Surat, in the western Indian state of Gujarat, is typically known for the diamond cutting business. The inventor of a laser cutter machine in the 1980s that was widely adopted by local gem cutters, decided to modify the technology to cut metal tubes to make coronary stents. This expertise in manufacturing...
Medtronic Launches Self-Adjusting Pacemaker in India
Medtronic Inc has launched its new cardiac resynchronization therapy-pacemaker, Viva CRT-P which includes AdaptivCRT software in India. The product received a CE mark in May 2014. "The AdaptivCRT algorithm is unique in its ability to constantly adjust and preserve patients’ natural heart rhythms," said Shamik Dasgupta, vice president, cardiac and...
Prospect for Stent Market in India are Upbeat
While Johnson & Johnson’s Cordis withdrew from India, companies such as Abbott Laboratories - Vascular, Boston Scientific Corporation, Medtronic Inc. and other players like Biotronik, Sahajanand Medical Technologies, Meril Life Sciences and Translumina Therapeutics are vying to expand their presence in India through investments in the coronary stent market, according...
Medtronic pilots novel ecosystem for ear treatment
In collaboration with a mobile health startup, a design firm and local health clinics, Medtronic is orchestrating improved diagnosis and treatment of ear infections and hearing loss in India. Medtronic is funding a 70,000 patient pilot but sees it as a program that’s both scalable and self-sustaining. Called Shruti, the programs has screened 11,000...
Medtronic lets Patients buy Implants on Installment plan
According to the Economic Times, Milind Shah, the India head of Medtronic, now offers its cardiac implants to patients in easy monthly installments. The firm, which started experimenting with the EMI (equal monthly installment) model in 2010 among the poor miners of Durgapur, is now offering the plan through 60...
How can you create a business model that unlocks an unserved market?
Heart disease is a common issue in India. In fact, studies showed that the country may now account for 60 percent of the world’s cases. A small minority of the popluation can afford proper cardiac care. Medtronic, the world's leading maker of medical devices, has decided to act positively on...