Industry News
Industry News
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FDI Inflow into Hospitals and Diagnostic Centres Grows 89% in 2023-24
Foreign equity inflow into hospitals and diagnostic centres reached $1.53 billion in 2023-24.
Medtronic Appoints Mandeep Singh Kumar Vice President and Managing Director in India
Mandeep Singh Kumar took up the India leadership role in May 2024.
Quadria Invests Rs 850 Crore in Dialysis Firm NephroPlus
Quadria Capital announced a $102 million investment in NephroPlus.
NPPA Revises Coronary Stent Ceiling Prices in Line with WPI Growth
The revised coronary stent ceiling prices took effect in April 2024.
AMTZ and Kyrgyzstan Government Sign MoU for Medical Equipment
Andhra Pradesh MedTech Zone (AMTZ) has inked a Memorandum of Understanding (MoU) with the Kyrgyzstan government for the supply of medical equipment.
Concept Medical Receives US FDA IDE Approval for MagicTouch AVF Indication
The approval covers the use of MagicTouch AVF for stenotic lesions of arteriovenous fistulas.
Hindustan Syringes Launches Dispojekt to Reduce Needlestick Injuries
Company aims to capture 60-70% of disposable syringes market in India.
Kerala Emerges as a Medical Device Manufacturing Hub
Kerala is slowly emerging as a manufacturing hub for medical devices, thanks to a clutch of local entrepreneurs who have made the state their base for this highly advanced industry.
India Allocates Rs 5,000 Crore to Pharma-MedTech Research and Innovation
New Delhi: In a move towards advancing research and innovation in the pharmaceutical and medical technology (Pharma-MedTech) sector, the Ministry of Finance announced the Promotion of Research and Innovation in Pharma-MedTech.
ATMED Launch Event: A Historic Moment for Tamil Nadu's Medical Device Sector
Chennai, August 26, 2023 - The medical device industry in Tamil Nadu witnessed a significant milestone as the Association of Tamil Nadu Medical Device Industry (ATMED) was officially inaugurated on August 26, 2023, du…
HMD Reaches Milestone of Supplying 500 Million 0.5 ml AD Syringes to Govt for Covid Vaccination
Hindustan Syringes & Medical Devices Ltd (HMD), one of the leading manufacturers of Disposable Syringes in the World and possibly the largest for Auto Disable syringes on Monday, 11th Oct has achieved another mileston…
Goldstab Organics Expands Capacity with new state-ofthe-art Calcium/Zinc Based PVC Stabilizer Plant
Goldstab Organics Pvt. Ltd. has a stated commitment to the sustainable development of PVC industry. Demonstrating this commitment, Goldstab has made significant investments in a worldclass manufacturing plant for the…
Nu-Vu Conair Pvt. Ltd. Opens A New Factory In Ahmedabad
Nu-Vu Conair Pvt. Ltd., one of the leading manufacturers of Plastic Auxiliary Equipment in India inaugurated its new fabrication facility in Ahmedabad on 8th Aug 2019. This facility houses ultra-modern fabrication mac…
Landmark Public-Private Partnership MoU Inked
AiMeD & Invest India sign a momentous MoU aimed at making India a global manufacturing hub for medical devices and components
Tekni-Plex Announces $15 Million Investment in New China Manufacturing Facility
New facility supports Tekni-Plex's continued commitment to global supply network
Centre To Notify Revised Schedule M III For Medical Devices By June End
Following strong representation from the medical devices industry, the Centre has agreed to align Schedule MIII with IS/ISO 13485 by delinking it from Schedule M for Pharma. The revised Schedule MIII will be notified…
Separate Rules To Spur Medical Devices Sector Soon
In lines with the prime ministers ‘Make in India Campaign’, the department of industrial policy and promotion (DIPP) has identified medical devices as one among the top five sectors having good investment potential in…
100% FDI for Medical Devices Under ‘Automatic Route’ Now
The government has now allowed 100 per cent FDI under automatic route in medical devices sector to encourage manufacturing of equipments, including diagnostic kits and other devices. “Easing of norms for medical devic…
ASEAN Countries Could Be The Next Emerging MedTech Markets
Thanks to a large population, rising middle class, and increasing healthcare spending, the 10 countries that make up the Association of Southeast Asian Nations are gaining attention from medical device makers.
BASF Functional and mechanical components for insulin pen
These medical elastomers can replace thermoset rubber used for tiny plunger tips or seals that prevent drugs in the tube or barrel of the syringe from flowing backward as the plunger is depressed. Their good COF also…
Biomedical Waste Causes 10-15% Infections Among Public In AP
The biomedical waste generated from hospitals causes 10-15 % infections in Andhra Pradesh, revealed a survey released by Multipurpose Awareness Society in Hyderabad.
Experts Miffed Over Delay In NIPER Campus In Gandhinagar
Even after almost seven years since it received the Union Cabinet nod and land allotment by the state government, the National Institute of Pharmaceutical Education and Research (NIPER) campus at Gandhinagar in Gujara…
Interventional Cardiac Devices Market To Reach $6.93 Bn In 2020
The Interventional Cardiac Devices Market, estimated $1.49 billion in 2013 is likely to reach $6.93 billion in 2020, according to an analysis from Frost & Sullivan.
Key Country Assessments
Thailand : With a population of 67 million Thailand shares borders with Malaysia, Burma, Laos, and Cambodia. Per-capita healthcare spending in Thailand increased from $73 in 2002 to approximately $220 in 2013. The gov…
Pharmexcil to establish warehousing facility in Nigeria
The Pharmaceuticals Export Promotion Council of India (Pharmexcil), is planning to establish a warehousing facility in Nigeria to support Indian exporters in Africa.
Sourcing from ASEAN Countries
Half of the global elderly population lives in Asia, and that share will rise to more than 60% by 2050. In Southeast Asia, the percentage of people over age 65 will more than quadruple by 2050. As people age they have…
D&C Rules On Labeling Norms, Shelf Life Of Medical Devices
The Centre is expected to further streamline the medical devices sector by suitably amending the norms on labeling, qualification for supervision of manufacturing of devices, quality standards and shelf life under the…
Design Clinic Scheme For Medical Devices Industry by NID (National Institute of Design)
Medical Devices being one of the important sectors with high potential for import substitute and exports, MSMEs in India have been able to achieve great success in creating breakthrough products.
Ferromatik Milacron India’s New Milestone - Dispatch of 7001st Injection Moulding Machine
Leading Injection Moulding Machine Manufacturer Ferromatik Milacron India has set up a new Milestone for Injection Moulding Machinery Industry by handing over its 7001st Injection Moulding Machine on 28th January, 201…
Government Of India Ministry Of Micro, Small & Medium Enterprises NATIONAL AWARD - 2011 Quality Products in Micro & Small Enterprises Plastic Medical Disposables
Ltd., Ahmedabad in recognition of Manufacturing outstanding Quality Products in “Micro & Small Enterprises” category (Plastic Medical Disposable) awarded by Ministry of Micro, Small and Medium Enterprises, Government…
Govt Boosting Innovation By Encouraging R&D Investment
Ref: Page No. 18, Chronicle Pharmabiz Feb. 14, 2013
Life Sciences And Medical Devices Sector In India: Highlights
(Sector Highlights By Frost And Sullivan Prepared For Panel Discussion On “Right Opportunities And Best Practices In BRIC Markets”)
Plastics Consumption To Increase In Healthcare & Pharma Sectors
Fuelled by increasing level of plastics usage in pharma, healthcare, automobiles, consumer packaging and impact of increased infrastructure spending, the plastics industry is set to double per capita consumption in th…
China's Packaging Industry Luring Indian Companies
Indian Pharma Industry Keen On Innovative Packaging
Mr. Arvind Mehta Inducted In Council Of International Plastics Association Directors (CIPAD)
Council of International Plastics Association Directors (CIPAD) is an international association which represents 64 plastics Association Directors acting in 49 countries from five continents and strives to maintain pe…
Pharmexcil To Represent India Pavilion At Arab Health 2013 In Dubai
In order to showcase the robust Indian pharmaceutical industry and also to strengthen relationship with other countries for export, the Pharmaceuticals Export Promotion Council of India (Pharmexcil) will participate i…
Pharmexcil To Sign MoU With Japanese Industry Association Soon For Furthering Export Trade
The Pharmaceutical Export Promotion Council of India (Pharmexcil) is planning to sign a Memorandum of Understanding (MoU) with the Japanese pharma industry association with an aim to further improve India’s export tra…
Association Of Indian Medical Device Industry
After years of trying to be heard the GHTF (Global Harmonising Task Force) has been disbanded. They had lots of good ideas about levelling the medical device regulatory playing field but national interests have eventu…
Ferromatik Milacron India Promotes 2 to Leadership Posts
Company veterans Divgi, Bhalavat to help guide ongoing growth April 18, 2011 – Ferromatik Milacron India Ltd. (FMIL), India’s No. 1 injection molding machine manufacturer, has promoted two individuals to key leadershi…
Gujarat: Leading The Medical Device Sector In India
Some of the challenges faced by the companies when doing business in Gujarat is the lack of skilled manpower, over dependence on manual processes or lack of automation, high cost of power, increasing cost of manpower…
Gujarat: Leading The Medical Device Sector In India
Apart from being hailed as the pharmaceutical hub of the country, another sector that is fast caching up the frenzy of this industry-friendly state is the medical device sector. Suja Nair shirodkar taps the latest in…
HLL Lifecare Steps Into Retailing Of Medical Devices
PUBLIC sector HLL Lifecare Ltd, which is emerging as a full-spectrum healthcare company beyond its mainstay portfolio of contraceptives, has ventured into the retailing segment to sell medical devices and essential dr…
India, Canada To Launch R&D Projects In Biotech, Medical Devices
Under the Canada-india Agreement for Scientific and Technological Cooperation aimed at fostering joint Research and Development (R&D) projects, the two sides will launch R&D projects in all areas of biotechnology incl…
Indian Medical Devices & Bio-Pharma players to Visit Tel-Aviv-Israel
Customized program as per the interest areas of Indian participants
Johnson & Johnson to buy synthes for $21.6 B
J & J is to buy Swiss medical devices makers synthes Inc. for 19 billion Swiss Francs ($21.6 Billion) in its largest ever buy boosting its orthopedic business.
PC Working Group Recommends Rs. 6256 Cr To Strengthen Drug Regulatory System
The Working Group of the Planning Commission (PC) on drugs has recommended a total financial outlay of Rs. 6256 crore for strengthening the drugs and regulatory system, including that in the states and creation of a s…
Pharmaceuticals export promotion council
(Set up by Ministry of Commerce & Industry, Govt. of India)
Plümat Acquires Colpitt BV
Plümat is focussed on the design & manufacturing of form fill seal systems for pharmaceutical solutions, whereas Colpitt is a well established specialist for the supply of production equipment for disposable container…
Solvay Advanced Polymers and Secant Medical Announce marketing partnership in biomedical fabrics
SOLVAY Advanced Polymers, LLC, a Solvay Specialty Polymers Company and global supplier of high-performance polymers, along with Secant Medical, LLC, a leading manufacturer of custom biomedical textile structures for m…
Stanford Brings Affordable Medical Innovation To India Through Collaborative Design
A BONE DRILL is a nasty-sounding device that looks like something you'd find on the shelf at Home Depot. You wouldn't want to see one coming at you, but if you needed one, you'd likely be in such bad shape that you wo…
BD Looking For New Growth Avenues In Emerging Markets, And India
The company, having established its plant in 1995 in India is looking for new growth avenues in emerging markets, and India. Its first office in the country was set up in 1995. BD’s India revenues, which topped $100 m…
Cost Advantage Of Imported Medical Devices Against Domestic Players Rose By 20% Last Year: AIMED
The cost advantage of the medical devices imported from overseas as against the Indian manufacturers has increased up to 20 per cent in the last one year owing to various fiscal policies and, affecting both the Indian…
Requirements For The Regulatory Control Of Medical Devices In India
In India import, manufacturing, sale and distribution of Medical devices is regulated under Drugs and Cosmetics Act and Rules. At present, Medical Devices notified by Central Government are regulated under the said Ac…
Small Hospitals Need Cheaper Devices
With rising healthcare costs, citizens of both emerging and developed economies are increasingly looking at affordable and accessible medical care. This, in turn, has led to a surge in demand for costcompetitive medic…
Trivitron Inks Pack With IIT Madras To Set Up Biomedical R&D Centre In IIT Campus
The Chennai-based medical devices manufacturing company, Trivitron Health care Ltd, has signed a Memorandum of Understanding with IIT Madras to set up a Centre of Excellence for Biomedical Research & Development and D…
Ahmedabad Likely To Get First National Medical Device Centre
The $2-billion Indian medical device sector is set to get a push with the Centre considering setting up the country’s first National Centre for Excellence for Medical Devices in Ahmedabad.
Aptar Pharma gears up to increase presence in India with a range of nasal & pulmonary devices
Aptar Pharma India Pvt Ltd, a drug delivery device major is gearing up to increase its market presence in the country with its range of pulmonary and nasal drug dispensing products.
Association of Indian Medical Device Industry
Standards Up-date BS EN Publications BS EN 455:- Medical gloves for single use. BS EN 455-4:2009 Requirements and testing for shelf life determination.
Boston Scientific Launches iCross Coronary Imaging Catheter
Boston Scientific Corporation has launch of its iCross Coronary Imaging Catheter, a product designed to improve the deliverability of the company's market-leading intravascular ultrasound (IVUS) technology, the iLab U…
Centre Makes Use Of Auto Disable Syringes Mandatory In Govt. Hospitals From April 2009
The action came in the wake of nationwide study conducted by the IndiaCLEN Program Evaluation Network on behalf of the Ministry of Health and World Bank, entitled ‘Assessment of Injection Practices in India’ in 2002-0…
Commerce Ministry Extends DEPB Scheme Withdraws Reduction In DEPB Rates
Owing to the tremendous pressure exerted by the exporting community in the country, the Union commerce ministry has extended the DEPB (duty entitled passbook) scheme till December 31, 2009. Moreover, the ministry has…
DCGI Discontinues WHO-GMP Certification
The Drugs Control Society of India (DCGI) has taken a decision to discontinue issuance of WHO-GMP certificate for both pharma products and plant audits. The decision comes in the wake of objection raised by the World…
DCGI Office Confuses Exporters Over Issuance Of WHO-GMP Certificate
Utter confusion and lack of coordination seem to prevail in the office of DCGI over the issuance of WHO-GMP certificates for the exporters. While DCGI Dr Surinder Singh categorically stated some days ago that there is…
DuPont Opens Integrated Knowledge Center In India
DuPont India, a subsidiary of US-based science-based products and services company DuPont, has opened its integrated knowledge centre - DuPont Knowledge Centre (DKC) - at Hyderabad to provide basic discovery research…
Ethicon introduces new packaging for Biopatch to improve ease of application for patients with catheters
Ethicon, Inc, a Johnson & Johnson Company, announced that Biopatch Protective Disk with CHG (chlorhexidine gluconate) will include new design elements and updated packaging to make it easier for surgeons, nurses and o…
Medical Technology Industry Should Unite To Leverage Growth Potential: Experts
The Indian medical devices industry which is growing at the rate of around 50 per cent per annum has immense opportunities to leverage in the near future, provided the stakeholders and the government meeting the exist…
Separate Norms For Medical Devices Soon
The government has decided to bring separate quality guidelines for medical devices such as stents, catheters, orthopaedic implants and heart valves by end of May.
