Analog Devices Continues to Grow Medtech Footprint in India

Analog Devices India (ADI), a global manufacturer of high-performance semiconductors, has said that it is keen on enhancing its medical-related business in India. “We monitor the Indian market closely, as it is one of the fastest growing in the world, and we continue to build relationships between our medical electronics system experts and key design companies through seminars, training and direct support,” says Tom O’Dwyer, Director of Technology, Healthcare Group, Analog Devices. Through its design center in Bangalore, ADI has worked on some of the new-generation components aimed at healthcare markets, a role that is likely to expand. Read more…

Posted in Components, Contract Services | Add Comment 

India’s Domestic Medtech Manufacturing Champion Sells Ortho Company to Smith & Nephew

UK-based orthopaedic implant manufacturer Smith & Nephew has announced the acquisition of Pune-based Adler Mediequip Pvt Ltd, including the brands and assets of Sushrut Surgicals Pvt Ltd, a leader in mid-tier, orthopaedic trauma products for India. The transaction was made for an undisclosed sum to the Pitre family. The announcement stunned some in the industry, as Sushrut-Adler Group Managing Director Ajay Pitre has been an outspoken champion of domestic medical manufacturing. Read more…

Posted in medical device OEMs | Add Comment 

Nepal Gets Second Telemedicine Centre

The UK-based Swinfen Charitable Trust and Char Bhanjyang Tamu Samaj, a nonprofit social group made up of people from Bhangara, Dadra, Laame and Thanamaula in the Parbat district of Nepal, who currently reside in the United Kingdom, have contributed to the establishment of a telemedicine centre at Thanamaula VDC in a remote part of the South Parbat district of Nepal. Read more…

Posted in Telemedicine, Uncategorized | Add Comment 

Australian Software and Electronics Consultancy Seeks Partnerships with Indian Device Manufacturers

Hydrix Pty Ltd, a software and electronics design consultancy based in Australia, has said that it is open to collaborations with Indian device manufacturers. “We are exploring companies that may be currently developing devices for the local market but intend to expand to international markets and lack the certification know how required for US FDA approval or CE marking,” said Peter Lewis, Director. “Hydrix will provide high-level design support and, in the process, transfer the design-for-manufacture expertise that is required for western markets.” Read more…

Posted in electrical and electronic products and services, Uncategorized | Add Comment 

Cellenium 19 First Indian-Made Haematology Analyser to Receive CE Mark

Trivitron Healthcare, headquartered in Chennai, has announced that its Cellenium 19 is the first haematology analyser designed and manufactured in India to receive CE marking, allowing its sale throughout Europe. This is a significant milestone for India’s medical device industry, as most indigenous manufacturers produce low-value products such as syringes, needles, catheters, blood collection tubes and medical electronics. Read more…

Posted in medical device OEMs, Uncategorized | Add Comment 

Sigma-Aldrich Corp. Expands Global Shared Services Centre in India

Sigma-Aldrich Corp., a supplier of chemical products and kits for high-technology scientific research, recently announced the expansion of its Global Shared Services (GSS) centre in India, which will offer value-added capabilities to drive business growth and accelerate operational excellence. The announcement comes at a time when economic and research-funding uncertainty in the United States and Europe has made customers wary of mature markets. Many are turning to India as a key location for growth.

“India remains a major focus for Sigma-Aldrich,” says Karen Miller, Senior Vice President, Corporate Development and Corporate Communications. “With GSS, we will leverage our capabilities, talent and infrastructure in India to better serve our global customer base.”

Sigma-Aldrich Corp. has made noteworthy Asia Pacific investments during the last few years, including the opening of a packaging facility in Bangalore and a new facility in Wuxi, China, which is now fully operational, and the completion of a new SAFC Hitech precursor manufacturing facility in Taiwan. Read more…

Posted in Logistics, Materials, Uncategorized | Add Comment 

Indian Healthcare Providers Boost Spending on IT

Healthcare providers in India will spend Rs 5700 crore on information technology (IT) products and services in 2013, according to a study published by Gartner Inc., an IT research company. The 7% rise over 2012 is attributed to healthcare providers adding or upgrading internal (including personnel) and external IT, hardware, software and telecommunications. Read more…

Posted in Business report | Add Comment 

Regulatory Conference Explores India’s Economic Future

India’s initiatives to encourage the enforcement of regulations will be central to discussions at the sixth Regulatory Conference of DIA, India. Rajiv Gulati, President of the Global Pharmaceuticals Business at Ranbaxy Laboratories, is scheduled to deliver a keynote address titled, “India, the Upcoming Economy: Encouraging Enforcement of Regulations,” at the two-day event, which runs 5 and 6 April 2013 in Ahmedabad, Gujarat. Other notables scheduled to speak include K. Anand, President, Global Quality and Regulatory Affairs, Zydus Cadila, and Rajiv Desai, President, Quality, Dishman Pharmaceuticals and Chemicals Ltd. Also participating will be the Drug Controller General of India (DCGI), Dr. G. N. Singh, and Zoher Sihorwala, Vice President, Global Regulatory Affairs, Dr Reddys Lab. Read more…

Posted in Regulatory | Add Comment 

India, China Drive Growth in MRI Market

A bright future is forecast for manufacturers of magnetic resonance imaging (MRI) systems selling into China and India, even as some mature markets stagnate or even enter negative territory, according to GBI Research. The business intelligence agency reports that China’s MRI systems market will grow from US$306 million in 2012 to U$574 million in 2018, achieving a CAGR of 9%. India’s market is expected to grow from a value of US$87m to US$148m during the same period, at a CAGR of 8%. By contrast, Germany projects 6% growth and Japan is forecast to achieve a paltry 2% growth. Worse, the UK MRI market is expected to contract by 6% CAGR. Read more…

Posted in Business report | Add Comment 

Medical Technology a Neglected Part of Healthcare in India, Says Zimmer India Managing Director

“Medical technology is critical to improving health outcomes, but it is an often neglected component of healthcare in India,” says Sanjay Banerjee, Managing Director, Zimmer India, in an interview published by MEDTEC Connection. “Medical devices, in particular, need to be considered in a wider context of a complete healthcare package targeting the public health needs of India,” he stresses. Read more…

Posted in Business report, Uncategorized | Add Comment