Sometime ago Bank of America made news by appointing India’s richest man (and major BofA client) Mukesh Ambani to its board of directors. Now a top medical device company, Medtronic has named Preetha Reddy, managing director of Apollo Hospitals Enterprise Ltd.,a division of India’s premier hospital chain Apollo Group, as...
Medtronic to design low-cost pacemakers for India, China, Bangladesh
With 46 percent of its $16 billion in annual revenue hailing from foreign shores, Medtronic, the world's biggest medical devices company has an ambitious goal to develop new and cost-effective products such as pacemakers for the poor, while simultaneously selling its existing ones to the growing middle classes in emerging...
American Pacemakers Find Life Beyond, In India
Many heart patients in India are too poor to afford pacemakers. But a studypublished in the American Journal of Cardiology has found that removing pacemakers from deceased Americans, resterilizing the devices and implanting them in Indian patients "is very safe and effective." according to Science Daily. Fifty-three poor patients in...