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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 impetus and make
necessary changes in its policy.
Engineering excellence, cost effective labour, increasing emphasis on
intellectual property rights and most importantly a fast growing domestic
markets makes large-scale medical technology manufacturing a viable option for
India now. Besides, India has the technical resources, production capability in
terms of quality, cost and delivery to indigenously manufacture and market
medical devices.
With input industries to medical technology sector like electronics,
biotechnology, information technology and sheet metal fabrication booming in
India, the research and production of medical devices and equipment should be
encouraged in the country, Dr. GSK Velu, managing director, Trivitron Group of
companies told Pharmabiz.
With multiple levies on Indian manufacturers like increased customs duty
compared to finished goods import, excise duty and VAT make domestic
manufacturing of medical device and instruments financially unviable. Lack of
clarity in regulations and absence of pricing norms is allowing bigger players
to charge exorbitant prices for their import.
By removing anomalies exemption of excise and VAT on domestic manufactured
goods and providing capital grants and subsidies, the government can assist the
indigenization initiative of this industry, he said. Velu is also the president
of Association of Medical Devices and Suppliers of India.
(Ref: The Chronicle Pharmabiz dated 14, February 2008)
Ecobliss Launches New Packaging Designs For Medical
Products
Ecobliss Pharma Concept has launched a wide range of packaging designs to
meet the growing market for medical products, according to its managing direct
AvPS Chakravarthi.
He said here, "the growing market for medical products call for innovative
and attractive package solutions. The market for non-prescription pharmaceutical
is growing phenomenally. The need for child resistant and senior friendly
packaging is increasing."
Ecobliss uses a pressure sensitive fold-over-card combined with a transparent
blister to create a wide range of packaging designs, such as easy-opening,
reclosable, dispenser and may others. In all Ecobliss packaging, the two
materials plastic and board are always 100% separated after the blister package
has been opened, he revealed.
The death of a toddler in the United Kingdom swallowing iron tablets taken
from his mother's blister pack had led to a new British standard on child
resistant packaging. "The burning need to have a pack that has all the
characteristics saw the evolution of the Ecobliss Pharma Concept," Chakravarthi
said.
Ecobliss was offering a very environmentally friendly blister packaging
technology. Due to the characteristics of the Ecobliss adhesive, the material
parts of all Ecobliss packages can always be 100% separated, eliminating any
possibility of 'contamination' of board to plastic or plastic to board. This
'clean' separation allows consumers to dispose the separated materials of which
the blister package is made in the proper manner.
(Ref: The Chronicle Pharmabiz dated 21, February 2008)
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