US FDA Alerts Healthcare Professionals Not To Share Insulin Pens & Cartridges
The US Food and Drug Administration issued an alert to health care professionals reminding them that single-patient insulin pens and insulin cartridges should not be used to administer medication to multiple patients…
Zonal Offices of CDSCO May Be Grated Powers For Issuing Licences Under CDA
The Centre may tone down the much-criticised provision of issuing manufacturing licences only by a cetralised agency based in Delhi under the proposed Central Drug Authority of India, by empowering the zonal offices o…
Asian Healthcare Sector To Beat US
The combined incremental demand for healthcare, in dollar terms, in five Asian countries - China, India, Japan, Korea and Singapore could exceed the US by 2015, led by rising income, increased medical tourism and agei…
BD India keen to work with Union govt to train inspectors on medical devices
CMS Computer Ltd., is a leading IT solutions provider in the country with 8000 + professionals worldwide offering wide range of solutions and services across various verticals in strategic IT consulting, Networking, T…
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-…
Cardiac Completes Certification For HeartCentrix With NextGen
Cardiac Science Corporation, a global leader in advanced cardiac diagnosis, resuscitation, rehabilitation, and informatics products, said it completed certification for its HeartCentrix ECG informatics software with N…
CCE Software develops two new solutions for Pharma ERP and Medical Rep Management
Welch Allyn, a leading global manufacturer of medical diagnostic equipment and a complete range of digital and connected solutions, announced that the company has launched a new range of FlexiPort blood pressure cuffs…
Centre allots Rs 630 cr for medicinal plants cultivation covering one lakh hectares
About one lakh hectares of land will be covered under medicinal plants through direct financial assistance by the year of 2011-12 under the centrally-sponsored scheme of national mission on medicinal plants at a total…
Conference Theme For Next Delhi IPC: “Regulation For Better Healthcare”
The next Indian Pharmaceutical Congress (IPC), scheduled to be held in Delhi from December 12 to 14 under the aegis of Indian Pharmacy Graduate Association (IPGA), will have ‘Pharma Vision 2020: Regulations for better…
DCGI to establish multi-level complaint redressal system to address industry grievances
The Drug Controller General of India (DCGI) will soon put in place a multi-level complaint redress mechanism including a grievances box to be manned and opened personally, in a bid to mitigate the irritants of the ind…
Fees For GMP Certification, Hike Of all Other Fees Likely Once CDAI Starts Operations
Setting up of the Central Drug Authority of India may prove 'too heavy' for the pharmaceutical industry in the country with the proposal to have a flat increase in the present fee structure and introduction of a new f…
Fresenius Net Income Surges By 24% In 2007 At Euro 11,358 Million
Fresenius Group, a health care group with international operations, providing products and services for dialysis, hospital and outpatient medical care, has reported net profit growth of 24.2 per cent during the year e…
Govt. To Finance Center Of Excellence For Medical Textiles
The South India Textile Research Association (SITRA) based in Coimbatore has been identified by the Union Ministry of Textiles as the center of excellence for production of medical textiles products.
Gujarat To Bolster Healthcare Sector
Gujarat is now looking for upgradation of healthcare sector in the state to provide better social life. For the purpose, the state plans to introduce Public Health Act to streamline the health sector and address the e…
India Can Emerge As Med Equipment Mfg Hub Soon
Experts in the medical equipments are of the view that India can emerge as an alternative destination to China in the field of medical equipment and devices manufacturing if the central government extends the right im…
India No More Hot Offshore R&D Centre
Few companies will look at India as their destination for offshore R&D centres in the next 18 months. In fact, there is already a sort of slowdown in the number of such units being set up in the country. From 75 new o…
India To Emerge Leading Pharma Market Of The World
Indian pharmaceutical industry, which has grown at 1.5 to 1.6 times the growth of the economy over the past couple of years, is well positioned for sustainable growth and expansion. The industry has grown at a CAGR of…
Johnson & Johnson Eyes Larger Pie of Orthopaedic Market
In a bid to grow its presence in the Indian orthopaedic devices market, US healthcare giant Johnson & Johnson (J&J) is planning to roll out India-specific devices.
Marck To Enter Malaysia, S’pore & Indonesia Markets
The Ahmedabad based Pharmaceutical company Marck Biosciences Ltd. is all set to foray into the Far East countries like Malaysia, Singapore and Indonesian markets by the end of June 2008. The company is planning to off…
Medical Devices Regulation Bill Proposes Penalty Provisions Against Defaulters
The draft Medical Devices Regulation Bill, 2006, aimed at regulating the medical devices market, has proposed for classification of devices in relation to the risks and penalties for non-compliance with safety, regist…
Medical Equipment Cos Ask Govt To Bring Down Import Duty To 5% In Union Budget
Medical equipment manufacturers and providers have jointly sought a reduction in import duty on medical equipments in the Union Budget 2008-09 for the benefit of industry and patients.
Productivity Council finds 40% SSI units shut due to enforcement of GMP norms
To make the inspections and other related activities in the country more frequent and foolproof, the US FDA may soon establish its offices in Delhi, Mumbai and Hyderabad in India. According to sources, the proposal to…
Spurious drugs bill to be moved in next session of parliament
The Union health ministry will put on fast track the much delayed Drugs and Cosmetics (Amendment) Bill, 2005, stipulating stricter penalties for manufacturing and selling spurious drugs and will move the bill in the f…
US FDA revises communication regulation to drug companies on applications
(Ref: Chronicle Pharmabiz dated 12 July 2008)
AIOCD To Float 10 State Wise Pharmacy Retail Chain Cos By 2008
The All Indian Origin Chemists and Distributors Ltd. (AIOCD), the company floated by All India Organisation for Chemists and Druggists (AIOCD), is planning to float 10 state wise pharmacy retail companies by January 1…
Alcon India Launches AcrySof ® Restor® Lens
ALCON India, recently launched AcrySof® Restor® lens, which is unique technological innovation that can provide quality vision throughout the entire visual spectrum.
Bayer's New Contour TS Blood Glucose Monitor Launched
It eliminates miscoding errors which could put people with diabetes at clinical risk
BD Medical Launches Pro-safety IV Catheter To Help Health Workers
BD Medical, a segment of BD (Becton, Dickinson and Company), a leading global medical technology company, has launched the Venflon pro- safety IV catheter with safety features against needlestick injury. The product i…
Bilcare Receives US Patent For 3 Products
Bilcare Ltd. has obtained a patent in the USA for its pharmaceutical grade metalised thermo-formable composite films.
Borealis Develops Polypropylene BH34MO For Pail Packaging
Borealis, a leading provider of innovative, value creating plastics solutions, with more than 40 years experience in the polyethylene (PE) and polypropylene (PP) business, has created a unique opportunity for pail pac…
Centralised Licensing With Inadequate Staff May Lead To Delay In Granting Product Licences
Pharmaceutical companies in the country may have to cope with serious delays in getting their applications for drug licenses cleared once Central Drugs Authority (CDA) of India is formed. Such delays in the initial ph…
Centre Plans Authority To Regulate Collection, Storage Of Blood
The Central government is planning to create a regulatory framework called Blood Transfusion Authority on the lines of FDA to monitor various aspects like blood collection, storage and distribution. A suitable legisla…
Chemists Check Competition With BP
In an attempt to counter the threats posed by big pharma retail chains, chemist stores across the country have rolled up their sleeves and initiated a series of steps to match the offers promised by big chains.
Corona Cardiac Cathlab
Tender loving care Hospital visits can be harrowing experiences, but thanks to Design Directions, this cardiac system is not only full of mind boggling science, but it also offers impressive comfort. Although by no me…
DBT Initiative To Assess Quality Of Medical Devices
The Germany based Cinvention AG, a leading technology company focusing on a nano-composite materials in biomedical applications is pitching on drug eluting stents market globally.
DBT Invites Joint Proposals From Indian, German Scientists
In order to facilitate collaborations between Indian and German scientists, the Department of Biotechnology (DBT) has invited proposals in the area of biotechnology under the national funding programme.
Fresenius Kabi India On Expansion Spree
Fresenius Kabi India, a wholly-owned subsidiary of Germany-based Fresenius Kabi, has decided to aggressively expand its operation both through organic and inorganic routes. The more than Rs 100-crore company, based in…
Fresenius Kabi To Push Up Parenteral Volumes
The Pune-based Fresenius Kabi India Pvt. Ltd, a wholly owned subsidiary of the Germany-based Fresenius Kabi AG, is planning to expand its operations in India both through organic and inorganic means. Now more than a R…
Fresenius Medical Picks Up Majority Stake In Taiwanese Dialysis Firm
Fresenius Medical Care AG & Co. KGaA continues to expand in Asia. The company announced the acquisition of a 51 per cent equity interest in Jiate Excelsior Co. Ltd. (Excelsior) in Taiwan. With a market share of approx…
GE, Eli Lilly To Collaborate In Vitro Diagnostics For Cancer Treatment
GE Global, Research, the General Electric Company’s centralized research and development organization, and GE Healthcare have entered into a three-year collaborative research agreement with Eli Lilly and Company to di…
GE Healthcare To Augment Product Dept Capability
Global medical diagnostic major GE Healthcare will be increasing its product development capability and manpower strength in the country shortly.
Govt Plans Regulation Of Retail Pharmacies
The government is planning to tighten the norms for transporting, storing and selling medicines in the country even as big corporate houses are opening retail pharmacy chains and the existing ones get corporatised.
Heart Connect
(Ref : The Economic Times dated March 2, 2007)
Hindustan Syringes To Invest Rs 100 Cr
Disposable syringe manufacturer Hindustan Syringes and Medical Devices (HMD) will invest up to Rs 100 crore in the next three years for expansion and expects the surge in demand for its products to fuel the top-line t…
HSBC PE (Asia) Fund, ePlanet To Invest US$ 11 Mn In Trivitron
Trivitron, India's leading medical technology company, has announced a significant investment of US$ 11 million, by a wholly owned subsidiary of the HSBC Asian Ventures Fund 2 Limited advised by HSBC Private Equity (A…
Indian Pharma Machinery Makers Go For Overseas Tie-Ups For Growth
The pharmaceutical machinery manufacturing industry in the country, with more than 600 players of various sizes, is all set for a major boom with several domestic players prefer to either set up a joint venture compan…
Indian Pharmacopoeia To Ink With European Counterpart
The Indian Pharmacopoeia Commission (IPC) is moving closer to tie up with the European Pharmacopoeia, an umbrella body for 34 nations, aiming an observer status and reap more gains in the international spectrum.
IPR Comes With New Hi-tech Medical Waste Disposable Plan For Hospitals
Hospitals may soon be able to dispose off medical wastes in an eco-friendly manner using a new technology.
Jubilant Organosys Bags Golden Peacock Global Award 2007
Jubilant Organosys has bagged the coveted Golden Peacock Global Award (2006-07) for "Excellence in Corporate Governance". The award is given by the World Council for Corporate Governance, UK, annually, to companies th…
Labelling Committee Moots Country Wise Code For Drug Exports
The sub committee for labeling of drugs set up by DCGI is considering to incorporate a country wise code number on the labels of exporting products to ensure quality compliance and perfection in each consignment. The…
Legislation Promotes Healthcare IT Infrastructure and Patient Data Safety across Europe
Legislation is promoting the development of healthcare IT infrastructure, while supporting efforts to enhance patient data privacy and security across the European healthcare spectrum.
Marck Biosciences In Talks With US Cos For Site Transfer
Marck Biosciences is talking to several US based pharma companies for a site transfer deal, through which it can undertake contract manufacturing of small volume parenterals and injectibles at its facility in Gujarat.
Marck Biosciences Plans Global Expansion
Aimed to achieve the target turnover of Rs 100 crore in 2007-08, the Ahmedabad-based Marck Biosciences Ltd, a leading manufacturer of parenterals, said the company would expand its presence in global markets.
Medical Devices Being Marketed Without Regulations, Safeguards In India
India still does not have a comprehensive set of rules for the manufacture and marketing of medical devices despite their increasing therapeutic in human bodies for several years. The Central Drugs Standard Control Or…
Medical Devices Like Stents, Catheters May Be Notified As Drug
More medical devices may fall under the category of drug in the country as the subcommittee, formed to set up standards for 10 notified medical devices, plans to recommend the authority to notify devices including ort…
Metha Short Stem For Young Arthritis Patients
Bbraun India launched Metha Short Stem - new hip implant with modular neck option to reconstruct anatomical hip joint on August 19, 2007 at P D Hinduja National Hospital, Mumbai. Dr. Sanjay Agarwala, Joint Replacement…
Omnicell Inc Buoyant About Expansions In India, Assessing Healthcare Sector
The $169 million, Omnicell Inc., a NASDAQ listed global major in healthcare technologies, has identified India for its offshore software initiatives in product development, testing and support. The company is assessin…
Philips Identifies India For Medical Equipment Biz
PHILIPS has identified India along with China and Japan to grow its medical equipment business in the Asia Pacific region.
Polymed Medicure Eyeing US Market
Medical device manufacturer Polymed Medicure is eyeing the US market, making it the first Indian company to do so. Once the company’s plant in Faridabad gets USFDA approval, it will start exporting four medical device…
Polymed to buy US co for $20 million
DISPOSABLE medical device manufacturer Polymed is set to acquire an US based medical device company for around $18-20 million. It is learnt that the company is now in the final stages of negotiations and conducting th…
Scientists Harness Mysteries Of Brain
(Ref : Economic Times dated November 30, 2006)
Service Tax On Contract Manufacturing In Excise Free States Likely Soon
Union Finance Ministry may impose a service tax on contract manufacturers in excise free state zones, it is learnt. The move to levy service tax on this group of companies in the context of heavy losses of excise duty…
Sterling Hospital To Invest Rs. 120 Cr in Surat & Rajkot
Sterling hospital is going to invest around Rs. 120 crore in setting up hospitals at Rajkot and Surat. It is also planning to expands its existing hospital in Ahmedabad, and upgrade a hospital it recently acquired in…
Time Technoplast To Set Up Medical Devices Unit In Baddi
The Mumbai-based Time Technoplast, a technology based company, is setting a new manufacturing facility of disposable medical devices at Thane near Baddi.
