Healthcare

MoEFCC’s Import Policy on Refurbished Devices Alarms MedTech Industry The PHD Chamber of Commerce and Industry (PHDCCI) and the Association of Indian Medical Devices (AiMed), in alliance with the Manufacturers of Imaging, Therapy and Radiology Devices Association (MITRA), the Association of Diagnostic Manufacturers of India (ADMI), and key stakeholders from the MedTech industry, held a press meet at PHD House to discuss serious concerns regarding recent Office Memorandums issued by...

From Local to Global: Aligning Indian Medical Manufacturing with International Standards In an exclusive digital dialogue hosted by mojo4industry titled "From Local to Global: Aligning Indian Medical Manufacturing with International Standards," industry experts gathered to discuss India’s journey towards becoming a global hub for medical device manufacturing. The event focused on the importance of aligning Indian practices with international standards, ensuring both global competitiveness and enhanced patient safety. WATCH this explosive...

Sahajanand Medical’s Supraflex Cruz gets TGA Australia approval SMT (Sahajanand Medical Technologies) announces that its flagship drug-eluting stent (DES), Supraflex Cruz, has received approval from the Therapeutic Goods Administration (TGA), Australia. The TGA is a part of the Australian Government Department of Health, and it’s a regulatory authority for therapeutic goods in Australia. The Supraflex Cruz DES is designed to treat patients suffering from coronary artery disease by delivering a combination...

“Medical Devices Exclusion from India-EU FTA Essential in National Interest” India needs a “tit-for-tat” policy to ensure that its manufacturers can compete on a level playing field, writes Rajiv Nath, Forum Coordinator, Association of Indian Medical Devices Industry (AiMeD). As India and the European Union (EU) engage in negotiations for a Free Trade Agreement (FTA), there is growing concern over the potential inclusion of medical devices in the final deal of...

SMT Wins CONSIP 2-Year Tender to Supply Hydra TAVI Devices to All Hospitals Sahajanand Medical Technologies Ltd. (SMT) has secured a significant achievement by winning the Italian national CONSIP tender, a 2-year contract to supply its Hydra Transcatheter Aortic Valve Implantation (TAVI) devices to all hospitals across Italy. This milestone is a crucial step in SMT’s ongoing efforts to improve patient care through advanced medical technologies. The Hydra TAVI, known for...

Why Quality Control Important in the Biomedical Industry? The Indian medical devices market is estimated to be worth USD 11 billion and is expected to grow to USD 50 billion by 2030, with a projected 10-12% global market share over the next 25 years. As the industry embarks on this ambitious growth trajectory, quality control will remain a critical factor. The biomedical industry is at the forefront of healthcare innovation, developing...

Healthium Medtech appoints Sudeep Dhariwal as Group CFO Healthium Medtech has announced the appointment of Sudeep Dhariwal, as their new Group Chief Financial Officer. Sudeep joins Healthium Medtech after a successful stint at Danaher - Cepheid, where he was the Vice President - Finance, for APAC. “As Healthium continues to expand their access to a fast growing Indian and diversified international market, Sudeep will be managing the entire gamut of finance,...

Union Budget 2024 | Reaction from Anish Bafna, CEO and MD, Healthium Medtech The Union Budget 2024-25 sets the foundation for our nation’s unrelenting pursuit towards Viksit Bharat 2047. The announced exemption of customs duties on the three additional cancer formulations is an industry-welcoming move towards patient centricity, easing the financial and socio-economic burden of the disease on patients. Additionally, the detailed changes in basic custom duties on medical equipment...

UNION BUDGET 2024 | AiMeD HAILS VISIONARY BUDGET FOR MEDICAL DEVICE SECTOR | BUDGET REACTIONS The Association of Indian Medical Device Industry (AiMeD) on Tuesday hailed the Union Budget-2024 presented by Finance Minister Nirmala Sitharaman in the Parliament today as visionary and progressive, with the potential to significantly boost the country’s overall economic growth. In a statement, AiMeD Forum Coordinator, Rajiv Nath said, “The Union Budget-2024 is visionary and progressive. It will...

Medical Device Sector - Trending News | FDI | EU Probe | Smart Wearable Devices Today’s headlines are: 1. FDI Relaxation for Medical Device Manufacturing: Exciting news for the healthcare sector as the government eases FDI norms in medical device manufacturing, promising a surge in innovation and investment. This move is set to enhance global collaborations and accelerate the development of cutting-edge medical technologies. 2. EU Probe into Chinese Medical Device Subsidies:...

How to Enhance Precision & Reliability in Pharmaceutical Processes In the pharmaceutical industry, precision and reliability are paramount for ensuring product quality, regulatory compliance, and patient safety. Industrial sensor technology has emerged as a vital tool in achieving and maintaining these standards by providing real-time monitoring, data analysis, and control capabilities throughout the manufacturing process. On this note, mojo4industry conducted a Digital Dialogue on “How to Enhance Precision & Reliability in...

Invite for FREE WEBINAR | How to Enhance Precision & Reliability in Pharmaceutical Processes FREE registration link: https://bit.ly/jumo-9may In the pharmaceutical industry, precision and reliability are paramount for ensuring product quality, regulatory compliance, and patient safety. Industrial sensor technology has emerged as a vital tool in achieving and maintaining these standards by providing real-time monitoring, data analysis, and control capabilities throughout the manufacturing process. On this note, mojo4industry will...

MARPOSS eyes India's thriving biomedical market Today, we introduce Federico Poli, the Biomedical Group Industry Manager at Marposs. Recently, during his visit to Mumbai, he engaged in a candid conversation with Subhajit Roy from the mojo4industry channel. Their discussion revolved around the growing biomedical industry and Marposs's significant role within it. Poli emphasized the expansive nature of the biomedical market, particularly in India, where efforts are underway to foster growth. He...

Advancements in Medical Industry: A Report on Key Developments Today’s headlines are: Omron Acquires Dutch Luscii Healthtech: Expanding Reach in European Market Indian Diagnostic Equipment Market Set to Reach $6 Billion by 2027 CDSCO Approves ErlySign's Oral Cancer Detection Technology for Large-Scale Clinical Trials Gleneagles Hospital Inaugurates Advanced Bi-Plane Cath Lab for Quicker Diagnosis and Safety Watch the healthcare news now! Omron Acquires Dutch Luscii Healthtech: Expanding Reach in European Market Omron, the...

How AI is transforming medical devices industry? Artificial Intelligence (AI) is revolutionizing the medical devices industry, bringing forth significant advancements in healthcare. By integrating AI, the industry is seeing improvements in diagnostics, personalized treatment plans, and patient outcomes. Experts like Rajiv Nath, Managing Director of HMD and Forum Coordinator of AIMED, and Jatin Mahajan, Managing Director of J Mitra & Co, provide insights into these transformative changes. They emphasize the role...