Category — Healthcare
Philips Healthcare Innovation Center (HIC) in Pune designs and makes equipment for local and global markets. In two years the facility has successfully doubled unit growth, launched global products, filed multiple patents and received significant investments.
Their most recent innovation is the MobileDiagnost Opto, a mobile digital x-ray system that helps radiologists with consistent diagnostic image quality.
With a R&D and innovation team at neighboring cities Pimpri and Chakan the Healthcare Innovation Center supports Philips’ local and global strategy in image-guided therapy. It also manufactures ‘fixed’ imaging equipment for minimally invasive treatment of life threatening ailments like cardiovascular diseases reports Business Standard.
Sameer Garde, president, South Asia, Philips Healthcare, said the medical devices and equipment market in India was pegged at $4.8 billion and 75 per cent of the products were imported. “We want to bring down these numbers and HIC will play a crucial role. The products manufactured at HIC grew 24 per cent year-on-year. We expect HIC to grow faster than in 2014,” he said.
May 6, 2015 No Comments
DuPont Nutrition and Health has inaugurated an Innovation Application Center for the food industry in Gurgaon, a suburb of the capital New Delhi. The facility in Gurgaon will initially employ 20 staff members by the end of this year. The Denmark-based biosciences company will work closely with its regional partners on the development of flavors and ingredients reports Industrysourcing. In addition to the center, DuPont owns a blending facility for specialty ingredients in Sohna, in the neighboring state of Haryana.
“According to industry estimates, the food industry in India is growing between 15 and 20% annually. We recognize that while the science of food is global, the taste and flavors of food are local,” said Matthias Heinzel, president of DuPont Nutrition & Health. “Our India Innovation Application Center coupled with the DuPont Innovation Center network leverages a wealth of knowledge, science expertise and experience from all our experts globally,” he added.
DuPont is also working closely with Indian companies to develop probiotics for gut and immune health.
May 6, 2015 No Comments
The Indian government has announced that it will set up special infrastructure for the manufacture of medical devices. Domestic production meets only 30% of the country’s requirement; most devices manufactured currently in India are low-end ones.
- The Medical Device Daily reports that the Association of the Indian Medical Device Industry (AIMED), lists India as the fourth largest market for medical devices in Asia and says it could be worth as much as $4.8 billion. AIMED says India is growing as a key market for medical and diagnostics devices and that the industry has seen growth of 15% to 20% per year over the last decade.
India relies on imports for almost 70% of its medical devices. This percentage shoots up to 87% if high-end devices like medical electronics, hospital equipment and surgical instruments are included.
A recent task force on promotion of domestic production of high-end medical devices and pharmaceutical manufacturing equipment has made many recommendations to ensure that processes, policies and procedures are in place to support and encourage investment in this sector to move up the value chain.
Some of the recommendations of the task force are:
- Setting up an independent body with representatives from other related government departments and industry to function as a single window to:
- create benchmarks
- to follow international best practices
- access international markets
- find new business partners abroad
- Setting up medical devices parks, and promoting start-ups right from incubation of technology to product development and market outreach
- Setting up manufacturing hubs and clusters in a public private partnership (PPP) mode under which the Indian government develops the infrastructure and the industry bears the recurring expenses
- Offering financial support which could involve low-cost funding subsidy to small and medium enterprises; and concessional tariffs for five to ten years
- Promoting incubation centers through appropriate incentives and cost sharing to address gaps in R & D capabilities
- Designating centers of excellence to support product development, validation and certification of the medical use of devices
- Setting up a skill development committee that will design curricula and provide vocational training to technicians to upgrade skills
- Setting up appropriate import duty structures to promote local manufacturing of quality medical devices and diagnostic equipment and separating regulatory pathways for clinical trials on medical devices
May 1, 2015 No Comments
A novel multi-functional medical diagnostic tablet device is undergoing pilot testing in India’s northern state of Jammu & Kashmir.
Dr. Kanav Kahol, the head of the Affordable Health Technologies Division at Public Health Foundation of India located in New Delhi, and his Indian engineering team have invented a device called the Swasthya Slate (“Health Tablet”) that aims to provide affordable healthcare to rural India.
The first prototype assembled in 2011 was a Bluetooth-enabled kit priced at $11,000. It used an off-the-shelf Android tablet and a four-lead ECG, medical thermometer, water-quality meter, and heart-rate monitor. The team then enhanced this with a 12-lead ECG and sensors for measuring blood pressure, blood sugar, heart rate, blood hemoglobin, urine protein and glucose. In June 2012, Kahol sent this device to 80 medical labs for testing. The labs reported that it was as accurate as the medical equipment they used.
By January 2013, Kahol’s team had incorporated 33 diagnostic tests, including those for HIV, syphilis, pulse oximetry, and troponin (which helps diagnose heart attacks). The team also built a variety of artificial-intelligence-based apps for frontline health workers into the device and reduced its cost to $800 per unit reports The Washington Post.
Swasthya Slate is able to record a patient’s medical history, basic medical indicators, and offer diagnosis on the basis of information collected. These readings and recommendations are transmitted in real-time to a central cloud database that arranges for medical help or suggests basic treatment in non-emergency cases, and India Today calls it a ‘game changer’.
In March 2014, the Indian government piloted 4,250 Swasthya Slates in six districts of the northern state of Jammu and Kashmir, and found that this device has been useful for use in remote areas; provides quicker diagnoses of many health conditions, and it has also significantly reduced administrative paperwork.
Kahol says that in high volumes, the Swasthya Slate can be produced for as little as $150 per unit.
May 1, 2015 No Comments
The Indian government’s decision to allow up to 100 per cent foreign direct investment (FDI) in the medical devices sector will attract U.S. firms to invest and manufacture in India, says Ajay Singha, executive director of the American Chamber of Commerce in India.
Earlier, the government had allowed 100 per cent FDI under the automatic route, both in greenfield and brownfield projects in the medical devices sector to encourage the manufacture of equipment such as diagnostic kits and other devices, reports Economic Times.
May 1, 2015 No Comments