Narayana Health and MSMF team up with BIRAC to set up advanced Med Tech Innovation Centre

The Narayana Health and Mazumdar Shaw Medical Foundation (MSMF) have set up an advanced Med Tech Innovation Centre (MTIC) in collaboration with Biotechnology Industry Research Assistance Council (BIRAC)’s BIONEST. This centre is India's first corporate hospital-based technology business incubator (TBI) for MedTech entrepreneurs working on innovations to address affordability, access and innovation for healthcare challenges...

Poly Medicure to enhance R&D capabilities to deliver high quality medical devices

Poly Medicure, a leading Indian manufacturer and exporter of medical devices, is planning to invest in newer technologies and is enhancing its R&D capabilities to deliver high quality medical devices at affordable prices...

Medical device cos ask DoP to reduce threshold investment limit to Rs. 75 to 90 crore from Rs. 180 crore under PLI Scheme

Medical device manufacturers have urged the Department of Pharmaceuticals (DoP) to consider reducing threshold investment limit in range of Rs. 75 to Rs. 90 crore from Rs. 180 crore for domestic manufacturers in the Production Linked Incentive (PLI) Scheme for promoting domestic manufacturing of medical devices...

Medical device park to come up in Uttar Pradesh

Simultaneously, it is also setting up an electronics park, apparel park, handicraft park and toy park...

New medical device regulations may affect patent filings for medical device inventions in India

The medical device sector is one of the fastest growing industries in India and has witnessed a steady double-digit growth. A study conducted by Deloitte in association with the Indian Health Care Federation revealed that the Indian medical device market is expected to reach the market size of $50 billion by 2025...

On track to produce 177.6 million auto-disable syringes for government by March: HMD

"The front runner COVID vaccines being launched in India would need a 0.5ml AD syringe for intramuscular drug delivery we are informed. In addition to the annual procurement of 300-350 million of these syringes by GoI for the Universal Immunisation Programme, additional orders have been placed on us by the Ministry of Health and Family Welfare," HMD MD Rajiv Nath said...

Haryana set to become hub of medical devices as around 100 industrial units set up plants in the state

Haryana, the erstwhile popular hub of pharmaceutical formulations in the northern part of the country, is now turning out to be the centre of the medical devices industry to manufacture and sell elite medical diagnostic instruments...

Emerging trends in Indian healthcare industry

During this COVID-19 pandemic, the entire healthcare industry is facing issues like sudden demand for personal protective equipment, consumables, medicines as well as medical equipment and simultaneously there is a major decrease in revenues. It has become imperative to find innovative ways to make the industry self-sustaining and back on the growth curve...

A Few Thoughts on Medical Plastics in the Time of COVID-19

COVID, COVID, COVID. As I sat down to write my usual year-end review of plastics in the medical space, that’s what ran through my mind. Of course, there was nothing remotely normal about 2020, thanks to a once-in-a-century global pandemic. In keeping with a most unusual year, I thought it appropriate to forgo the customary top 10 list and share some random reflections inspired by the top medical stories of 2020 on the PlasticsToday site...

Gujarat: Sans central aid, medical device park to take shape

Gandhinagar: The government of Gujarat’s ambitious proposed medical device park at Nagalpar, near chief minister Vijay Rupani’s hometown Rajkot, may have hit a roadblock with the central government not approving financial assistance for the project. However, if sources in the state government are to be believed, the CM has directed officials to go ahead with the project even without financial assistance from the Centre...

National Bio Entrepreneurship Competition sees cutting-edge inventions

Eleven startups and three students won the annual National Bio Entrepreneurship Competition (NBEC) organized in Bengaluru for a series of cutting edge developments and research...