U.S. to India: Revise Stance on Capping Med Device Prices

The Government of India has limited retail prices of medical devices such as knee implants and heart stents by up to 75 percent to make them more affordable, but the $5 billion Indian medical-technology industry that includes Abbott Laboratories, Boston Scientific Corp, and Johnson & Johnson, among others, has protested these...

Boston Scientific to Make India its Biggest R&D Hub

Marlborough MA-based  medical devices maker Boston Scientific Corp., plans to make India its biggest research and development location  outside the U.S. where it will develop devices such as stents, catheters and pacemakers at its Gurgaon facility for the Asia Pacific, Middle East and African markets, and roll them out by...

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