A TECHNO-ECONOMIC NEWS MAGAZINE FOR MEDICAL PLASTICS AND PHARMACEUTICAL INDUSTRY

Vol. 31  No. 4  November - December 2023

Advertisers' Index

Accuprec Research Labs Pvt. Ltd., India
Ambica Medicare Engineering, India
Bry-Air Asia Pvt. Ltd., India
Nu-Vu Conair Pvt. Ltd., India
Celanese Corporation, India
CLS Pvt. Ltd., India
Carclo Technical Plastics Pvt. Ltd., India
ET Elastomer Technik, Germany
Eewa Engineering Co. Pvt. Ltd., India
I-Kare Polyalloys Pvt. Ltd., India
KLJ Group, India
Lubrizol Advanced Materials India Pvt. Ltd.
Map Industries, India
Milliken & Company, India
GLR Laboratories Pvt. Ltd., India
HighRichja Precision Extrusion Machinery Co. Ltd., China
PVC Colouring Compounding & Processing, India
Qosina, USA
R.R. Patel Gases (P) Ltd., India
Raumedic AG
SMC Medical Manufacturing Pvt. Ltd., India
Tekni-Plex India Pvt. Ltd., India
Yizumi India

Airways Surgical Pvt. Ltd., India

Alpha Medicare and Devices Ltd., India
Alpha Therapeutics Pvt. Ltd., India
Angiplast Pvt. Ltd., India
Beacon Plastics, India
Delux Surgical, Inida
International Certification Services Pvt. Ltd., India
Jain Rubbers Pvt. Ltd., India
Life-O-Line Technologist, India
Leelavathy Medical Device Company, India
SEC Global Consulting & Initiative LLP, India
SkyValue, India
Surgi Pack India Pvt. Ltd.
Amigo Surgi Care Pvt. Ltd., India
Apex Medical Devices, India
Jimit Medico Surgicals Pvt. Ltd.
Morrisons Lifecare Pvt. Ltd., India
National Healthcare, India
Pharmadocx, Inida
S. Nath & Co., India

Unikal Consultants, India

Editorial

MedTech Innovations

The Cover-Story in this issue highlights “What it takes to drive Innovation in India’s Medical Device Sector.

A detailed report by KPMG along with “Asia Pacific Medical Technology” has rightly mentioned that “Collaboration among stakeholder in India could be the key to promoting further the development of quality, high-end medical devices that can pinpoint and address patient needs and offer sustainability”...

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Cover Story

What It Takes To Drive Innovation In India’s Medical Device Sector
A new report points out India's enormous potential to become a global medical device powerhouse.
Collaboration among stakeholders in India could be the key to promoting further the development of quality, high-end medical devices that can pinpoint and address patient needs and offer sustainability...

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India’s Medical Devices Soar with Tech Innovation

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Medical Device Innovation : 3D Printed Infant Masks, A Success Story for Silicone in the Medical Sector
This burgeoning sector presents increasing demands on materials, especially in the diverse realm of medical 3D printing, encompassing orthopaedics, dentistry, and surgery Silicone, in particular, is gaining prominence in medical applications due to its unique properties...

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Book Review

“TOP 100 INDIAN INNOVATIONS” with focus on Healthcare Innovations
- Dr A S Rao, Founder President, Indian Innovators Association
Healthcare innovations take lion's share of the top 100. Many innovators are practicing medical professionals and others in bio-technology have strong linkages with research institutions.
This publication shares several cases of industry-academia linkages, technology spill over startups and technology licensing opportunities like.
• Dialysis-Grade Membranes – Prof. Jayesh Bellare, IITB Mumbai
• Protonated Bio-Adhesive Polymer Technology (PBT) – Axio Biosolutions, Bangalore

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Medical Device Policy

Revolutionising Indian Healthcare Sector Through New Medical Device Policy 2023
- Mr. Jatin Mahajan, Managing Director, J Mitra & Company, Secretary, Association Of Diagnostics Manufacturers Of India
Indian Government notified the New Medical Devices Policy 2023 (NMDP2023) in April 2023 which outlines an extensive range of measures to foster the growth and advancement of India's healthcare industry explicitly emphasizing medical devices sector...

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Manufacturing

Sterilization Of Health Care Products By Gamma Radiation
- Mr. Amit Srivastava, DGM, Board of Radiation and Isotope Technology, ISOMED, Mumbai ISOMED — India's First gamma Radiation sterilization facility
ISOMED the first radiation plant for sterilization of medical products, was set up in India in the year 1974 by Department of Atomic Energy at Trombay Mumbai with assistance of UNDP. Setting up of ISOMED had ushered in the radiation sterilization era in the country . In the last four decades of operation, ISOMED served over 1600 manufacturers of medical products and pharmaceuticals in the country...

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Materials

Silicones In Critical Care: Six Life-Sustaining Applications For Medical-Grade Silicone
When it comes to designing new devices, there is an important place for medical-grade silicone materials across virtually all med tech fields, including prosthetics, dental, patient monitoring, and wound care management. Silicones are making a difference to the comfort and safety of dangerously ill patients...

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Global Trends

Medical Device's Environmental Impact Can Challenge Innovation: Report
The report by GlobalData - a leading data and analytics company, shows that the industry finds itself at a crucial juncture, balancing technological advancements with sustainable practices. Pressure from the private sector (customers, investors, workers) is still an important factor driving environmental, social and governance (ESG) action by medical device companies...

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Global Market - Medical Devices

Dominican Republic Medical Devices Market
Mr. Amit Dave, M. Pharm, MBA, Former CEO – Brazil Operations/Vice President Export – Zydus Cadila Claris Lifesciences
The second-largest country in the Caribbean region shares a close relationship with the United States. Dominican Republic Highlights: Easy Regulatory Framework, Large Market in the region, Better realizations, A very large opportunity for equipment and orthopedic devices...

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AiMeD & Regulatory Updates

  • Health Min Launches Platform to Boost Domestic Medical Devices Industry
  • AiMeD, DRISP Russia Join Hands To Exchange Information On Economic And Commercial Matters
  • Centre readies to regulate Medical Device alongside Drugs; industry expresses dismay
  • DoP adds more devices to PLI scheme for medical devices and invites fifth round of applications under Category B

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Industry News

  • India's MedTech Sector Attracts Record $464Mn FDI In 2023's First 3 Quarters : Report
  • Karnataka govt extends seed funding to support start-ups in biotech med-tech and healthcare sectors
  • Rules of origin for medical devices sector remains a sticking point under India-UK proposed FTA

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Product Gallery

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Did You Know?

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In a Nutshell....

"Innovation is not just the birth of an idea, but its journey to reality. And that journey is championed by the talented
individuals who dare to dream, who dare to challenge, who dare to disrupt"

- Ernest Cavin, VP International Sales
Ziemer Ophthalmic Systems

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