Page 6 - Medical Devices

Govt orders to prefer local medical devices, cut imports by Rs 4,000 crore

India is largely dependent on imports for medical devices, and ships in around Rs 42,000 crore worth of devices

Govt gives nod to several firms under PLI scheme for medical devices

The government has approved applications from several medical devices manufacturers under the Production Linked Incentive (PLI) scheme for the promotion of domestic manufacturing

Tamil Nadu proposes to set up bulk drug, medical devices parks near Chennai

The bulk drug park is will be located in Tiruvallur district in an artea of 2,000 acres. The proposed cost for developing this project is Rs 2,153 crore

Budget 2021-22 wishlist: Here are the key challenges in health care sector

Close to 75% of medical devices are imported leading to forex loss

License required to import, manufacture medical devices: CDSCO

Importers and manufacturers require to take licence for the import and manufacture of nebulizers, BP monitoring devices, digital thermometers, and glucometer

Omron Healthcare India eyes 27% revenue growth to Rs 150 cr in FY21

Medical devices maker Omron Healthcare India is eyeing 27% rise in revenue to Rs 150 cr in FY21 on the back of increased awareness about home monitoring among people, a top company official said

Snapdeal sees surge in sale of health monitoring devices amid lockdown

The demand for pulse oximeter has spiked more than 300 per cent since the first Covid-19 case was identified

Medical equipment to help keep you safe and monitor your well-being at home

Here are some gadgets that can help with that and advice from experts on how to use them.

UAE lab develops device to enable much faster Covid-19 mass screenings

The Covid-19 cases in the UAE stand at 25,063. The deadly virus has also claimed 227 lives in the country.

Covid-19 impact: India looks to lure more than 1,000 US firms out of China

In talks with Medtronic and Abbott on relocating units

IndiGo may expand cargo ops to China, Malaysia to ferry essential goods

Most of these flights have been operated on a "Free-of-Cost" basis to ferry medical equipment and other essentials

Local industry cries foul over nil import duty on Covid-19 medical supplies

Indian players who have invested in their units to rise up to the occassion say they may end up with idle capacity once Chinese firms ramp up production and bring prices down

Medical supply & Ayurveda: Modi, Trump talk ways to tackle Covid-19 crisis

The telephonic discussion came at a time when both the countries are in the grip of the COVID-19 pandemic

Covid-19: EU waives duties, VAT on imported medical devices until July 31

The decision will make them one-third cheaper. For ventilators, the average value-added tax rate is 20%

Govt approves scheme to boost domestic manufacturing of medical devices

The Union Cabinet headed by Prime Minister Narendra Modi also approved another promotion of medical device parks scheme worth Rs 400 crore for financing common infrastructure facilities

Days ahead of trade talks, US unhappy with cess on medical devices

US Trade Representative Robert Lighthizer is set to visit New Delhi next week

Scientists develop new 'smart' bandage to help heal hard to treat wounds

Scientists have developed a wirelessly-controlled bandage, and a smartphone-sized platform that can precisely deliver different medications to facilitate the healing of hard to treat wounds. The bandage is equipped with miniature needles that can be controlled wirelessly -- allowing the drugs to be programmed by care providers without even visiting the patient, according to the research published in the journal Advanced Functional Materials. "This is an important step in engineering advanced bandages that can facilitate the healing of hard to treat wounds.The bandage does not need to be changed continuously," said Ali Tamayol, an associate professor at the University of Connecticut in the US. Given the range of processes necessary for wound healing, different medications are needed at different stages of tissue regeneration. The bandage can deliver medicine with minimal invasiveness, said researchers, including those from the Harvard Medical School in the US. With the platform, th

Medical devices to be treated as drugs from the next financial year

To be regulated under the Drugs and Cosmetics Act, says a notification by govt

India permits export of some medical gears to China to combat coronavirus

The decision came a day after Prime Minister Narendra Modi wrote a letter to President Xi Jinping offering solidarity and assistance to deal with the coronavirus outbreak in China

Patients to bear the brunt of additional 5% health cess on device imports

Till date, the customs duty was 7.5%, plus educational cess. With an additional 5% health cess