Industry News
Industry News
AMTZ and Kyrgyzstan Government Sign MoU for Medical Equipment
Andhra Pradesh MedTech Zone (AMTZ) has inked a Memorandum of Understanding (MoU) with the Kyrgyzstan government for the supply of medical equipment.
Kerala Emerges as a Medical Device Manufacturing Hub
Kerala is slowly emerging as a manufacturing hub for medical devices, thanks to a clutch of local entrepreneurs who have made the state their base for this highly advanced industry.
India Allocates Rs 5,000 Crore to Pharma-MedTech Research and Innovation
New Delhi: In a move towards advancing research and innovation in the pharmaceutical and medical technology (Pharma-MedTech) sector, the Ministry of Finance announced the Promotion of Research and Innovation in Pharma-MedTech.
Concept Medical Receives US FDA IDE Approval for MagicTouch AVF Indication
The approval covers the use of MagicTouch AVF for stenotic lesions of arteriovenous fistulas.
Hindustan Syringes Launches Dispojekt to Reduce Needlestick Injuries
Company aims to capture 60-70% of disposable syringes market in India.
Medtronic Appoints Mandeep Singh Kumar Vice President and Managing Director in India
Mandeep Singh Kumar took up the India leadership role in May 2024.
Quadria Invests Rs 850 Crore in Dialysis Firm NephroPlus
Quadria Capital announced a $102 million investment in NephroPlus.
NPPA Revises Coronary Stent Ceiling Prices in Line with WPI Growth
The revised coronary stent ceiling prices took effect in April 2024.
FDI Inflow into Hospitals and Diagnostic Centres Grows 89% in 2023-24
Foreign equity inflow into hospitals and diagnostic centres reached $1.53 billion in 2023-24.