Toray Industries Introduces Water Purifier For Dialysis In India
Toray Industries Inc. Japan, global leaders in organic synthetic technology, polymer chemistry and biochemistry materials, is introducing the Torayvino polysulfone hollow fibre membrane filter water purifier for dialy…
Transasia Bio-Medicals Signs An Agreement With Grifols
Transasia Bio-Medical Ltd. has signed an agreement with Grifols, Spain to exclusively distribute its range of instruments and reagents in the field of transfusion medicine in the Indian market. Through this partnershi…
US FDA Nod For Baxter's Colleague Infusion Pump
Baxter Healthcare Corporation has received clearance from the US FDA on its Colleague infusion pump 510(k) pre-market notification. The company is preparing to modify pumps currently in the market and will soon submit…
World's 1st 3D ICU Ventilator Launched
Trivitron, in association with Hamilton Medical AG, a Swiss manufacturer of 'intelligent ventilators' launched Hamilton G5, world's first 3D ICU ventilator in India. The new Hamilton G5 ICU ventilator is focused on im…
Axa Sets Up IV Fluids Facility At Roorkee
Axa Parenterals Ltd. is setting up a new sterile manufacturing facility at Roorkee in Uttaranchal for manufacturing sterile formulations. The plant will start production within two-three months.
Bioengineered Tissue Repairs Damaged Knee Cartilages
A new study by scientists at the University of Bristol, UK has found that knee cartilage injuries can be effectively repaired by tissue engineering, and that osteoarthritis does not stop the regeneration process.
Centre Extends Application Deadline For Import, Registration of Medical Devices to June 29
The Union ministry of health and family welfare, which came out with the guidelines for licensing of import and manufacture of medical devices with a deadline of sixty days with effect from March 1, 2006, has now post…
Chemists Prescribe Retail Pill For Survival
Unorganised pharmacists n the country growing @ 8-9%/yr
Govt To Spend Rs 360 Cr On Health Regulator
National Drug Authority, Modelled On USFDA, To Improve Quality Of Drugs & Clinical Trials
Health Ministry's Guidelines For Import, Manufacture of Medical Devices Effective From March 1
The Union ministry of health and family welfare has come out with the guidelines for licensing of import and manufacture of medical devices in India. The guidelines for the devices including Cardiac Stents, Drug Eluti…
Hindustan Latex To Open Hospitals
Public sector Hindustan Latex plans to set up low-cost hospitals, particularly in northern India, to promote good quality reproductive health services.
HLL to venture into vaccine manufacturing, sets sales target of Rs.1000 cr by 2010
Hindustan Latex Limited (HLL), the largest contraceptive manufacturing PSU in the country, is venturing into manufacturing and marketing of vaccines, nutraceuticals and natural products segments within a year with an…
Imported Non-Sterile Medical Devices Meant For Sterile Use Need Mandatory Registration
The Central Drugs Standard Control Organisation (CDSCO) has made it clear that all imported non-sterile medical devices, if meant to be used as sterile devices in the country, are subjected to mandatory registration.…
India, Germany Plan Mutual Recognition of GMP Certification
India is likely to sign an agreement with Germany on mutual recognition of Good Manufacturing Practices (GMP) certification for drug manufacturing units. A high level delegation is currently on a visit to Germany to w…
India's First Indigenous Drug Eluting Stent Receives CE Approval
Sahajanand Medical Technologies (SMT) has received CE approval (Conformité Européenne), an authorisation certificate, for qualification for the sale of Infinnium in European community and many other countries in the w…
Indian Biotech Industry To Touch US$ 5 Billion Mark By 2010
In India, the biotechnology industry is fast emerging. Over the last two decades, India has developed adequate infrastructure and trained manpower in modern as well as classical biotechnology. This is primarily due to…
Indian Medical Transcription Is Back In The Pink
It was almost a cottage industry in the 90's, only to lose steam in 2000. But if you though the medical transcription (MT) industry in India is history, think again. Latest studies reveal that it is raring to take off…
Indigenous DES Yet To Consolidate
Even after 50,000 angioplasts being conducted every year in India, the country's indigenous drug eluting stents (DES) industry is still struggling to consolidate its position in the market.
Korean Co Nuga Medicals Enters Indian Market
The Korean medical and health equipments manufacturer and medical service provider, Nuga Medicals Co. Ltd., has entered into Indian market with an exclusive collaboration with a Mumbai based company named Nuga Best Th…
Medical insurance is growing at a clip of 30% a year but further opening of the sector to foreign direct investment and a tariff-free regime may well provide a booster dose
Until about five year ago, PSUs were offering health insurance as part of their product portfolio under the brand name Mediclaim. With the government opening up the sector to private players, such companies as ICICI,…
Medtronic new product for diabetics
US-based medical technologies company Medtronic has launched a product, which combines insulin pump with continuous glucose readings and trend graphs. MiniMed Paradigm Real-time Insulin Pump and Continuous Glucose Mon…
Millipore India Invests Rs 25 Lakh For Lab-On-Wheels Project
Millipore India has invested Rs 25 lakh for a lab-on-wheels project. The mobile lab is an initiative of Millipore India, Eppendorf and Micro Devices Metrohm. The state-of-the-art lab-on-wheels and is expected to visit…
More Than 10k Transcriptions Required Each Yr
The $250-million medical transcription (MT) industry in India is on a roll.
MV Hospital Completes Study of Low Cost LCT Device
The Chennai based MV Hospital for Diabetes and Diabetes Research Centre has completed clinical study on a low cost Liquid Crystal Thermography (LCT) device, evolved in the research collaboration between the UK based B…
NABH Plans Quality Standards For Blood Banks, Medical Imaging Services
The National Accreditation Board for Hospital & Healthcare Providers (NABH), set up by Quality Council of India (QCI), is planning to extend its services into the accreditation of blood banks, medical imaging services…
NBI To Begin Testing of Medical Devices
Even as the government directives for the quality testing of medical devices that were recently notified as drugs are yet to materialize, the National Institute of Biologicals (NBI), Noida, has announced its intention…
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…
Plastindia Foundation:
New Team of Office Bearers for the term 2006 – 2009
"Regulation Will Help Growth of Medical Devices Sector In India"
In an interview with Nandita Vijay of Chronicle Pharmabiz, Milind Shah provides an overview of the sector and says that regulatory approval for medical devices has to be made mandatory in India. Excerpts:
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.
Solvay Upgrades Facility In India
Brussels based biopharma major, Solvay group has decided to expand and upgrade its facilities in Panoli in Gujarat.
Space Hospitals To Widen Telemedicine Services Throughout India
Space Hospitals Ltd., a Chennai based telemedicine service provider, is planning to widen its services to the remote areas by connecting more hospitals and satellite medical centres throughout the country.
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.
UL Pitching To Be India's Authorised Certification Company For Medical Devices
The Centre has initiated a dialogue with certification organisations including UL India Private Limited, an affiliate of the US based underwriters Laboratories Inc, for appointing an authorised certification company f…
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…
What is the size of the medical devices that Medtronic Inc and Medtronic India are targeting globally and nationally respectively?
The medical devices market is showing a double-digit growth. The cardiac devices alone are growing at 20 per cent. In India, the growth of the market is estimated to be between 10-15 per cent. There is a clear indicat…
AMO To Launch New Ophthalmic Products In India
Advanced Medical Optics India Pvt. Ltd, the Indian arm of the US-based global ophthalmic medical device leader, Advanced Medical Optics Inc. (AMO), is expanding its market presence in India by launching new products a…
Apollo Health Signs MoU With SBI For Financing Apollo Clinics Franchises
Apollo Health & Lifestyle (AHLL), a wholly-owned subsidiary of Apollo Hospitals, on Friday said it has signed an MoU with State Bank of India to offer term loans to its franchises.
Auto Disable Syringes : Hindustan Medical Devices (HMD) Tie Ups With Pharma Multinationals
Hindustan Medical Devices (HMD), the lone domestic manufacturer of auto disable (AD) syringes, is currently on a deal signing spree with many of the pharma multinationals and some of the domestic pharma companies for…
Cardiac Stents Without Approval
Recent media reports about the use of unapproved cardiac stents on heart patients in Mumbai's JJ Hospital have brought to light the pathetic state of regulatory control on medical devices in the country. Maharashtra F…
DGFT Eases Import Norms For Medical Items Not Covered Under Drugs Act
According to a recent notification, DGFT has amended section 2.50 of the Handbook of Procedures to clarify that "DGFT may also issue, on application, Free Sale and Commerce Certificate for export of items not covered…
Diabetes Related Foot Amputation Rise To 50,000 A Year In India
India has the largest number of diabetic patients in the world with latest figure crossing 33 million and out of that as many as 50,000 patients losing their legs every year according to a latest study made by Diabeti…
Diagnostic Reagents And Kits : GMP Norms
The diagnostic reagents and kits manufacturers of the country will soon have to comply with a fresh set of Good Manufacturing Practices norms being finalised by the central government. The GMP norms will specify the r…
DTAB Nod On Medical Device Control On August 2
The Central Government is likely to bring in amendments to Drugs and Cosmetic Rules within three months to arm the Central Drugs Standard Control Organisation (CDSCO) to regulate the entire range of medical devices ma…
EU Model Systems For Medical Devices With BIS Fixing Approval Standards
The Central Government is likely to come out with a European Union model regulatory system for medical devices that are manufactured or marketed in the country. The highlight of the proposed system is that it will ent…
Fresenius to invest Rs 10 crore in Pune Facility
Fresenius Kabi India Pvt Ltd, a wholly owned subsidiary of Fresenius Kabi AG, Germany, is planning to increase its presence in the country in a big way. The company is in the process of upgrading its manufacturing fac…
Fresenius To Upgrade I.V. Fluid Units To European Standard
Fresenius Kabi, the European leader in infusion and nutrition therapy, which has strong market presence in emerging markets including India, would upgrade its manufacturing facilities all across the world to European…
GE Healthcare Launches High Definition Magnetic Resonance (HDMR) System In India
GE Healthcare, a division of General Electric Company, launched in India the High Definition Magnetic Resonance (HDMR) system. This breakthrough technology, which was introduced in the US in December 2004, features fi…
'Half Of The Drug Eluting Stents Used In India Lack Adequate Trial Data'
Maharashtra FDA’s recent decision to ban Drug Eluting Stents (DES) without international quality certifications stirred up a controversy in the country on the safety and quality aspects of DES used in the country. Inc…
IHF lists 50 hospitals as India's medical tourism destinations
The Indian Healthcare Federation (IHF), a grouping of private hospitals, diagnostic centres, medical equipment manufacturers and pharmaceutical companies, is to hand over a list of 50 hospitals, spread across 15 citie…
'India- A $300-m Medical Device Market'
About the size of Indian Market for medical equipment.
India to outrun China in 15 years : Deutsche Bank study
Over two millions people will be participating in clinical studies in India by that time.
IPA, Bilcare Sign MoU For Packaging
The Indian Pharmaceutical Association (IPA) and Bilcare has signed a Memorandum of Understanding (MoU) to promote innovations in packaging, informed a press release.
IVTPL launches latest DES-COSTER for coronary heart disease
IVTPL (Interventional Technologies Pvt. Ltd.) has launched COSTAR, the latest generation drug eluting stent (DES), to treat Coronary Heart Disease (CHD). COSTAR is a product of ConorMed USA. The product makes use of "…
Korean company to set up Asia's largest cord blood bank in India
Korea's leading stem cell research company Histone, in participation with the government of India, is planning to set up Asia's largest cord blood bank in the country. The company, which is is also scouting for a pote…
Mah FDA Order May Hit Domestic Stent Makers
The Maharashtra government's directive making it mandatory for manufacturers of drug eluting stents (DES) to produce USFDA and CE certification to market their products in the state will hit Indian manufacturers badly…
Manipal Edu. And Medical Group (India) Signs MoU with German Company For Hospital Waste Management
Manipal Education and Medical Group (MEMG) has signed a memorandum of understanding (MoU) with Deuttsche Gesellschaft fur Technische Zusammenarbeit (GTZ), Germany, to set up a first of its kind state-of-the-art 'centr…
Medical Architecture : IIA Forming Standardised Guidelines
Just when experts are propagating the importance of accreditation and standardisation of healthcare institutes, the Indian Institute of Architects (IIA) has mooted the proposal of forming standardised guidelines in me…
Medical Devices Bill : Before Parliament Soon
The draft Bill seeking to introduce a regulatory system for medical devices used in clinical applications will be introduced in the parliament soon. The Bill with certain key provisions, was discussed by the Drug Tech…
Medical Packaging : DuPont P&IP to market authentication technologies
Health Ministry plans 50 testing labs in 3 years The Ministry of Health & Family Welfare has launched a major initiative to set up 50 state-of-the-art drug testing laboratories across the country within three years. W…
Medtronic To Market Endeavor DES in India
Medtronic has received CE Mark (Conformité Européenne) approval fro the commercial sale of the Endeavor DE Coronary Stent with the Rapid Exchange Delivery System. Endeavor is claimed to be the first Cobalt Alloy drug…
Motherson To Acquire German G+S
Delhi based Motherson Sumi Systems Ltd has reached an agreement with German insolvency administrators to acquire a running plastics injection molding company, G+S Kunststofftechnik Gmbh (G+S), located near Stuttgart i…
NGO Launches Nationwide Campaign Against Unapproved Medical Devices
Public Response Against Helplessness and Action for Redressal (PRAHAR), a Delhi based non-governmental organisation, has launched a multi-city campaign 'Making Cardiac Care Fair' against implant of 'life threatening i…
NID Develops Safe Storage Device For Vaccines
Are you one of those people who acquired a disease despite being vaccinated against it? Chances are, the vaccine given to you was not stored at the right temperature.
Nirma acquires Core Healthcare's IV fluids business
ARCIL a securitisation and reconstruction company acquired 60 per cent (Rs 380 crore) of CHL's total borrowing of Rs 650 crore (principal amount) about a year and a half ago. The sale is, however, subject to approval…
Nirma Close To Sealing Core Deal
Seven months after it announced its intent to acquire ailing Ahmedabad based Core Healthcare's intravenous fluids and medical devices business, FMCG major Nirma is learnt to be close to be wrapping up the deal for a l…
Nirma to shell out Rs. 300 Cr. for Core Healthcare acquisition
FMCG major Nirma is expected to shell out around Rs 300 Crore for the acquisition of Ahmedabad-based Core Healthcare, the largest intravenous (IV) fluids manufacturer in the country. Though a memorandum of understandi…
Paramedical & Physiotherapy Councils Bill - 2004 : Physiotherapists Find Not Acceptable
Opposing Government's initiative to club physiotherapy with paramedical council, physiotherapists across the country have demanded a "Physiotherapy Council of India".
