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
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
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.