Page 3 - Medical Device Industry

Centre notifies scheme for promotion of 'Medical Device Parks'

Centre has taken a key initiative to support the medical devices industry to reach its potential in the coming years under the "Promotion of Medical Device Parks" scheme

Matrix bullish on e-SIM business; to keep focus on medical device vertical

International SIM seller Matrix Cellular is bullish on growth in business due to adoption of e-SIM overseas, and expects 30-40 per cent year-on-year jump as foreign travelling opens up.

Medical oxygen from Honeywell technology has saved 120,000 lives in India

Patented technology of US firm, which tied up with DRDO last month, to save 66,500 more people in July-August

ESRI in talks with govt for tech help in Covid-19 pandemic fight

The purpose is to see if the states and the Centre can use its technology to tackle the issues arising from the pandemic.

Chemists threaten to join lockdown, seek Covid-19 vaccination on priority

The medical devices makers' industry body, too, has written to the NITI Aayog seeking vaccination on priority.

Covid vaccines: Medical refrigerators makers gearing up to meet mkt needs

Leading medical refrigerator makers such as Godrej Appliances, Voltas and Blue Star are gearing up to cater to needs of Covid vaccine manufacturers by enhancing their cooling technologies in view of the requirement to store vaccines at ultra-low temperatures. Such refrigerator companies are also looking to ramp up their production capacity in anticipation of growing demand of new-age medical refrigerators that can preserve vaccines at a temperature of as low as minus 80 degrees celsius. Medical refrigerator manufacturers, which have witnessed a substantial jump in their business after India started the vaccination programme with Covishield and Covaxin, are now open to form tie-ups with the pharma companies that are importing coronavirus vaccines. Godrej & Boyce, part of over USD 4.1 billion Godrej Group and a leading maker of medical refrigerators in India, said it is quite open to collaborate with vaccine makers such as Pfizer, whose Covid vaccine is required to be kept at minus .

'India-US ties in medical device industry has immense potential'

The country's Ambassador in Washington Taranjit Singh Sandhu has said, asserting that the US-India partnership in the key sector could provide a robust supply chain for others

Need to boost production of medical-grade oxygen: PM Narendra Modi

Amid a steep rise in coronavirus cases, Prime Minister Narendra Modi on Friday undertook a comprehensive review to ensure adequate medical grade oxygen supply in the country and called for ramping up its production. With cases hitting a new peak in several parts of the country, the demand for medical oxygen has increased as it is a critical component in the treatment of COVID-19-affected patients. Prime Minister Modi took a comprehensive review to ensure adequate medical grade oxygen supply in the country, the Prime Minister's Office (PMO) said in a statement. Inputs from ministries like health, steel, road transport, and the Department for Promotion of Industry and Internal Trade (DPIIT) were also shared with the prime minister during the review, it said. Prime Minister Modi stressed that it is important to ensure synergy across ministries and state governments, the PMO said. He also took a detailed review of the current situation of oxygen supply and projected use in the coming

Samsung turns old Galaxy smartphones into medical diagnosis cameras

Samsung Electronics is repurposing its old Galaxy smartphones into medical diagnosis cameras to enable greater access to ophthalmic healthcare in India, Vietnam, Morocco and Papua New Guinea.

Ventilator companies scramble for other ways to utilise capacities

Doctors are now shifting treatment protocol for Covid-19 at hospitals and invasive ventilation is not being preferred

Tamil Nadu proposes to set up bulk drug, medical devices parks near Chennai

The bulk drug park is will be located in Tiruvallur district in an artea of 2,000 acres. The proposed cost for developing this project is Rs 2,153 crore

License required to import, manufacture medical devices: CDSCO

Importers and manufacturers require to take licence for the import and manufacture of nebulizers, BP monitoring devices, digital thermometers, and glucometer

Medical device industry suffers up to 85% drop in revenues during Apr-June

Medical technology industry has suffered around 50-85 per cent drop in revenue during April-June with a decline in surgical procedures at hospitals due to Covid-19 situation, industry body MTaI said

Pvt players must help set up bulk drug, med devices pak: Mandaviya

The minister also said India can progress, if health and hygiene are also included in the overall economic development plan

Centre forms a high-level task force on coronavirus vaccine, drug testing

The task force would also form clinical cohorts, which would focus on long-term follow up of the disease and its management

Covid-19: India receives 500,000 antibody testing kits from China

Government has received two types of kits from Guangzhou Wondfo and Zhuhai Livzon to see antibodies in Covid patients

US nearly runs out of emergency stockpiles of medical supplies: Reports

The US has frozen shipment of personal protective equipment outside the country, said media reports

Coronavirus impact: Centre pushes ventilator firms to make 120k units

Manufacturers Navigate Component bottle-necks, tie-up with car-makers to meet targets

Govt approves Rs 13K-crore package to boost bulk drugs manufacture

Industry feels India first needs to tap existing capacity before setting up new drugs parks

Govt approves scheme to boost domestic manufacturing of medical devices

The Union Cabinet headed by Prime Minister Narendra Modi also approved another promotion of medical device parks scheme worth Rs 400 crore for financing common infrastructure facilities