Relisys To Initiate Int'l Registry For New Version DES
The Hyderabad based Relisys Medical Devices is initiating an international multi-centre registry to create data on its new version of Drug Eluting Stent (DES). The new version consists of a cobalt-chromium stent, coat…
SIS to consolidate Indian operations
Surgical Information Systems (SIS) to consolidate its Indian operations based at Hyderabad and signs up with new clients globally to be supported from its India development cum support centre.
SSI Ministry rejects plea for further reviews of Schedule M modification
Doubling exports to create 1cr. jobs The government today sought to play the employment generation card as part of the Foreign Trade Policy, claiming it was a highly labour intensive sector. Commerce minister Kamal Na…
Sterilization Plant For Medical Products Ready To Take Off
Maharashtra's first and Indai's second Gamma radiation sterilization plant in the private sector, for radiation sterilization of medical products and spices coming up at Ambernath in Thane district of Maharashtra, wil…
Telemedicine Network Linking 30 Private Hospitals In TN Taken Off
Four Chennai-based hospitals, in association with the Space Hospitals, a division of Space Computers and Systems Ltd., are jointly establishing a dedicated telemedicine network linking private hospitals in remote area…
What are the basic matters that have to be considered while framing the rules to regulate stents?
The device should go through safety animal data, human safety trials, efficacy trials and should be submitted to the regulatory authority seeking approval. The regulatory authority must check the data and decide wheth…
Win Medicare launches hepatonorm analyzer for detecting liver diseases
Delhi Based win Medicare (P) Ltd has introduced Hepatonorm Analyzer, a novel product to detect Hepatic Encephalopathy - a disease that occur due to acute liver diseases, such as liver cirrhosis in India.
Wockhardt lines up three hospital projects
"We have acquired land in Pitampura and plan to set up a 225-bed hospital in the Capital with an investment of about Rs 100 crore," he said.
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. The cost of implementin…
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…
Bharat Scans turns hi-tech
PREDICTIVE and diagnostic medicine have emerged as direct spin-offs to the healthcare boom.
Docs See jackpot in medical tourism
You don’t need to break a hip to come to India.
For Sector To Take Off, Legislation And Infrastructure Need To Be In Place Medical tourism can spin a dollar dream
It is tourism with a difference: healthcare or medical tourism. This is an area that Indian can have an edge in provided it is developed well. According to a McKinskey report, medical tourism can fetch up to $2bn. How…
Govt. to keep a close watch, on healthcare delivery
CONSUMERS can now hope to get better quality treatment as hospitals across the country would soon be required to adhere to some common basic quality standards for healthcare delivery. After months of rhetoric, the gov…
Healthcare just got an energy shot
Call the doctor, he's well within earshot. When and X-ray appears fuzzy, or a diagnosis is too skeletal, there's a whole aid kit waiting to be dug into right here.
India Excels with software for handicapped
Product launchers are par for the course at information technology fairs but you don't expect anything spectacular at a sarkari show where ministers gather to talk what ministers talks about IT. But the Asia IT minist…
India's Healthcare is thriving 'privately'
Here is a shocking piece of information : In terms of public spending on health, India ranks 171st out of 175 countries. In contrast, it ranks an impressive 18th in terms of private spending on health. It is hardly su…
India turns to Gulf to sell healthcare services
With UK failing to live up to initial promise of a fertile ground for attracting patients for Indian healthcare service providers, attention is now shifting to the Middle East. A CII delegation of top corporate hospit…
Indian Healthcare Federation (IHFC) To Launch Country's First Accreditation System For Healthcare Institutions
Indian Healthcare Federation (IHCF). The apex body of healthcare service providers in India, is about to launch the country's first accreditation system for healthcare institutions. IHCF is working closely with US bas…
Law For Medical Devices
Secondly, a registry of all medical devices and equipments available in the market should be prepared. There is no such list of the number and type of products with the government. A key responsibility of the new regu…
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 provide…
NASA to collaborate with Indian bio-medical Industry
National Aeronautic and Space Administration (NASA), USA, is looking for collaboration with Indian Industries in order to transfer its spin-off technologies, especially in the bio-medical field, for the benefit of the…
Penny Pinches
Why do life saving procedures cost a bomb? The rising costs of quality healthcare pinch hard, especially when given the general income levels in the country. While choosing where you want to get treated, knowing what…
Pharmaexcil action plan to be in by April
Pharma bodies of the likes of the Bulk Drug Manufacturers Association (BDMA), Organisation of Pharmaceutical Producers of India (OPPI), Indian Pharmaceutical Association (IPA), and Indian Drug Manufacturers Associatio…
Polar Pharma to make equipment
Polar Pharma India Ltd., part of the Rs.
Virtual autopsies may replace need for scalpels one day
Chicago: In the not-too-distance future, autopsies might be performed using computerised scanning rather that scalpels if research led by a Swiss forensic pathologist bears fruit.
BARC develops new technologies for hazardous waste processing
The Bhabha Atomic Research Centre (BARC) has developed new technologies for waste processing at the Waste Immobilization Plants (WIP). The technologies developed after sustained R&D efforts are planned to be used at t…
CBI's export development programme for Indian Medical Device Companies
CBI is an agency of the Netherlands Ministry of Foreign Affairs, under the responsibility of the Minister for Development Co-operation. 12 Indian Companies are currently being supported by CBI under the CBI’s export d…
Cochlear Implant : Indian ENT Surgeon Develops a Low Cost Hearing Device
There are 40 million people in India who are deaf, however, they too can hear if they undergo a ‘Cochlear Implant’ (CI) surgery.
GE Medical Systems launches fastest functional imaging workstation
GE Medical Systems South Asia has introduced Xeleris, one of the industry’s fastest functional imaging workstation available in the world. Xeleris is designed to become the productivity hub of nuclear medicine and pos…
Govt plans IT standards for healthcare units
ACCESS to quality healthcare in rural areas could soon be a reality if a new government initiative fructifies. The ministry of communications and IT is in the process of developing standards for digital information ac…
Hospital Consultancy And Management : Apollo Hospitals Spreading Wings
Corporate healthcare major Apollo Hospital is steadily spreading its wings across projects management. The focus is on project consultancy and management of a hospital, promoted by other parties. Apollo Hospitals play…
Implantable device to help monitor organ function
Health experts are of the opinion that tiny implantable devices may be used to track organ function in the near future.
Indian Healthcare Industry: Rising change In Attitude By Middle Class
ARISING middle in come group and a change in attitude to-wards healthcare is driving the growth in the Indian healthcare industry.
Invitro Fertilisation (IVF) Technique : Specialists Getting Patients From the Country And Abroad
Invitro-fertilisation (IVF) procedure, long believed to be a rarity, has slowly gained popularity reflected in the increasing number of women opting for this procedure, with IVF specialists getting patients from the c…
Ischemia Albumin Blood (IMA) Test : USFDA Clearance To Market The Albumin Cobalt Binding (ACB) Test
Pharmacopoeia Commission to be set THE long-awaited Indian Pharmacopoeia Commission (IPC) is likely to come into being in April. The health ministry has moved a Cabinet note proposing setting up the IPC with an initia…
LIFE-SCIENCES INDUSTRY: India tipped to be bio-IT leader, says IDC
The growth of bio-IT spending within India’s life sciences industry is set to increase at a compounded annual growth rate of 65 per cent to touch $120 million by 2006, according to an IDC report.
Medical Tourism : Hospitals, Maharastra State Govt Team Up To Lure Medical Tourists
Dengue Detection Kit : CHPL tie-up with Panbio, a world leader in dengue detection kits CHPL has a tie-up with Panbio, a world leader in dengue detection kits, and is the first company in India to make available the k…
Stents : Quality Control Is A Must (A Report By the Forum For Medical Ethics )
A forum for Medical Ethics study indicates that a frighteningly large number of doctors makes their prescriptions based on kickbacks rather than quality. The government, meanwhile, does not even pretend to regulate th…
The Indian healthcare sector and budget 2003-04
NEW DELHI: Following is the full text of Indian Finance Minister Jaswant Singh's address to Parliament while presenting the federal budget for fiscal 2003-04:
The Indian healthcare sector and budget 2003-04
Re cognised as a knowledge-based industry with great export potential
UL India offers safety certification for equipment vendors
. UL India, an affiliate of Underwriters Laboratories Inc. (UL Inc., USA) is confident that, by the end of this year, at least 50 medical equipment vendors would utilize its services in certification for product safet…
Unicondylar Arthroplasty : A New Technique of Surgery For Knee Joint
The joint replacement surgery unit (JRSU) at the Civil Hospital, Ahmedabad, India has introduced Unicondylar Arthroplasty – a new technique of surgery – which requires changing of only a part of knee joint for early o…
Apollo Hospitals to double bed capacity in three years
Healthcare major Apollo Hospitals Group is planning to double its beds capacity over the next three years through the franchisee route rather than invest its own money.
Baxter enters into marketing pact with Wockhardt
After acquiring the parenteral intravenous business of Wockhardt Lifesciences, medical products and services major Baxter, now plans to enter into a strategic marketing alliance with Wockhardt. The objective will be t…
Baxter’s Wockhardt buy could spur consolidation, feel LVP manufacturers
Baxter International’s reported interest in acquiring the intravenous fluid business of Wockhardt Life for a consideration of Rs.120 crore has sparked a new hope for consolidation among manufacturers of large volume p…
Baxter to kick-start operations at Manesar plant
Baxter India, the Delhi-based IV solutions provider, in its move towards consolidating its position in the IV fluid segment in the country, is all set to kick start operations at its plant at Manesar, near Delhi, that…
Bharat Serums to market B Braun’s products in India
Mumbai-based Bharat Serums and Vaccines (BSV) has entered into a three-year marketing agreement with Germany-based medical products company B Brtaun to market the latter’s range of selected IV solutions in India, exce…
Breakthrough in bio pacemakers
Scientists in the United States have made a breakthrough that could revolutionise heart surgery by replacing electronic pacemakers with a biological equivalent.
Fresh Levies on Hospital Equipments, Accessories
Hospital equipment including linear accelerators that are used in cancer treatment, will now attract special additional duty. Certain medical equipment and accessories that were previously exempted from duty have now…
Hope for heart with drug-coated stent
A new breakthrough in the treatment of coronary artery disease promises to reduce the need for open heart bypass surgery. Medical scientists have come up with a drug-coated stent which, once inserted after clearing a…
Medtronic announces first implant of fourth generation heart failure device
Meditronic, Inc. announced the first implant of the InSync Marquis system, the company’s fourth generation heart failure device and its second to treat patients who also need the protection of an implantable defibrill…
Wipro buys GE Med’s IT arms for $6m
WIPRO has made its first acquisition, albeit a small one. And contrary to popular expectations, the acquisition is in the healthcare and life sciences segment and note in software services.
Wockhardt surgeons use new method to remove artery for bypass
India’s first bypass surgery using endoscopic radial artery harvesting was performed by cardiothoracic surgeons at Wockhardt Heart Hospital at Mulund, Mumbai. This surgery is a new revolutionary technology for removin…
Fresenius to increase LVP capacity
Fresenius, which commenced Indian operations in 1996, has managed to corner 12 per cent market share in four years. Analysts say the inability of the largest Large Volume Parenteral ( LVP ) manufacturer to maintain th…
India needs 35,000 dialysis machines, it has only 1,000
It is a country where an estimated 20 lakh suffer kidney afflictions every year. Of which, 10% are put on dialysis or need to have their kidney transplanted. And, the numbers, according to nephrologists, are alarmingl…
Indian Healthcare Industry To Grow At 13 per cent : CII Study
India’s healthcare industry is expected to grow by around 13 per cent a year for the next 6 years, according to Confederation of Indian Industry (CII).
Industry News Page 1 of 2
Ahmedabad Medical Disposables Manufacturers’ signs MoU with Italian Cluster, CONSOBIOMED
Industry News Page 1 of 2
Plastic waste offer profitable means of disposal
Industry News Page 2 of 2
ENGINEERING and construction conglomerate, Larsen & Toubro (L&T) has decided to tap the global medical equipment market in a big way. This would be achieved mainly through offering contract manufacturing to foreign co…
Industry News Page 2 of 2
HMD launches disposable syringes for diabetics
ISO 9002 to surgimedik
Mumbai based Surgimedik was established in 1997 to manufacture and market medical devices in the field of Urology, Gastroenterology, Radiology, Nephrology and Gynaecology. Surgimedik received ISO 9002/EN 46002 accredi…
TTK Healthcare plans to export artificial heart valves
Chennai-based TTK Healthcare Ltd, part of the diversified TTK Group, buoyed by the encouraging performance of TTK-Chitra Heart Valve Prosthesis in the domestic market, is now firming up plans to export these heart val…
Idleinventory.com Signs Partnership Agreement
medisourceasia.com & medicalplasticsindia.com
Industry News Page 1 of 2
India needs to step up its efforts in the field of healthcare by improving the state of its medical equipment, instruments, devices and software, according to the Confederation of Indian Industry. The summit, with Ger…
Industry News Page 1 of 2
Medtronic sets up graft unit in Baroda for 100% export
Industry News Page 1 of 2
United Nations Industrial Development Organization (UNIDO) has identified Gujarat as an important cluster location for Pharmaceuticals and Medical Devices Industry. A number of support activities will be carried out b…
Industry News Page 1 of 2
Rehabilitation of the heart is nothing but the restoration of the heart to its normal state, after an attack or infection. This is achieved by the reduction of all the risk factors like diet, stress, exercise and by p…
Industry News Page 1 of 2
The Indian unit of US-based healthcare major, Becton Dickinson, would invest $ 30 million to hike production at its plant in India, and said it was open to acquiring healthcare companies in the country.
Industry News Page 2 of 2
The Mohali-based Adonis Medical Equipments Pvt Ltd plans to launch its new product C-Arm by the end of the year. It aims to bring different types of products with conventional technology (economical) and high frequenc…
Industry News Page 2 of 2
According to him, the company aims at marketing 1.5 million bags by March 2000, which is expected to bring in Rs.7.5 crores. The global demand is around 70 million
Industry News Page 2 of 2
Innoval Medical India, a Chennai-based blood bag manufacturer, is planning to come out with its Initial Public Offer (IPO) shortly. The company has proposed to enter into production of intravenous and blood transfusio…
Industry News Page 2 of 2
Apollo Hospitals group is forming a joint venture with Parkway Hospitals group of Singapore to set up psuper-speciality hospitals outside India and Singapore. Apollo Hospitals group chairman Prathap C Reddy said that…
Portal on Medical Technology adn Markets in Asia Launched
The site medisourceasia.com is aimed at creating a virtual techno-commerical information resource for medical devices / equipment manufacturers, pharmaceutical companies, marketing companies and users including hospit…
Heart lung machine (hlm) and heart surgery in india
The cost of surgery at India’s top heart hospitals has been scaling new heights. Most of the costs in open heart surgery are accounted for by the consumables, surgical equipments that are disposed of after single use.…
AMTZ and Kyrgyzstan Government Sign MoU for Medical Equipment
Andhra Pradesh MedTech Zone (AMTZ) has inked a Memorandum of Understanding (MoU) with the Kyrgyzstan government for the supply of medical equipment.
