To Help In Harmonisation of GMPs

The United States Food and Drug Administration (FDA) have applied for a membership with the Pharmaceutical Inspection Cooperation Scheme (PIC/S), an international initiative to harmonise GMP standards. This is part of FDA's 21st Century Drug cGMP initiative with global harmonization, said Dr Ludwig Huber, Compliance and Validation expert, Agilent Technologies.

SonoSite To Expand Hand-Carried Ultrasound Systems Market In India

The US based SonoSite, Inc., one of the world leader in hand carried ultrasound, is keen to tap the Indian healthcare market. It has initiated talks with Government, Private, Army and Navy Hospitals in the country. India is gradually transforming as a value driven market, Pavan Behl, country manager, SonoSite India, said.

Philips Medical eyes JVs in equipment market

With the healthcare sector being opened up to private players, India is now emerging as a lucrative market for global firms dealing in hi-tech diagnostic and imaging equipment. Philips Medical Systems - healthcare arm of Royal Philips Electronics is looking at setting up JVs with Indian firms to increase its market share in healthcare segment in India.

Ashwini Kumar, Drugs Controller General of India In-Charge Retires Today

Ashwini Kumar, the Drugs Controller General of India (DCGI) in-charge for last seven years, has retired from services on August 31, 2006. He would be remembered as the drugs controller who has triggered the most revolutionary changes in the history of the country's apex drugs regulatory agency.