India made headlines in the cardiovascular business with the commercial approval of the Tria mitral valve, developed by Utah-based Foldax. This marks the world’s first regulatory clearance for a polymer-based heart valve. The Tria valve is crafted from LifePolymer, a proprietary, animal-free material. Its frame and leaflets are tailored using...
Nu Skin Plans to Enter India Market
Provo, Utah-based Nu Skin Enterprises, Inc., a multilevel marketing company, is currently facing significant challenges in customer and affiliate acquisition due to a tough macroeconomic landscape. Volatile foreign currency movements have also negatively impacted the company’s performance. The global macroeconomic situation is expected to remain difficult in the near term,...
Indian Institute of Technology's Rover Heads to Mars Mission Competition in U.S.
The Mars Society of India at the Indian Institute of Technology Bombay , is among the thirty-six chosen globally for the international university rover challenge organized by Colorado-based Mars Society, a space advocacy organization dedicated to the human exploration and settlement of the planet Mars. The contest will be conducted...
India's JVs Will Manufacture Rifles For Export
During DefExpo 2018, the defense exhibition that took place at Chennai this month, companies from India signed joint ventures with foreign arms manufacturers to make some of their products in India. Utah-headquartered Desert Tech partnered with Nagpur, India-based Neco Group. The joint venture Neco Desert Tech Defense, will make rifles that...
Utah Firm Markets Pharmaceutical Ingredients in India
Plandai Biotechnology Inc., based in Utah, has concluded a deal with Bangalore-based Bal Pharma for the distribution of its ingredients in India. Bal Pharma, which manufactures and exports pharmaceutical finished drugs and distributes nutraceutical constituents, will use Plandai’s Phytofare line of plant extracts in its own products and will also...