Concept Medical Receives US FDA IDE Approval for MagicTouch AVF Indication
The approval covers the use of MagicTouch AVF for stenotic lesions of arteriovenous fistulas.
Hindustan Syringes Launches Dispojekt to Reduce Needlestick Injuries
Company aims to capture 60-70% of disposable syringes market in India.
Kerala Emerges as a Medical Device Manufacturing Hub
Kerala is slowly emerging as a manufacturing hub for medical devices, thanks to a clutch of local entrepreneurs who have made the state their base for this highly advanced industry.
India Allocates Rs 5,000 Crore to Pharma-MedTech Research and Innovation
New Delhi: In a move towards advancing research and innovation in the pharmaceutical and medical technology (Pharma-MedTech) sector, the Ministry of Finance announced the Promotion of Research and Innovation in Pharma-MedTech.
ATMED Launch Event: A Historic Moment for Tamil Nadu's Medical Device Sector
Chennai, August 26, 2023 - The medical device industry in Tamil Nadu witnessed a significant milestone as the Association of Tamil Nadu Medical Device Industry (ATMED) was officially inaugurated on August 26, 2023, du…
HMD Reaches Milestone of Supplying 500 Million 0.5 ml AD Syringes to Govt for Covid Vaccination
Hindustan Syringes & Medical Devices Ltd (HMD), one of the leading manufacturers of Disposable Syringes in the World and possibly the largest for Auto Disable syringes on Monday, 11th Oct has achieved another mileston…
Goldstab Organics Expands Capacity with new state-ofthe-art Calcium/Zinc Based PVC Stabilizer Plant
Goldstab Organics Pvt. Ltd. has a stated commitment to the sustainable development of PVC industry. Demonstrating this commitment, Goldstab has made significant investments in a worldclass manufacturing plant for the…
Nu-Vu Conair Pvt. Ltd. Opens A New Factory In Ahmedabad
Nu-Vu Conair Pvt. Ltd., one of the leading manufacturers of Plastic Auxiliary Equipment in India inaugurated its new fabrication facility in Ahmedabad on 8th Aug 2019. This facility houses ultra-modern fabrication mac…
Landmark Public-Private Partnership MoU Inked
AiMeD & Invest India sign a momentous MoU aimed at making India a global manufacturing hub for medical devices and components
Tekni-Plex Announces $15 Million Investment in New China Manufacturing Facility
New facility supports Tekni-Plex's continued commitment to global supply network
Centre To Notify Revised Schedule M III For Medical Devices By June End
Following strong representation from the medical devices industry, the Centre has agreed to align Schedule MIII with IS/ISO 13485 by delinking it from Schedule M for Pharma. The revised Schedule MIII will be notified…
Separate Rules To Spur Medical Devices Sector Soon
In lines with the prime ministers ‘Make in India Campaign’, the department of industrial policy and promotion (DIPP) has identified medical devices as one among the top five sectors having good investment potential in…
100% FDI for Medical Devices Under ‘Automatic Route’ Now
The government has now allowed 100 per cent FDI under automatic route in medical devices sector to encourage manufacturing of equipments, including diagnostic kits and other devices. “Easing of norms for medical devic…
ASEAN Countries Could Be The Next Emerging MedTech Markets
Thanks to a large population, rising middle class, and increasing healthcare spending, the 10 countries that make up the Association of Southeast Asian Nations are gaining attention from medical device makers.
BASF Functional and mechanical components for insulin pen
These medical elastomers can replace thermoset rubber used for tiny plunger tips or seals that prevent drugs in the tube or barrel of the syringe from flowing backward as the plunger is depressed. Their good COF also…
Biomedical Waste Causes 10-15% Infections Among Public In AP
The biomedical waste generated from hospitals causes 10-15 % infections in Andhra Pradesh, revealed a survey released by Multipurpose Awareness Society in Hyderabad.
Experts Miffed Over Delay In NIPER Campus In Gandhinagar
Even after almost seven years since it received the Union Cabinet nod and land allotment by the state government, the National Institute of Pharmaceutical Education and Research (NIPER) campus at Gandhinagar in Gujara…
Interventional Cardiac Devices Market To Reach $6.93 Bn In 2020
The Interventional Cardiac Devices Market, estimated $1.49 billion in 2013 is likely to reach $6.93 billion in 2020, according to an analysis from Frost & Sullivan.
Key Country Assessments
Thailand : With a population of 67 million Thailand shares borders with Malaysia, Burma, Laos, and Cambodia. Per-capita healthcare spending in Thailand increased from $73 in 2002 to approximately $220 in 2013. The gov…
Pharmexcil to establish warehousing facility in Nigeria
The Pharmaceuticals Export Promotion Council of India (Pharmexcil), is planning to establish a warehousing facility in Nigeria to support Indian exporters in Africa.
Sourcing from ASEAN Countries
Half of the global elderly population lives in Asia, and that share will rise to more than 60% by 2050. In Southeast Asia, the percentage of people over age 65 will more than quadruple by 2050. As people age they have…
D&C Rules On Labeling Norms, Shelf Life Of Medical Devices
The Centre is expected to further streamline the medical devices sector by suitably amending the norms on labeling, qualification for supervision of manufacturing of devices, quality standards and shelf life under the…
Design Clinic Scheme For Medical Devices Industry by NID (National Institute of Design)
Medical Devices being one of the important sectors with high potential for import substitute and exports, MSMEs in India have been able to achieve great success in creating breakthrough products.
Ferromatik Milacron India’s New Milestone - Dispatch of 7001st Injection Moulding Machine
Leading Injection Moulding Machine Manufacturer Ferromatik Milacron India has set up a new Milestone for Injection Moulding Machinery Industry by handing over its 7001st Injection Moulding Machine on 28th January, 201…
Government Of India Ministry Of Micro, Small & Medium Enterprises NATIONAL AWARD - 2011 Quality Products in Micro & Small Enterprises Plastic Medical Disposables
Ltd., Ahmedabad in recognition of Manufacturing outstanding Quality Products in “Micro & Small Enterprises” category (Plastic Medical Disposable) awarded by Ministry of Micro, Small and Medium Enterprises, Government…
Govt Boosting Innovation By Encouraging R&D Investment
Ref: Page No. 18, Chronicle Pharmabiz Feb. 14, 2013
Life Sciences And Medical Devices Sector In India: Highlights
(Sector Highlights By Frost And Sullivan Prepared For Panel Discussion On “Right Opportunities And Best Practices In BRIC Markets”)
Plastics Consumption To Increase In Healthcare & Pharma Sectors
Fuelled by increasing level of plastics usage in pharma, healthcare, automobiles, consumer packaging and impact of increased infrastructure spending, the plastics industry is set to double per capita consumption in th…
China's Packaging Industry Luring Indian Companies
Indian Pharma Industry Keen On Innovative Packaging
Mr. Arvind Mehta Inducted In Council Of International Plastics Association Directors (CIPAD)
Council of International Plastics Association Directors (CIPAD) is an international association which represents 64 plastics Association Directors acting in 49 countries from five continents and strives to maintain pe…
Pharmexcil To Represent India Pavilion At Arab Health 2013 In Dubai
In order to showcase the robust Indian pharmaceutical industry and also to strengthen relationship with other countries for export, the Pharmaceuticals Export Promotion Council of India (Pharmexcil) will participate i…
Pharmexcil To Sign MoU With Japanese Industry Association Soon For Furthering Export Trade
The Pharmaceutical Export Promotion Council of India (Pharmexcil) is planning to sign a Memorandum of Understanding (MoU) with the Japanese pharma industry association with an aim to further improve India’s export tra…
Association Of Indian Medical Device Industry
After years of trying to be heard the GHTF (Global Harmonising Task Force) has been disbanded. They had lots of good ideas about levelling the medical device regulatory playing field but national interests have eventu…
Ferromatik Milacron India Promotes 2 to Leadership Posts
Company veterans Divgi, Bhalavat to help guide ongoing growth April 18, 2011 – Ferromatik Milacron India Ltd. (FMIL), India’s No. 1 injection molding machine manufacturer, has promoted two individuals to key leadershi…
Gujarat: Leading The Medical Device Sector In India
Some of the challenges faced by the companies when doing business in Gujarat is the lack of skilled manpower, over dependence on manual processes or lack of automation, high cost of power, increasing cost of manpower…
Gujarat: Leading The Medical Device Sector In India
Apart from being hailed as the pharmaceutical hub of the country, another sector that is fast caching up the frenzy of this industry-friendly state is the medical device sector. Suja Nair shirodkar taps the latest in…
HLL Lifecare Steps Into Retailing Of Medical Devices
PUBLIC sector HLL Lifecare Ltd, which is emerging as a full-spectrum healthcare company beyond its mainstay portfolio of contraceptives, has ventured into the retailing segment to sell medical devices and essential dr…
India, Canada To Launch R&D Projects In Biotech, Medical Devices
Under the Canada-india Agreement for Scientific and Technological Cooperation aimed at fostering joint Research and Development (R&D) projects, the two sides will launch R&D projects in all areas of biotechnology incl…
Indian Medical Devices & Bio-Pharma players to Visit Tel-Aviv-Israel
Customized program as per the interest areas of Indian participants
Johnson & Johnson to buy synthes for $21.6 B
J & J is to buy Swiss medical devices makers synthes Inc. for 19 billion Swiss Francs ($21.6 Billion) in its largest ever buy boosting its orthopedic business.
PC Working Group Recommends Rs. 6256 Cr To Strengthen Drug Regulatory System
The Working Group of the Planning Commission (PC) on drugs has recommended a total financial outlay of Rs. 6256 crore for strengthening the drugs and regulatory system, including that in the states and creation of a s…
Pharmaceuticals export promotion council
(Set up by Ministry of Commerce & Industry, Govt. of India)
Plümat Acquires Colpitt BV
Plümat is focussed on the design & manufacturing of form fill seal systems for pharmaceutical solutions, whereas Colpitt is a well established specialist for the supply of production equipment for disposable container…
Solvay Advanced Polymers and Secant Medical Announce marketing partnership in biomedical fabrics
SOLVAY Advanced Polymers, LLC, a Solvay Specialty Polymers Company and global supplier of high-performance polymers, along with Secant Medical, LLC, a leading manufacturer of custom biomedical textile structures for m…
Stanford Brings Affordable Medical Innovation To India Through Collaborative Design
A BONE DRILL is a nasty-sounding device that looks like something you'd find on the shelf at Home Depot. You wouldn't want to see one coming at you, but if you needed one, you'd likely be in such bad shape that you wo…
BD Looking For New Growth Avenues In Emerging Markets, And India
The company, having established its plant in 1995 in India is looking for new growth avenues in emerging markets, and India. Its first office in the country was set up in 1995. BD’s India revenues, which topped $100 m…
Cost Advantage Of Imported Medical Devices Against Domestic Players Rose By 20% Last Year: AIMED
The cost advantage of the medical devices imported from overseas as against the Indian manufacturers has increased up to 20 per cent in the last one year owing to various fiscal policies and, affecting both the Indian…
Requirements For The Regulatory Control Of Medical Devices In India
In India import, manufacturing, sale and distribution of Medical devices is regulated under Drugs and Cosmetics Act and Rules. At present, Medical Devices notified by Central Government are regulated under the said Ac…
Small Hospitals Need Cheaper Devices
With rising healthcare costs, citizens of both emerging and developed economies are increasingly looking at affordable and accessible medical care. This, in turn, has led to a surge in demand for costcompetitive medic…
Trivitron Inks Pack With IIT Madras To Set Up Biomedical R&D Centre In IIT Campus
The Chennai-based medical devices manufacturing company, Trivitron Health care Ltd, has signed a Memorandum of Understanding with IIT Madras to set up a Centre of Excellence for Biomedical Research & Development and D…
Ahmedabad Likely To Get First National Medical Device Centre
The $2-billion Indian medical device sector is set to get a push with the Centre considering setting up the country’s first National Centre for Excellence for Medical Devices in Ahmedabad.
Aptar Pharma gears up to increase presence in India with a range of nasal & pulmonary devices
Aptar Pharma India Pvt Ltd, a drug delivery device major is gearing up to increase its market presence in the country with its range of pulmonary and nasal drug dispensing products.
Association of Indian Medical Device Industry
Standards Up-date BS EN Publications BS EN 455:- Medical gloves for single use. BS EN 455-4:2009 Requirements and testing for shelf life determination.
Boston Scientific Launches iCross Coronary Imaging Catheter
Boston Scientific Corporation has launch of its iCross Coronary Imaging Catheter, a product designed to improve the deliverability of the company's market-leading intravascular ultrasound (IVUS) technology, the iLab U…
Centre Makes Use Of Auto Disable Syringes Mandatory In Govt. Hospitals From April 2009
The action came in the wake of nationwide study conducted by the IndiaCLEN Program Evaluation Network on behalf of the Ministry of Health and World Bank, entitled ‘Assessment of Injection Practices in India’ in 2002-0…
Commerce Ministry Extends DEPB Scheme Withdraws Reduction In DEPB Rates
Owing to the tremendous pressure exerted by the exporting community in the country, the Union commerce ministry has extended the DEPB (duty entitled passbook) scheme till December 31, 2009. Moreover, the ministry has…
DCGI Discontinues WHO-GMP Certification
The Drugs Control Society of India (DCGI) has taken a decision to discontinue issuance of WHO-GMP certificate for both pharma products and plant audits. The decision comes in the wake of objection raised by the World…
DCGI Office Confuses Exporters Over Issuance Of WHO-GMP Certificate
Utter confusion and lack of coordination seem to prevail in the office of DCGI over the issuance of WHO-GMP certificates for the exporters. While DCGI Dr Surinder Singh categorically stated some days ago that there is…
DuPont Opens Integrated Knowledge Center In India
DuPont India, a subsidiary of US-based science-based products and services company DuPont, has opened its integrated knowledge centre - DuPont Knowledge Centre (DKC) - at Hyderabad to provide basic discovery research…
Ethicon introduces new packaging for Biopatch to improve ease of application for patients with catheters
Ethicon, Inc, a Johnson & Johnson Company, announced that Biopatch Protective Disk with CHG (chlorhexidine gluconate) will include new design elements and updated packaging to make it easier for surgeons, nurses and o…
Medical Technology Industry Should Unite To Leverage Growth Potential: Experts
The Indian medical devices industry which is growing at the rate of around 50 per cent per annum has immense opportunities to leverage in the near future, provided the stakeholders and the government meeting the exist…
Separate Norms For Medical Devices Soon
The government has decided to bring separate quality guidelines for medical devices such as stents, catheters, orthopaedic implants and heart valves by end of May.
