The Pune-based Symbiosis International university, through its constituent institute Symbiosis Center for Health Skills, has partnered Medtronic to launch the Symbiosis Medtronic Experience Center, dubbed as "The TechKnow Verse." This training facility is designed to advance healthcare education, training, and practice, in India. It integrates advanced surgical technology with cadaver-based...
Medtronic Invests Over $350 Million in its India R&D Facility
Several years ago, the Amritt team led by me conducted a detailed analysis for Covidien, a $15 billion medical device company to help them figure how to leverage engineers and scientists from India in the best possible way. Blessed by Joe Almeida, CEO and sponsored by Paul Hermes, CTO, at...
India Boosts Medical Device Industry with New Initiatives
While India’s medical device industry has grown at a steady 14%–15% annually for most of the last decade, it only accounts for 1.5% of the global market. Now the country’s federal government has created a far-reaching policy with the goal of spiking growth to over 20% for the next decade. Read...
Medtronic, Apollo Hospitals To Integrate AI For Stroke Management In India
Apollo Hospitals Group has entered into a partnership with India Medtronic Pvt Ltd, part of global medical technology major Medtronic, to advance stroke management using artificial intelligence (AI) in India, the companies said in a joint statement on Thursday. Through this partnership, Medtronic will help in bringing in stroke technologies, technical...
India Regulator to Review Stent Price Controls
In July 2016, the Government of India decided to cap the prices of drug-eluting and bare-metal stents, and in February 2017, the ceiling price of bare metal stents was set at $108, while the price of drug-eluting stents was set at $442 before taxes, which for some products was a...
Global Healthcare Companies Scout for India Startups
Earlier this year, The India Export reported that Netherlands-based Philips was in the process of creating a venture fund to invest in Indian health-tech startups. And indeed, companies such as Roche, Johnson and Johnson, Pfizer and Medtronic among others, are also scanning India for startups that align with their portfolios....