India-Stanford Joint Venture Launched To Create Medical Technology Innovation

India today launched a collaborative venture--Stanford-India Biodesign Programme-- with the US Science and Technology Ministry to create medical technology innovation in India in partnership with Stanford University by developing leaders in biomedical technology...

Govt. Plans Bill On Regulation Of Medical Devices

The Government is contemplating bringing a bill to regulate the manufacture of medical devices in the country.

The Bill, which will be introduced in the winter session of Parliament, is being given final touches by the Ministry of Health, Minister of Science and Technology, Kapil Sibal, said today...

Brand Scheme Scrapping Irks Medical Devices Industry

THE domestic medical devices industry fears that its exports would see a negative growth this year, following the scrapping of the brand-promotion scheme in this year's Exim Policy...

Syringes And Needles Industry : In The Face Of Competition

The Chinese dragon has hit the Indian syringes and needles industry hard in the post-WTO era, creating stiff competition for the industry which is already reeling under strict quality control restrictions and rising costs...

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. The company wants to grow this business in India with its next generation imaging equipment to be rolled out in phases from its global portfolio...

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 is launched in the wake of studies suggesting that over one million needlestick injuries occur every year worldwide...

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. It is investing Rs 35 crore and the commercial production is expected to commerce from October 2007...

Marck Biosciences Plans Foray Into 20 Countries

After ramping up parenterals capacity at its facility in Kheda, Marck Biosciences plans to apply for registration to market its products in South East Asia, North and South America, Europe and Australia...

Opto Circuits To Buy Two Indian Medical Equipment Companies

Opto Circuits (India) Ltd. (OCI), a leading medical equipment company, manufacturing medical diagnostics and cardiac products, has signed share purchase agreements to acquire two Indian medical equipment manufacturing companies, Devon Innovations Pvt Ltd (Bangalore) and Ormed Medical Technology Ltd (Chennai)...

Gujarat FDCA To Provide Status Of Applications Through Website

After completing computerized data management and licensing system throughout the state recently, the Food and Drugs Control Administration (FDCA) of Gujarat is now working on a software device to provide required information for the industry on their various applications...

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 the government has been incurring over the years in excise free zones...