US FDA Alerts Healthcare Professionals Not To Share Insulin Pens & Cartridges
The US Food and Drug Administration issued an alert to health care professionals reminding them that single-patient insulin pens and insulin cartridges should not be used to administer medication to multiple patients…
Zonal Offices of CDSCO May Be Grated Powers For Issuing Licences Under CDA
The Centre may tone down the much-criticised provision of issuing manufacturing licences only by a cetralised agency based in Delhi under the proposed Central Drug Authority of India, by empowering the zonal offices o…
Asian Healthcare Sector To Beat US
The combined incremental demand for healthcare, in dollar terms, in five Asian countries - China, India, Japan, Korea and Singapore could exceed the US by 2015, led by rising income, increased medical tourism and agei…
BD India keen to work with Union govt to train inspectors on medical devices
CMS Computer Ltd., is a leading IT solutions provider in the country with 8000 + professionals worldwide offering wide range of solutions and services across various verticals in strategic IT consulting, Networking, T…
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-…
Cardiac Completes Certification For HeartCentrix With NextGen
Cardiac Science Corporation, a global leader in advanced cardiac diagnosis, resuscitation, rehabilitation, and informatics products, said it completed certification for its HeartCentrix ECG informatics software with N…
CCE Software develops two new solutions for Pharma ERP and Medical Rep Management
Welch Allyn, a leading global manufacturer of medical diagnostic equipment and a complete range of digital and connected solutions, announced that the company has launched a new range of FlexiPort blood pressure cuffs…
Centre allots Rs 630 cr for medicinal plants cultivation covering one lakh hectares
About one lakh hectares of land will be covered under medicinal plants through direct financial assistance by the year of 2011-12 under the centrally-sponsored scheme of national mission on medicinal plants at a total…
Conference Theme For Next Delhi IPC: “Regulation For Better Healthcare”
The next Indian Pharmaceutical Congress (IPC), scheduled to be held in Delhi from December 12 to 14 under the aegis of Indian Pharmacy Graduate Association (IPGA), will have ‘Pharma Vision 2020: Regulations for better…
DCGI to establish multi-level complaint redressal system to address industry grievances
The Drug Controller General of India (DCGI) will soon put in place a multi-level complaint redress mechanism including a grievances box to be manned and opened personally, in a bid to mitigate the irritants of the ind…
Fees For GMP Certification, Hike Of all Other Fees Likely Once CDAI Starts Operations
Setting up of the Central Drug Authority of India may prove 'too heavy' for the pharmaceutical industry in the country with the proposal to have a flat increase in the present fee structure and introduction of a new f…
Fresenius Net Income Surges By 24% In 2007 At Euro 11,358 Million
Fresenius Group, a health care group with international operations, providing products and services for dialysis, hospital and outpatient medical care, has reported net profit growth of 24.2 per cent during the year e…
Govt. To Finance Center Of Excellence For Medical Textiles
The South India Textile Research Association (SITRA) based in Coimbatore has been identified by the Union Ministry of Textiles as the center of excellence for production of medical textiles products.
Gujarat To Bolster Healthcare Sector
Gujarat is now looking for upgradation of healthcare sector in the state to provide better social life. For the purpose, the state plans to introduce Public Health Act to streamline the health sector and address the e…
India Can Emerge As Med Equipment Mfg Hub Soon
Experts in the medical equipments are of the view that India can emerge as an alternative destination to China in the field of medical equipment and devices manufacturing if the central government extends the right im…
India No More Hot Offshore R&D Centre
Few companies will look at India as their destination for offshore R&D centres in the next 18 months. In fact, there is already a sort of slowdown in the number of such units being set up in the country. From 75 new o…
India To Emerge Leading Pharma Market Of The World
Indian pharmaceutical industry, which has grown at 1.5 to 1.6 times the growth of the economy over the past couple of years, is well positioned for sustainable growth and expansion. The industry has grown at a CAGR of…
Johnson & Johnson Eyes Larger Pie of Orthopaedic Market
In a bid to grow its presence in the Indian orthopaedic devices market, US healthcare giant Johnson & Johnson (J&J) is planning to roll out India-specific devices.
Marck To Enter Malaysia, S’pore & Indonesia Markets
The Ahmedabad based Pharmaceutical company Marck Biosciences Ltd. is all set to foray into the Far East countries like Malaysia, Singapore and Indonesian markets by the end of June 2008. The company is planning to off…
Medical Devices Regulation Bill Proposes Penalty Provisions Against Defaulters
The draft Medical Devices Regulation Bill, 2006, aimed at regulating the medical devices market, has proposed for classification of devices in relation to the risks and penalties for non-compliance with safety, regist…
Medical Equipment Cos Ask Govt To Bring Down Import Duty To 5% In Union Budget
Medical equipment manufacturers and providers have jointly sought a reduction in import duty on medical equipments in the Union Budget 2008-09 for the benefit of industry and patients.
Productivity Council finds 40% SSI units shut due to enforcement of GMP norms
To make the inspections and other related activities in the country more frequent and foolproof, the US FDA may soon establish its offices in Delhi, Mumbai and Hyderabad in India. According to sources, the proposal to…
Spurious drugs bill to be moved in next session of parliament
The Union health ministry will put on fast track the much delayed Drugs and Cosmetics (Amendment) Bill, 2005, stipulating stricter penalties for manufacturing and selling spurious drugs and will move the bill in the f…
US FDA revises communication regulation to drug companies on applications
(Ref: Chronicle Pharmabiz dated 12 July 2008)
AIOCD To Float 10 State Wise Pharmacy Retail Chain Cos By 2008
The All Indian Origin Chemists and Distributors Ltd. (AIOCD), the company floated by All India Organisation for Chemists and Druggists (AIOCD), is planning to float 10 state wise pharmacy retail companies by January 1…
Alcon India Launches AcrySof ® Restor® Lens
ALCON India, recently launched AcrySof® Restor® lens, which is unique technological innovation that can provide quality vision throughout the entire visual spectrum.
Bayer's New Contour TS Blood Glucose Monitor Launched
It eliminates miscoding errors which could put people with diabetes at clinical risk
BD Medical Launches Pro-safety IV Catheter To Help Health Workers
BD Medical, a segment of BD (Becton, Dickinson and Company), a leading global medical technology company, has launched the Venflon pro- safety IV catheter with safety features against needlestick injury. The product i…
Bilcare Receives US Patent For 3 Products
Bilcare Ltd. has obtained a patent in the USA for its pharmaceutical grade metalised thermo-formable composite films.
Borealis Develops Polypropylene BH34MO For Pail Packaging
Borealis, a leading provider of innovative, value creating plastics solutions, with more than 40 years experience in the polyethylene (PE) and polypropylene (PP) business, has created a unique opportunity for pail pac…
Centralised Licensing With Inadequate Staff May Lead To Delay In Granting Product Licences
Pharmaceutical companies in the country may have to cope with serious delays in getting their applications for drug licenses cleared once Central Drugs Authority (CDA) of India is formed. Such delays in the initial ph…
Centre Plans Authority To Regulate Collection, Storage Of Blood
The Central government is planning to create a regulatory framework called Blood Transfusion Authority on the lines of FDA to monitor various aspects like blood collection, storage and distribution. A suitable legisla…
Chemists Check Competition With BP
In an attempt to counter the threats posed by big pharma retail chains, chemist stores across the country have rolled up their sleeves and initiated a series of steps to match the offers promised by big chains.
Corona Cardiac Cathlab
Tender loving care Hospital visits can be harrowing experiences, but thanks to Design Directions, this cardiac system is not only full of mind boggling science, but it also offers impressive comfort. Although by no me…
DBT Initiative To Assess Quality Of Medical Devices
The Germany based Cinvention AG, a leading technology company focusing on a nano-composite materials in biomedical applications is pitching on drug eluting stents market globally.
DBT Invites Joint Proposals From Indian, German Scientists
In order to facilitate collaborations between Indian and German scientists, the Department of Biotechnology (DBT) has invited proposals in the area of biotechnology under the national funding programme.
Fresenius Kabi India On Expansion Spree
Fresenius Kabi India, a wholly-owned subsidiary of Germany-based Fresenius Kabi, has decided to aggressively expand its operation both through organic and inorganic routes. The more than Rs 100-crore company, based in…
Fresenius Kabi To Push Up Parenteral Volumes
The Pune-based Fresenius Kabi India Pvt. Ltd, a wholly owned subsidiary of the Germany-based Fresenius Kabi AG, is planning to expand its operations in India both through organic and inorganic means. Now more than a R…
Fresenius Medical Picks Up Majority Stake In Taiwanese Dialysis Firm
Fresenius Medical Care AG & Co. KGaA continues to expand in Asia. The company announced the acquisition of a 51 per cent equity interest in Jiate Excelsior Co. Ltd. (Excelsior) in Taiwan. With a market share of approx…
GE, Eli Lilly To Collaborate In Vitro Diagnostics For Cancer Treatment
GE Global, Research, the General Electric Company’s centralized research and development organization, and GE Healthcare have entered into a three-year collaborative research agreement with Eli Lilly and Company to di…
GE Healthcare To Augment Product Dept Capability
Global medical diagnostic major GE Healthcare will be increasing its product development capability and manpower strength in the country shortly.
Govt Plans Regulation Of Retail Pharmacies
The government is planning to tighten the norms for transporting, storing and selling medicines in the country even as big corporate houses are opening retail pharmacy chains and the existing ones get corporatised.
Heart Connect
(Ref : The Economic Times dated March 2, 2007)
Hindustan Syringes To Invest Rs 100 Cr
Disposable syringe manufacturer Hindustan Syringes and Medical Devices (HMD) will invest up to Rs 100 crore in the next three years for expansion and expects the surge in demand for its products to fuel the top-line t…
HSBC PE (Asia) Fund, ePlanet To Invest US$ 11 Mn In Trivitron
Trivitron, India's leading medical technology company, has announced a significant investment of US$ 11 million, by a wholly owned subsidiary of the HSBC Asian Ventures Fund 2 Limited advised by HSBC Private Equity (A…
Indian Pharma Machinery Makers Go For Overseas Tie-Ups For Growth
The pharmaceutical machinery manufacturing industry in the country, with more than 600 players of various sizes, is all set for a major boom with several domestic players prefer to either set up a joint venture compan…
Indian Pharmacopoeia To Ink With European Counterpart
The Indian Pharmacopoeia Commission (IPC) is moving closer to tie up with the European Pharmacopoeia, an umbrella body for 34 nations, aiming an observer status and reap more gains in the international spectrum.
IPR Comes With New Hi-tech Medical Waste Disposable Plan For Hospitals
Hospitals may soon be able to dispose off medical wastes in an eco-friendly manner using a new technology.
Jubilant Organosys Bags Golden Peacock Global Award 2007
Jubilant Organosys has bagged the coveted Golden Peacock Global Award (2006-07) for "Excellence in Corporate Governance". The award is given by the World Council for Corporate Governance, UK, annually, to companies th…
Labelling Committee Moots Country Wise Code For Drug Exports
The sub committee for labeling of drugs set up by DCGI is considering to incorporate a country wise code number on the labels of exporting products to ensure quality compliance and perfection in each consignment. The…
Legislation Promotes Healthcare IT Infrastructure and Patient Data Safety across Europe
Legislation is promoting the development of healthcare IT infrastructure, while supporting efforts to enhance patient data privacy and security across the European healthcare spectrum.
Marck Biosciences In Talks With US Cos For Site Transfer
Marck Biosciences is talking to several US based pharma companies for a site transfer deal, through which it can undertake contract manufacturing of small volume parenterals and injectibles at its facility in Gujarat.
Marck Biosciences Plans Global Expansion
Aimed to achieve the target turnover of Rs 100 crore in 2007-08, the Ahmedabad-based Marck Biosciences Ltd, a leading manufacturer of parenterals, said the company would expand its presence in global markets.
Medical Devices Being Marketed Without Regulations, Safeguards In India
India still does not have a comprehensive set of rules for the manufacture and marketing of medical devices despite their increasing therapeutic in human bodies for several years. The Central Drugs Standard Control Or…
Medical Devices Like Stents, Catheters May Be Notified As Drug
More medical devices may fall under the category of drug in the country as the subcommittee, formed to set up standards for 10 notified medical devices, plans to recommend the authority to notify devices including ort…
Metha Short Stem For Young Arthritis Patients
Bbraun India launched Metha Short Stem - new hip implant with modular neck option to reconstruct anatomical hip joint on August 19, 2007 at P D Hinduja National Hospital, Mumbai. Dr. Sanjay Agarwala, Joint Replacement…
Omnicell Inc Buoyant About Expansions In India, Assessing Healthcare Sector
The $169 million, Omnicell Inc., a NASDAQ listed global major in healthcare technologies, has identified India for its offshore software initiatives in product development, testing and support. The company is assessin…
Philips Identifies India For Medical Equipment Biz
PHILIPS has identified India along with China and Japan to grow its medical equipment business in the Asia Pacific region.
Polymed Medicure Eyeing US Market
Medical device manufacturer Polymed Medicure is eyeing the US market, making it the first Indian company to do so. Once the company’s plant in Faridabad gets USFDA approval, it will start exporting four medical device…
Polymed to buy US co for $20 million
DISPOSABLE medical device manufacturer Polymed is set to acquire an US based medical device company for around $18-20 million. It is learnt that the company is now in the final stages of negotiations and conducting th…
Scientists Harness Mysteries Of Brain
(Ref : Economic Times dated November 30, 2006)
Service Tax On Contract Manufacturing In Excise Free States Likely Soon
Union Finance Ministry may impose a service tax on contract manufacturers in excise free state zones, it is learnt. The move to levy service tax on this group of companies in the context of heavy losses of excise duty…
Sterling Hospital To Invest Rs. 120 Cr in Surat & Rajkot
Sterling hospital is going to invest around Rs. 120 crore in setting up hospitals at Rajkot and Surat. It is also planning to expands its existing hospital in Ahmedabad, and upgrade a hospital it recently acquired in…
Time Technoplast To Set Up Medical Devices Unit In Baddi
The Mumbai-based Time Technoplast, a technology based company, is setting a new manufacturing facility of disposable medical devices at Thane near Baddi.
