Medical Devices & Diagnostic

Medical Devices Industry Reiterates Need for Separate Regulatory Framework December 20, 2023 The industry has been advocating for a distinct legal framework, arguing that medical devices require unique regulations separate from those governing drugs and cosmetics.

Terumo India Launches Innovative Ultimaster Nagomi Drug-Eluting Stent for Coronary Artery Disease Treatment December 19, 2023 The Ultimaster Nagomi stands out for its adaptability to arteries of varying sizes, ensuring a personalised approach to coronary treatments for a broader range of patients.

Impelsys Unveils Advanced Medical Devices Testing Lab in Mangalore December 19, 2023 Owing to the wide adoption of technology in healthcare, the lab is specifically designed to support hospitals and wellness centres in offering safe and secure care to patients while enabling medical device OEMs to bring their products to market more efficiently.

India Records $464 Mn Surge in MedTech FDI in First Three Quarters: MTaI December 18, 2023 The MedTech foreign direct investment (FDI) trajectory in 2023 began with $39 million in Q1 (Jan-Mar), surged to $301 million in Q2 (Apr-Jun), and saw an inflow of $124 million in Q3 (Jul-Sep).

Molbio Diagnostics & Testi Technologies Collaborate to Introduce Saliva-Based Alcohol Test December 15, 2023 PROMILLESS, a user-friendly self-test kit developed in partnership with VTT, the Technical Research Centre of Finland, is a CE-approved class 1 device.

Lupin Diagnostics Expands Reach with New Regional Reference Laboratory in Chennai December 15, 2023 This move is part of Lupin Diagnostics' broader strategy to extend its diagnostic network, comprising 36 laboratories and over 600 collection centres throughout India.

Nephrocare India Aims to Establish 300 Renal Care Centres by 2033 December 15, 2023 By March 2026, the institution aims to have 22 high-end facilities, with four centres planned for the current fiscal year.

Sterling Accuris Diagnostics Expands Portfolio with Acquisition of Vaibhav Analytical Services December 14, 2023 The acquisition, as shared by Rajiv Sharma, MD of Sterling Accuris Diagnostics in an official statement, aims to broaden the scope of services, particularly in pharmaceutical analytical testing.

AstraZeneca India Partners with Roche Diagnostics to Improve Diagnostic Testing December 13, 2023 The initiative focuses on streamlining HER2 diagnostics with newer advancements in cancer treatment. Further, the partnership will offer comprehensive training initiatives for pathologists and medical oncologists.

TN-Based Polymatech Electronics Introduces Solution for Accurate Vein Detection December 12, 2023 The newly launched device features high-definition vein detection, delivering real-time full high-definition visualisation (1920 X 1080) for clarity in identifying subdermal veins. Further, the device weighs five 5 lbs. which offers convenience to healthcare professionals across various medical settings.

ICMR Seeks Collaborations for 'Made in India' Non-Invasive Haemoglobinometer Devices to Combat Anaemia December 11, 2023 The primary objective of this initiative is to expand the network for effectively screening anaemia across various age groups throughout India.

Telerad Group Unveils AI-Based Solution for Pulmonary Embolism Detection December 1, 2023 PE Assist is designed to assist radiologists in identifying and communicating suspected positive findings of pulmonary embolism in chest CT angiograms. This facilitates quicker intervention, potentially saving lives.