Page 7 - Medical Devices

Top Headlines: Windfall tax review, rising medical devices import and more

India's medical devices imports surged 41 per cent to touch Rs 63,200 crore in 2021-22, led by a 48 per cent year-on-year (YoY) jump in imports from China. Read more in our top headlines

India's rising medical devices imports hurt small and medium units

China accounts for about one-fifth of FY22 numbers; 41% surge overall

Draft Bill 2022 seeks to regulate e-pharmacies and medical devices

Centre also proposes to have an expert group on medical devices

Govt moots regulation of e-pharmacies, trial mishap penalties in new bill

Also, for the first time, regulations for conduct of clinical trials for new drugs and medical devices have been brought under the draft New Drugs, Medical Devices and Cosmetics Bill, 2022

India sitting on 500 million syringe inventory as demand goes down

The government has also cancelled several orders of various manufacturers giving quality reasons

Mandaviya urges industry to boost local production of medical devices

Union minister Mansukh Mandaviya has exhorted the industry to take concrete efforts towards increasing local production of medical devices while stressing that the sector has huge potential for growth

Budget wishlist: Here are the key challenges in health care sector

Health care-focused REITs needs to be encouraged to finance infrastructure

MTaI seeks reduction in GST on medical devices, cold chain units

The organisation noted that the reduction of GST on medical devices and medical cold chain from 12 per cent to 5 per cent would lead to the expansion of the healthcare sector through reduced costs

Managing biomedical waste

Guidelines must be followed in handling Covid-related stuff

Medical device, pharmaceutical units in NCR allowed to use diesel gensets

Factories making pharmaceuticals, medical devices, life saving medical equipment can use diesel gensets to run their plants, said the Commission for Air Quality Management in NCR & Adjoining Areas.

Nearly 33% of India's medical devices capacity lying unused: Industry

Industry faces stiff competition from China as imports from country rise 75% in FY21

Syringe makers urge govt not to restrict export of non-Covid size syringes

The government on Monday imposed export curbs on syringes with immediate effect

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

Centre forms 8-member panel for new Drugs, Cosmetics, Medical Devices Act

Committee will frame draft Bill and submit it by November 30

Abbott profit more than doubles as medical device sales rebound

(Reuters) -Abbott Laboratories' quarterly profit more than doubled on Thursday, due to strength in its diagnostics business and a rebound in medical device sales.

AAP alleges corruption against UP minister in medical equipment purchase

AAP leader Sanjay Singh has complained to police against an Uttar Pradesh minister and some senior officials, alleging corruption in the purchase of medical equipment

Oximeters, BP machines to get cheaper as NPPA caps trade margins at 70%

Earlier margins were as high as 709% for some devices; revised prices will come into effect from July 20

How a smart thermometer is helping fight Covid-19 pandemic in the US

The tech firm, which developed the smart thermometer, is run by an Indian-origin founder

Faulty PM CARES ventilators must be replaced: Maharashtra minister

Maharashtra minister Subhash Desai on Monday said 185 ventilators supplied under the PM CARES fund to Aurangabad district were faulty and need to be replaced.

US component supplies to enable India manufacture 20 mn doses of Covishield

The US on Wednesday said the vaccine components it has supplied to India this week will enable the manufacturing of 20 million doses of the Covishield vaccine