Toray Industries Introduces Water Purifier For Dialysis In India
Toray Industries Inc. Japan, global leaders in organic synthetic technology, polymer chemistry and biochemistry materials, is introducing the Torayvino polysulfone hollow fibre membrane filter water purifier for dialy…
Transasia Bio-Medicals Signs An Agreement With Grifols
Transasia Bio-Medical Ltd. has signed an agreement with Grifols, Spain to exclusively distribute its range of instruments and reagents in the field of transfusion medicine in the Indian market. Through this partnershi…
US FDA Nod For Baxter's Colleague Infusion Pump
Baxter Healthcare Corporation has received clearance from the US FDA on its Colleague infusion pump 510(k) pre-market notification. The company is preparing to modify pumps currently in the market and will soon submit…
World's 1st 3D ICU Ventilator Launched
Trivitron, in association with Hamilton Medical AG, a Swiss manufacturer of 'intelligent ventilators' launched Hamilton G5, world's first 3D ICU ventilator in India. The new Hamilton G5 ICU ventilator is focused on im…
Axa Sets Up IV Fluids Facility At Roorkee
Axa Parenterals Ltd. is setting up a new sterile manufacturing facility at Roorkee in Uttaranchal for manufacturing sterile formulations. The plant will start production within two-three months.
Bioengineered Tissue Repairs Damaged Knee Cartilages
A new study by scientists at the University of Bristol, UK has found that knee cartilage injuries can be effectively repaired by tissue engineering, and that osteoarthritis does not stop the regeneration process.
Centre Extends Application Deadline For Import, Registration of Medical Devices to June 29
The Union ministry of health and family welfare, which came out with the guidelines for licensing of import and manufacture of medical devices with a deadline of sixty days with effect from March 1, 2006, has now post…
Chemists Prescribe Retail Pill For Survival
Unorganised pharmacists n the country growing @ 8-9%/yr
Govt To Spend Rs 360 Cr On Health Regulator
National Drug Authority, Modelled On USFDA, To Improve Quality Of Drugs & Clinical Trials
Health Ministry's Guidelines For Import, Manufacture of Medical Devices Effective From March 1
The Union ministry of health and family welfare has come out with the guidelines for licensing of import and manufacture of medical devices in India. The guidelines for the devices including Cardiac Stents, Drug Eluti…
Hindustan Latex To Open Hospitals
Public sector Hindustan Latex plans to set up low-cost hospitals, particularly in northern India, to promote good quality reproductive health services.
HLL to venture into vaccine manufacturing, sets sales target of Rs.1000 cr by 2010
Hindustan Latex Limited (HLL), the largest contraceptive manufacturing PSU in the country, is venturing into manufacturing and marketing of vaccines, nutraceuticals and natural products segments within a year with an…
Imported Non-Sterile Medical Devices Meant For Sterile Use Need Mandatory Registration
The Central Drugs Standard Control Organisation (CDSCO) has made it clear that all imported non-sterile medical devices, if meant to be used as sterile devices in the country, are subjected to mandatory registration.…
India, Germany Plan Mutual Recognition of GMP Certification
India is likely to sign an agreement with Germany on mutual recognition of Good Manufacturing Practices (GMP) certification for drug manufacturing units. A high level delegation is currently on a visit to Germany to w…
India's First Indigenous Drug Eluting Stent Receives CE Approval
Sahajanand Medical Technologies (SMT) has received CE approval (Conformité Européenne), an authorisation certificate, for qualification for the sale of Infinnium in European community and many other countries in the w…
Indian Biotech Industry To Touch US$ 5 Billion Mark By 2010
In India, the biotechnology industry is fast emerging. Over the last two decades, India has developed adequate infrastructure and trained manpower in modern as well as classical biotechnology. This is primarily due to…
Indian Medical Transcription Is Back In The Pink
It was almost a cottage industry in the 90's, only to lose steam in 2000. But if you though the medical transcription (MT) industry in India is history, think again. Latest studies reveal that it is raring to take off…
Indigenous DES Yet To Consolidate
Even after 50,000 angioplasts being conducted every year in India, the country's indigenous drug eluting stents (DES) industry is still struggling to consolidate its position in the market.
Korean Co Nuga Medicals Enters Indian Market
The Korean medical and health equipments manufacturer and medical service provider, Nuga Medicals Co. Ltd., has entered into Indian market with an exclusive collaboration with a Mumbai based company named Nuga Best Th…
Medical insurance is growing at a clip of 30% a year but further opening of the sector to foreign direct investment and a tariff-free regime may well provide a booster dose
Until about five year ago, PSUs were offering health insurance as part of their product portfolio under the brand name Mediclaim. With the government opening up the sector to private players, such companies as ICICI,…
Medtronic new product for diabetics
US-based medical technologies company Medtronic has launched a product, which combines insulin pump with continuous glucose readings and trend graphs. MiniMed Paradigm Real-time Insulin Pump and Continuous Glucose Mon…
Millipore India Invests Rs 25 Lakh For Lab-On-Wheels Project
Millipore India has invested Rs 25 lakh for a lab-on-wheels project. The mobile lab is an initiative of Millipore India, Eppendorf and Micro Devices Metrohm. The state-of-the-art lab-on-wheels and is expected to visit…
More Than 10k Transcriptions Required Each Yr
The $250-million medical transcription (MT) industry in India is on a roll.
MV Hospital Completes Study of Low Cost LCT Device
The Chennai based MV Hospital for Diabetes and Diabetes Research Centre has completed clinical study on a low cost Liquid Crystal Thermography (LCT) device, evolved in the research collaboration between the UK based B…
NABH Plans Quality Standards For Blood Banks, Medical Imaging Services
The National Accreditation Board for Hospital & Healthcare Providers (NABH), set up by Quality Council of India (QCI), is planning to extend its services into the accreditation of blood banks, medical imaging services…
NBI To Begin Testing of Medical Devices
Even as the government directives for the quality testing of medical devices that were recently notified as drugs are yet to materialize, the National Institute of Biologicals (NBI), Noida, has announced its intention…
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…
Plastindia Foundation:
New Team of Office Bearers for the term 2006 – 2009
"Regulation Will Help Growth of Medical Devices Sector In India"
In an interview with Nandita Vijay of Chronicle Pharmabiz, Milind Shah provides an overview of the sector and says that regulatory approval for medical devices has to be made mandatory in India. Excerpts:
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.
Solvay Upgrades Facility In India
Brussels based biopharma major, Solvay group has decided to expand and upgrade its facilities in Panoli in Gujarat.
Space Hospitals To Widen Telemedicine Services Throughout India
Space Hospitals Ltd., a Chennai based telemedicine service provider, is planning to widen its services to the remote areas by connecting more hospitals and satellite medical centres throughout the country.
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.
UL Pitching To Be India's Authorised Certification Company For Medical Devices
The Centre has initiated a dialogue with certification organisations including UL India Private Limited, an affiliate of the US based underwriters Laboratories Inc, for appointing an authorised certification company f…
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…
What is the size of the medical devices that Medtronic Inc and Medtronic India are targeting globally and nationally respectively?
The medical devices market is showing a double-digit growth. The cardiac devices alone are growing at 20 per cent. In India, the growth of the market is estimated to be between 10-15 per cent. There is a clear indicat…
AMO To Launch New Ophthalmic Products In India
Advanced Medical Optics India Pvt. Ltd, the Indian arm of the US-based global ophthalmic medical device leader, Advanced Medical Optics Inc. (AMO), is expanding its market presence in India by launching new products a…
Apollo Health Signs MoU With SBI For Financing Apollo Clinics Franchises
Apollo Health & Lifestyle (AHLL), a wholly-owned subsidiary of Apollo Hospitals, on Friday said it has signed an MoU with State Bank of India to offer term loans to its franchises.
Auto Disable Syringes : Hindustan Medical Devices (HMD) Tie Ups With Pharma Multinationals
Hindustan Medical Devices (HMD), the lone domestic manufacturer of auto disable (AD) syringes, is currently on a deal signing spree with many of the pharma multinationals and some of the domestic pharma companies for…
Cardiac Stents Without Approval
Recent media reports about the use of unapproved cardiac stents on heart patients in Mumbai's JJ Hospital have brought to light the pathetic state of regulatory control on medical devices in the country. Maharashtra F…
DGFT Eases Import Norms For Medical Items Not Covered Under Drugs Act
According to a recent notification, DGFT has amended section 2.50 of the Handbook of Procedures to clarify that "DGFT may also issue, on application, Free Sale and Commerce Certificate for export of items not covered…
Diabetes Related Foot Amputation Rise To 50,000 A Year In India
India has the largest number of diabetic patients in the world with latest figure crossing 33 million and out of that as many as 50,000 patients losing their legs every year according to a latest study made by Diabeti…
Diagnostic Reagents And Kits : GMP Norms
The diagnostic reagents and kits manufacturers of the country will soon have to comply with a fresh set of Good Manufacturing Practices norms being finalised by the central government. The GMP norms will specify the r…
DTAB Nod On Medical Device Control On August 2
The Central Government is likely to bring in amendments to Drugs and Cosmetic Rules within three months to arm the Central Drugs Standard Control Organisation (CDSCO) to regulate the entire range of medical devices ma…
EU Model Systems For Medical Devices With BIS Fixing Approval Standards
The Central Government is likely to come out with a European Union model regulatory system for medical devices that are manufactured or marketed in the country. The highlight of the proposed system is that it will ent…
Fresenius to invest Rs 10 crore in Pune Facility
Fresenius Kabi India Pvt Ltd, a wholly owned subsidiary of Fresenius Kabi AG, Germany, is planning to increase its presence in the country in a big way. The company is in the process of upgrading its manufacturing fac…
Fresenius To Upgrade I.V. Fluid Units To European Standard
Fresenius Kabi, the European leader in infusion and nutrition therapy, which has strong market presence in emerging markets including India, would upgrade its manufacturing facilities all across the world to European…
GE Healthcare Launches High Definition Magnetic Resonance (HDMR) System In India
GE Healthcare, a division of General Electric Company, launched in India the High Definition Magnetic Resonance (HDMR) system. This breakthrough technology, which was introduced in the US in December 2004, features fi…
'Half Of The Drug Eluting Stents Used In India Lack Adequate Trial Data'
Maharashtra FDA’s recent decision to ban Drug Eluting Stents (DES) without international quality certifications stirred up a controversy in the country on the safety and quality aspects of DES used in the country. Inc…
IHF lists 50 hospitals as India's medical tourism destinations
The Indian Healthcare Federation (IHF), a grouping of private hospitals, diagnostic centres, medical equipment manufacturers and pharmaceutical companies, is to hand over a list of 50 hospitals, spread across 15 citie…
'India- A $300-m Medical Device Market'
About the size of Indian Market for medical equipment.
India to outrun China in 15 years : Deutsche Bank study
Over two millions people will be participating in clinical studies in India by that time.
IPA, Bilcare Sign MoU For Packaging
The Indian Pharmaceutical Association (IPA) and Bilcare has signed a Memorandum of Understanding (MoU) to promote innovations in packaging, informed a press release.
IVTPL launches latest DES-COSTER for coronary heart disease
IVTPL (Interventional Technologies Pvt. Ltd.) has launched COSTAR, the latest generation drug eluting stent (DES), to treat Coronary Heart Disease (CHD). COSTAR is a product of ConorMed USA. The product makes use of "…
Korean company to set up Asia's largest cord blood bank in India
Korea's leading stem cell research company Histone, in participation with the government of India, is planning to set up Asia's largest cord blood bank in the country. The company, which is is also scouting for a pote…
Mah FDA Order May Hit Domestic Stent Makers
The Maharashtra government's directive making it mandatory for manufacturers of drug eluting stents (DES) to produce USFDA and CE certification to market their products in the state will hit Indian manufacturers badly…
Manipal Edu. And Medical Group (India) Signs MoU with German Company For Hospital Waste Management
Manipal Education and Medical Group (MEMG) has signed a memorandum of understanding (MoU) with Deuttsche Gesellschaft fur Technische Zusammenarbeit (GTZ), Germany, to set up a first of its kind state-of-the-art 'centr…
Medical Architecture : IIA Forming Standardised Guidelines
Just when experts are propagating the importance of accreditation and standardisation of healthcare institutes, the Indian Institute of Architects (IIA) has mooted the proposal of forming standardised guidelines in me…
Medical Devices Bill : Before Parliament Soon
The draft Bill seeking to introduce a regulatory system for medical devices used in clinical applications will be introduced in the parliament soon. The Bill with certain key provisions, was discussed by the Drug Tech…
Medical Packaging : DuPont P&IP to market authentication technologies
Health Ministry plans 50 testing labs in 3 years The Ministry of Health & Family Welfare has launched a major initiative to set up 50 state-of-the-art drug testing laboratories across the country within three years. W…
Medtronic To Market Endeavor DES in India
Medtronic has received CE Mark (Conformité Européenne) approval fro the commercial sale of the Endeavor DE Coronary Stent with the Rapid Exchange Delivery System. Endeavor is claimed to be the first Cobalt Alloy drug…
Motherson To Acquire German G+S
Delhi based Motherson Sumi Systems Ltd has reached an agreement with German insolvency administrators to acquire a running plastics injection molding company, G+S Kunststofftechnik Gmbh (G+S), located near Stuttgart i…
NGO Launches Nationwide Campaign Against Unapproved Medical Devices
Public Response Against Helplessness and Action for Redressal (PRAHAR), a Delhi based non-governmental organisation, has launched a multi-city campaign 'Making Cardiac Care Fair' against implant of 'life threatening i…
NID Develops Safe Storage Device For Vaccines
Are you one of those people who acquired a disease despite being vaccinated against it? Chances are, the vaccine given to you was not stored at the right temperature.
Nirma acquires Core Healthcare's IV fluids business
ARCIL a securitisation and reconstruction company acquired 60 per cent (Rs 380 crore) of CHL's total borrowing of Rs 650 crore (principal amount) about a year and a half ago. The sale is, however, subject to approval…
Nirma Close To Sealing Core Deal
Seven months after it announced its intent to acquire ailing Ahmedabad based Core Healthcare's intravenous fluids and medical devices business, FMCG major Nirma is learnt to be close to be wrapping up the deal for a l…
Nirma to shell out Rs. 300 Cr. for Core Healthcare acquisition
FMCG major Nirma is expected to shell out around Rs 300 Crore for the acquisition of Ahmedabad-based Core Healthcare, the largest intravenous (IV) fluids manufacturer in the country. Though a memorandum of understandi…
Paramedical & Physiotherapy Councils Bill - 2004 : Physiotherapists Find Not Acceptable
Opposing Government's initiative to club physiotherapy with paramedical council, physiotherapists across the country have demanded a "Physiotherapy Council of India".
