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...
Global Device Makers Form India Group
Some leading research-based medical technology companies, who have made remarkable investments in India, formed an association called Medical Technology Association of India (MTaI) to propel growth in the medical devices sector. Founding members include Johnson & Johnson, Bausch & Lomb, Smith & Nephew, C R Bard, Terumo, Boston Scientific and...
India Ruling Reveals Name of Google J&J Device Venture
A ruling by the Competition Commission of India sheds light on the robot-assisted surgery joint venture between Johnson & Johnson's Ethicon unit and Google. Although the companies have not revealed many details about the project, the India ruling mentions the name of the new company: Warren Robotics. The partners intend...