| 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 Ultrasound Imaging System. IVUS technology enables physicians to see 
detailed images inside the heart and coronary arteries. The company said the 
iCross Catheter would be available immediately in the United States. "Boston Scientific's iCross Coronary Imaging Catheter is a 
powerful tool for visualizing coronary intravascular pathology, especially in 
patients with complex coronary artery disease," said Augusto Pichard, director, 
Cardiac Catheterization Lab, Washington Hospital Center. "The combination of the 
iCross' outstanding image quality and excellent deliverability should help 
physicians better identify lesion characteristics." "This latest advance builds on the success of our existing 
Atlantis SR Pro Catheter," said Hank Kucheman, senior vice president and group 
president, Cardiovascular for Boston Scientific. "We expect that the 
improvements iCross offers to physicians and their patients will help further 
solidify our leadership in intravascular ultrasound." The iCross Catheter features a Bioslide Hydrophilic Coating 
that has been shown in bench tests to provide a 28 per cent improvement in 
pushability in challenging anatomy. Boston Scientific is a worldwide developer, manufacturer and 
marketer of medical devices whose products are used in a broad range of 
interventional medical specialties. (Ref : Chronicle Pharmabiz dated March 23, 2009) Australian Medical Devices Cos Keen 
To Enter Indian Market The medical devices industry in Australia is set to explore 
the Indian market on a big scale by entering into distribution arrangements with 
local companies and also taking up manufacturing at a later stage. While more than a dozen of the Australian medical devices 
companies already commenced marketing operations in India, many others are 
looking for distribution tie ups in the country. Three other companies and two 
major states namely Victoria and Western Australia are exploring the Indian 
healthcare market through the Australian Trade Commission. India's medical 
devices market is placed at Rs 1500 crore. Currently almost 13 companies from the state of Victoria 
alone has shown their interest in exploring the Indian healthcare market, 
informed Gopi Shankar, trade manager, Victorian Business Office India. "Many of these companies have come to India earlier for 
market expansion and some are already in the process of partnering with Indian 
companies. On the other hand, some of these companies are looking for right 
companies to tie-up with," said Gopi Shankar. The establishments which are showing interest are Box Hill 
Institute of Tafe and La Trobe University, a clinical trial management firm - 
PulmoSonix Pty Ltd, imaging firms like Lake Imaging and Voyager Imaging, 
diagnostic firms including Heart Smart Diagnostics and Compumedics. Consultancy 
or management service providers like Matrix Health Pty Ltd, Padghams & Partners 
Pty Ltd and Quality Healthcare Australia Pty Ltd are also planning to partner 
with Indian companies to offer services. Petal Black Clothing, a major supplier of assistive clothing 
for hospitals is looking for manufacturing partners in India for its specialised 
products catering to elderly and those with limited mobility, he added. Similarly, the healthcare companies in Western Australia, a 
state occupying the entire western third of the Australian continent and the 
second largest sub-national entity in the world, are also keen on exploring the 
lucrative Indian medical devices and diagnostics market, said Paresh V Shah, 
trade commissioner, Western Australia Trade Office - India. At present, the A$ 4.75 billion Australian healthcare 
industry is exporting A$1.75 billion worth products, almost 37 per cent of its 
production, informed Vaibhav Kale, business development manager, Australian 
Trade Commission. Individual companies are also sending their representatives 
to hold talks with Indian firms for tie up. Dynek Pty Ltd, a wound care 
management products company and Heat Wheat Pty Ltd, offering natural pain 
management products with a unique moist heat application technology, informed 
that they are looking for setting up its marketing operations in India through 
distribution tie up. The Commission is interested in exploring partnership 
opportunities for pharma companies of Australia, said Kale. He said that the 
companies can also set up their operations in the Australian pharma market 
either through collaborating with a local company or through direct investment. (Ref : Chronicle Pharmabiz dated March 28, 2009) |