Kalamazoo, Michigan-based medical technologies firm Stryker Corporation announced the appointment of Meenakshi Nevatia as the new managing director of its India operations. Nevatia will be responsible for building long-term partnerships with industry bodies and government organizations and driving transparency among stakeholders. With the launch of Ayushman Bharat, India's National Health...
Funding for Healthcare Startups Surges in India
Data from Bangalore, India-based Tracxn Technologies shows venture capital investment in home-grown health-tech startups in 2018 is at an all-time high. With continuing investor interest, so far $510 million has been invested across eighty health-tech startups. These investments were led by medicine ordering website PharmEasy, which raised $115 million across...
India Speeds Up Initiatives for Universal Health Coverage
India's federal minister for Health, J.P. Nadda said, "The Health Ministry is working very hard for the effective implementation of Ayushman Bharat, or the National Health Protection Mission, for a healthy, productive, and prosperous India." Ayushman Bharat will provide 500 million individuals comprehensive primary healthcare services as well as secondary and...
India's Ayushman Bharat Healthcare Program to Launch on September 15
Ayushman Bharat, also known as the National Health Protection Mission, that will offer free healthcare for underprivileged citizens of India, will be launched on from September 25, 2018. It will benefit more than 100 million 'poor and vulnerable' families -- at least 500 million individuals, or about 40% of the...
Another Point of View on Medical Device Manufacturing in India
I read an interesting article written by Suresh Vazirani, chairman and managing director of Transasia Bio-Medicals Ltd, where he outlines the pros and cons of medical device manufacturing in India. Transasia is the Indian subsidiary of a European device maker. Vazirani says that designated manufacturing zones for medical devices, the...
India Aims to Streamline Healthcare Systems
With the Government of India's resolve to take healthcare to the last mile, a new wave of opportunities has been created for stakeholders in India's healthcare ecosystem. Lifestyle diseases, a rising demand for affordable healthcare delivery systems, rapid health insurance penetration, and mergers and acquisitions are driving the healthcare market in...