Relisys To Initiate Int'l Registry For New Version DES
The Hyderabad based Relisys Medical Devices is initiating an international multi-centre registry to create data on its new version of Drug Eluting Stent (DES). The new version consists of a cobalt-chromium stent, coat…
SIS to consolidate Indian operations
Surgical Information Systems (SIS) to consolidate its Indian operations based at Hyderabad and signs up with new clients globally to be supported from its India development cum support centre.
SSI Ministry rejects plea for further reviews of Schedule M modification
Doubling exports to create 1cr. jobs The government today sought to play the employment generation card as part of the Foreign Trade Policy, claiming it was a highly labour intensive sector. Commerce minister Kamal Na…
Sterilization Plant For Medical Products Ready To Take Off
Maharashtra's first and Indai's second Gamma radiation sterilization plant in the private sector, for radiation sterilization of medical products and spices coming up at Ambernath in Thane district of Maharashtra, wil…
Telemedicine Network Linking 30 Private Hospitals In TN Taken Off
Four Chennai-based hospitals, in association with the Space Hospitals, a division of Space Computers and Systems Ltd., are jointly establishing a dedicated telemedicine network linking private hospitals in remote area…
What are the basic matters that have to be considered while framing the rules to regulate stents?
The device should go through safety animal data, human safety trials, efficacy trials and should be submitted to the regulatory authority seeking approval. The regulatory authority must check the data and decide wheth…
Win Medicare launches hepatonorm analyzer for detecting liver diseases
Delhi Based win Medicare (P) Ltd has introduced Hepatonorm Analyzer, a novel product to detect Hepatic Encephalopathy - a disease that occur due to acute liver diseases, such as liver cirrhosis in India.
Wockhardt lines up three hospital projects
"We have acquired land in Pitampura and plan to set up a 225-bed hospital in the Capital with an investment of about Rs 100 crore," he said.
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. The cost of implementin…
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…
Bharat Scans turns hi-tech
PREDICTIVE and diagnostic medicine have emerged as direct spin-offs to the healthcare boom.
Docs See jackpot in medical tourism
You don’t need to break a hip to come to India.
For Sector To Take Off, Legislation And Infrastructure Need To Be In Place Medical tourism can spin a dollar dream
It is tourism with a difference: healthcare or medical tourism. This is an area that Indian can have an edge in provided it is developed well. According to a McKinskey report, medical tourism can fetch up to $2bn. How…
Govt. to keep a close watch, on healthcare delivery
CONSUMERS can now hope to get better quality treatment as hospitals across the country would soon be required to adhere to some common basic quality standards for healthcare delivery. After months of rhetoric, the gov…
Healthcare just got an energy shot
Call the doctor, he's well within earshot. When and X-ray appears fuzzy, or a diagnosis is too skeletal, there's a whole aid kit waiting to be dug into right here.
India Excels with software for handicapped
Product launchers are par for the course at information technology fairs but you don't expect anything spectacular at a sarkari show where ministers gather to talk what ministers talks about IT. But the Asia IT minist…
India's Healthcare is thriving 'privately'
Here is a shocking piece of information : In terms of public spending on health, India ranks 171st out of 175 countries. In contrast, it ranks an impressive 18th in terms of private spending on health. It is hardly su…
India turns to Gulf to sell healthcare services
With UK failing to live up to initial promise of a fertile ground for attracting patients for Indian healthcare service providers, attention is now shifting to the Middle East. A CII delegation of top corporate hospit…
Indian Healthcare Federation (IHFC) To Launch Country's First Accreditation System For Healthcare Institutions
Indian Healthcare Federation (IHCF). The apex body of healthcare service providers in India, is about to launch the country's first accreditation system for healthcare institutions. IHCF is working closely with US bas…
Law For Medical Devices
Secondly, a registry of all medical devices and equipments available in the market should be prepared. There is no such list of the number and type of products with the government. A key responsibility of the new regu…
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 provide…
NASA to collaborate with Indian bio-medical Industry
National Aeronautic and Space Administration (NASA), USA, is looking for collaboration with Indian Industries in order to transfer its spin-off technologies, especially in the bio-medical field, for the benefit of the…
Penny Pinches
Why do life saving procedures cost a bomb? The rising costs of quality healthcare pinch hard, especially when given the general income levels in the country. While choosing where you want to get treated, knowing what…
Pharmaexcil action plan to be in by April
Pharma bodies of the likes of the Bulk Drug Manufacturers Association (BDMA), Organisation of Pharmaceutical Producers of India (OPPI), Indian Pharmaceutical Association (IPA), and Indian Drug Manufacturers Associatio…
Polar Pharma to make equipment
Polar Pharma India Ltd., part of the Rs.
Virtual autopsies may replace need for scalpels one day
Chicago: In the not-too-distance future, autopsies might be performed using computerised scanning rather that scalpels if research led by a Swiss forensic pathologist bears fruit.
BARC develops new technologies for hazardous waste processing
The Bhabha Atomic Research Centre (BARC) has developed new technologies for waste processing at the Waste Immobilization Plants (WIP). The technologies developed after sustained R&D efforts are planned to be used at t…
CBI's export development programme for Indian Medical Device Companies
CBI is an agency of the Netherlands Ministry of Foreign Affairs, under the responsibility of the Minister for Development Co-operation. 12 Indian Companies are currently being supported by CBI under the CBI’s export d…
Cochlear Implant : Indian ENT Surgeon Develops a Low Cost Hearing Device
There are 40 million people in India who are deaf, however, they too can hear if they undergo a ‘Cochlear Implant’ (CI) surgery.
GE Medical Systems launches fastest functional imaging workstation
GE Medical Systems South Asia has introduced Xeleris, one of the industry’s fastest functional imaging workstation available in the world. Xeleris is designed to become the productivity hub of nuclear medicine and pos…
Govt plans IT standards for healthcare units
ACCESS to quality healthcare in rural areas could soon be a reality if a new government initiative fructifies. The ministry of communications and IT is in the process of developing standards for digital information ac…
Hospital Consultancy And Management : Apollo Hospitals Spreading Wings
Corporate healthcare major Apollo Hospital is steadily spreading its wings across projects management. The focus is on project consultancy and management of a hospital, promoted by other parties. Apollo Hospitals play…
Implantable device to help monitor organ function
Health experts are of the opinion that tiny implantable devices may be used to track organ function in the near future.
Indian Healthcare Industry: Rising change In Attitude By Middle Class
ARISING middle in come group and a change in attitude to-wards healthcare is driving the growth in the Indian healthcare industry.
Invitro Fertilisation (IVF) Technique : Specialists Getting Patients From the Country And Abroad
Invitro-fertilisation (IVF) procedure, long believed to be a rarity, has slowly gained popularity reflected in the increasing number of women opting for this procedure, with IVF specialists getting patients from the c…
Ischemia Albumin Blood (IMA) Test : USFDA Clearance To Market The Albumin Cobalt Binding (ACB) Test
Pharmacopoeia Commission to be set THE long-awaited Indian Pharmacopoeia Commission (IPC) is likely to come into being in April. The health ministry has moved a Cabinet note proposing setting up the IPC with an initia…
LIFE-SCIENCES INDUSTRY: India tipped to be bio-IT leader, says IDC
The growth of bio-IT spending within India’s life sciences industry is set to increase at a compounded annual growth rate of 65 per cent to touch $120 million by 2006, according to an IDC report.
Medical Tourism : Hospitals, Maharastra State Govt Team Up To Lure Medical Tourists
Dengue Detection Kit : CHPL tie-up with Panbio, a world leader in dengue detection kits CHPL has a tie-up with Panbio, a world leader in dengue detection kits, and is the first company in India to make available the k…
Stents : Quality Control Is A Must (A Report By the Forum For Medical Ethics )
A forum for Medical Ethics study indicates that a frighteningly large number of doctors makes their prescriptions based on kickbacks rather than quality. The government, meanwhile, does not even pretend to regulate th…
The Indian healthcare sector and budget 2003-04
NEW DELHI: Following is the full text of Indian Finance Minister Jaswant Singh's address to Parliament while presenting the federal budget for fiscal 2003-04:
The Indian healthcare sector and budget 2003-04
Re cognised as a knowledge-based industry with great export potential
UL India offers safety certification for equipment vendors
. UL India, an affiliate of Underwriters Laboratories Inc. (UL Inc., USA) is confident that, by the end of this year, at least 50 medical equipment vendors would utilize its services in certification for product safet…
Unicondylar Arthroplasty : A New Technique of Surgery For Knee Joint
The joint replacement surgery unit (JRSU) at the Civil Hospital, Ahmedabad, India has introduced Unicondylar Arthroplasty – a new technique of surgery – which requires changing of only a part of knee joint for early o…
Apollo Hospitals to double bed capacity in three years
Healthcare major Apollo Hospitals Group is planning to double its beds capacity over the next three years through the franchisee route rather than invest its own money.
Baxter enters into marketing pact with Wockhardt
After acquiring the parenteral intravenous business of Wockhardt Lifesciences, medical products and services major Baxter, now plans to enter into a strategic marketing alliance with Wockhardt. The objective will be t…
Baxter’s Wockhardt buy could spur consolidation, feel LVP manufacturers
Baxter International’s reported interest in acquiring the intravenous fluid business of Wockhardt Life for a consideration of Rs.120 crore has sparked a new hope for consolidation among manufacturers of large volume p…
Baxter to kick-start operations at Manesar plant
Baxter India, the Delhi-based IV solutions provider, in its move towards consolidating its position in the IV fluid segment in the country, is all set to kick start operations at its plant at Manesar, near Delhi, that…
Bharat Serums to market B Braun’s products in India
Mumbai-based Bharat Serums and Vaccines (BSV) has entered into a three-year marketing agreement with Germany-based medical products company B Brtaun to market the latter’s range of selected IV solutions in India, exce…
Breakthrough in bio pacemakers
Scientists in the United States have made a breakthrough that could revolutionise heart surgery by replacing electronic pacemakers with a biological equivalent.
Fresh Levies on Hospital Equipments, Accessories
Hospital equipment including linear accelerators that are used in cancer treatment, will now attract special additional duty. Certain medical equipment and accessories that were previously exempted from duty have now…
Hope for heart with drug-coated stent
A new breakthrough in the treatment of coronary artery disease promises to reduce the need for open heart bypass surgery. Medical scientists have come up with a drug-coated stent which, once inserted after clearing a…
Medtronic announces first implant of fourth generation heart failure device
Meditronic, Inc. announced the first implant of the InSync Marquis system, the company’s fourth generation heart failure device and its second to treat patients who also need the protection of an implantable defibrill…
Wipro buys GE Med’s IT arms for $6m
WIPRO has made its first acquisition, albeit a small one. And contrary to popular expectations, the acquisition is in the healthcare and life sciences segment and note in software services.
Wockhardt surgeons use new method to remove artery for bypass
India’s first bypass surgery using endoscopic radial artery harvesting was performed by cardiothoracic surgeons at Wockhardt Heart Hospital at Mulund, Mumbai. This surgery is a new revolutionary technology for removin…
Fresenius to increase LVP capacity
Fresenius, which commenced Indian operations in 1996, has managed to corner 12 per cent market share in four years. Analysts say the inability of the largest Large Volume Parenteral ( LVP ) manufacturer to maintain th…
India needs 35,000 dialysis machines, it has only 1,000
It is a country where an estimated 20 lakh suffer kidney afflictions every year. Of which, 10% are put on dialysis or need to have their kidney transplanted. And, the numbers, according to nephrologists, are alarmingl…
Indian Healthcare Industry To Grow At 13 per cent : CII Study
India’s healthcare industry is expected to grow by around 13 per cent a year for the next 6 years, according to Confederation of Indian Industry (CII).
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Ahmedabad Medical Disposables Manufacturers’ signs MoU with Italian Cluster, CONSOBIOMED
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Plastic waste offer profitable means of disposal
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ENGINEERING and construction conglomerate, Larsen & Toubro (L&T) has decided to tap the global medical equipment market in a big way. This would be achieved mainly through offering contract manufacturing to foreign co…
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HMD launches disposable syringes for diabetics
ISO 9002 to surgimedik
Mumbai based Surgimedik was established in 1997 to manufacture and market medical devices in the field of Urology, Gastroenterology, Radiology, Nephrology and Gynaecology. Surgimedik received ISO 9002/EN 46002 accredi…
TTK Healthcare plans to export artificial heart valves
Chennai-based TTK Healthcare Ltd, part of the diversified TTK Group, buoyed by the encouraging performance of TTK-Chitra Heart Valve Prosthesis in the domestic market, is now firming up plans to export these heart val…
Idleinventory.com Signs Partnership Agreement
medisourceasia.com & medicalplasticsindia.com
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India needs to step up its efforts in the field of healthcare by improving the state of its medical equipment, instruments, devices and software, according to the Confederation of Indian Industry. The summit, with Ger…
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Medtronic sets up graft unit in Baroda for 100% export
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United Nations Industrial Development Organization (UNIDO) has identified Gujarat as an important cluster location for Pharmaceuticals and Medical Devices Industry. A number of support activities will be carried out b…
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Rehabilitation of the heart is nothing but the restoration of the heart to its normal state, after an attack or infection. This is achieved by the reduction of all the risk factors like diet, stress, exercise and by p…
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The Indian unit of US-based healthcare major, Becton Dickinson, would invest $ 30 million to hike production at its plant in India, and said it was open to acquiring healthcare companies in the country.
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The Mohali-based Adonis Medical Equipments Pvt Ltd plans to launch its new product C-Arm by the end of the year. It aims to bring different types of products with conventional technology (economical) and high frequenc…
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According to him, the company aims at marketing 1.5 million bags by March 2000, which is expected to bring in Rs.7.5 crores. The global demand is around 70 million
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Innoval Medical India, a Chennai-based blood bag manufacturer, is planning to come out with its Initial Public Offer (IPO) shortly. The company has proposed to enter into production of intravenous and blood transfusio…
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Apollo Hospitals group is forming a joint venture with Parkway Hospitals group of Singapore to set up psuper-speciality hospitals outside India and Singapore. Apollo Hospitals group chairman Prathap C Reddy said that…
Portal on Medical Technology adn Markets in Asia Launched
The site medisourceasia.com is aimed at creating a virtual techno-commerical information resource for medical devices / equipment manufacturers, pharmaceutical companies, marketing companies and users including hospit…
Heart lung machine (hlm) and heart surgery in india
The cost of surgery at India’s top heart hospitals has been scaling new heights. Most of the costs in open heart surgery are accounted for by the consumables, surgical equipments that are disposed of after single use.…