Johnson & Johnson expects growth in hip replacement products, medical devices through 2012

Diversified health care products company Johnson & Johnson expects sharp growth from its medical device units over the next several years, with orthopedic and surgical care products leading the way.

The company expects an average of 6 percent annual growth in revenue from the surgical care unit over the next 4 years, reaching $40 billion in 2012...

Solvay Advanced Polymers Commissions New PEEK Plant in India

Solvay Advanced Polymers, makers of more plastics with more performance has announced that it has commissioned its new commercial PEEK (polyetheretherketone) facility at its site in Panoli, India. The new facility is now in its start-up phase and is running initial commercial production. The plant is capable of producing 500 metric tons annually, and is scalable in design to double capacity to meet demand for Solvay Advanced Polymers’ KetaSpire® PEEK and AvaSpire® modified PEEK products...

Trivitron JVs with intl cos. to set up India's first Medical Technology Park (MTP)

Chennai-based business group Trivitron has roped in international partners to give India her first Medical Technology Park (MTP).

Trivitron, which makes medical technology products, has inked three joint venture (JV) deals with Japan-based Aloka Company Ltd. (the innovator in ultrasound), Biosystems of Spain and Brandon Medical of the UK that would see India, for the first time, produce its own high-end, cost-efficient medical technology products, including critical care equipments...

Medical Devices Made with Tainted Heparin Recalled by Medtronic

Medtronic Inc. is recalling some medical devices because they may be coated with tainted heparin, a drug linked to 81 deaths in the US. The disposable medical devices, used during cardiac bypass surgery, are made with Medtronic's Carmeda BioActive surface, which includes heparin. No injuries have been reported in relation to the Medtronic devices, but the recall underscores the enormous scope of the problems involving contaminated heparin...

Italy-India forum focuses on technology co-operation

Italian Trade Commission (ICE), in association with Federation of Indian Chambers of Commerce and Industry (FICCI), recently organised Italy-India fora at New Delhi and Bangalore. The focus was on co-operation in the form of technology transfer between enterprises, research centres, realisation of joint training projects, and exchange between universities through scholarships. The enlisted speakers discussed exchange of intellectual property with particular reference to the emerging high technology sectors...

Global medical nonwoven disposables market to reach $12 billion by 2010

As per the report titled "Medical Nonwoven Disposables: A Global Strategic Business Report" published by Global Industry Analysts, Inc., Nonwoven disposables are rapidly making inroads into the medical sector, principally driven by growing consumer awareness against spread of infectious diseases such as AIDS and Hepatitis...

German firm invests Rs 110 cr in India

Germany-based medical device manufacturer B Braun has earmarked Rs 110 crore (16 million euros) budget for expanding its operations in India and is targeting a revenue of around Rs 250 crore by 2010.

"We have invested eight million euros (Rs 55 crores) for setting up a manufacturing plant in Chennai and will pump in another eight million euros in expanding its capacity in the next two years," B Braun Vascular System Senior Vice-President Gerd Wacker told PTI...

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-based Safety Syringes Inc., would reduce...

Siemens To Install India's 1st Magnetom Essenza At Aatmajyoti MRI Center

Siemens Medical sSolution will install Magnetom Essenza, a 1.5 Tesla magnetic resonance imaging system (MRI) at Aatmajyoti MRI Center, Surat, also the city's first hi-end, affordable MRI. Surat Manav Seva Sangh (popularly known as Chhayando), a charitable trust has set-up this MRI Center in the premises of New Civil Hospital in Surat...

DES From Abbott Outperforms Market-Leading Stent

Long term data presented for the first time recently from the Spirit III trial, Abbott's US pivotal trial studying the XienceTM V Everolimus Eluting Coronary Stent System, demonstrated that Xience V continues to deliver clinically superior benefits for patients compared to the Taxus® paclitaxel-eluting coronary stent system. In this trail of more than 1,000 patients, Xience V demonstrated a 45 per cent reduction in the risk of major adverse cardiac events (MACE) and a 32 percent reduction in the risk of target vessel failure (cardiac events related to the treated vessel) at two years as compared to Taxus...

FDA Claims To Approve Medical Devices Faster

In a new report, the agency maintains it is now faster at approving applications than in 2002.

In fiscal 2006 the FDA, on average, took 335 days to approve the devices, which range from X-ray machines to syringes, compared with 438 days in 2005...

Essel Propack: Acquisition In Medical Devices

Essel Propack (Mumbai / India; www.esselpropack.com) is strengthening its medical device operations. On 1 April, its US subsidiary Tacpro acquired Catheter & Disposables...

Medical Devices, The Next Big Step For Semiconductor Makers

Semiconductors, silicon chips that run mobile phones, game consoles, photo copiers, television sets and almost all other electronic devices are in search of a saviour-a killer application that can maintain its magic run that began with the personal computer and consumer electronics booms in the 1990s.