Medical Devices

Zydus Lifesciences: Time to accumulate the stock?

Tariffs pose a near-term risk. However, Zydus’s focus on novel drugs and the foray into medical devices are key moves to watch

Jashvik Capital and Futura Surgicare to jointly build products for medical industry

The Indian medical devices opportunity is large and growing – roughly $11.25 billion of domestic demand and $3 billion of global demand that can be serviced from India

Race for Apax Partners promoted Healthium Medtech: KKR seen as lead contender

In 2018, British private equity firm Apax Partners acquired Healthium Medtech from investors including TPG Growth and CX Partners

Wipro GE Healthcare to invest Rs 8,000 crore in 5 years on medical devices manufacturing, local R&D

The company, a leading global medical technology, pharmaceutical diagnostics, and digital solutions provider, said as a part of the investment, its 'Made in India' PET CT Discovery IQ scanner will be exported to 15 countries.

AM Naik, Madhusudan Kela invest in medical devices company S3V Vascular Technologies

The company will use the funds to build a Rs 300-crore integrated manufacturing facility for neurovascular devices at Mysore. 

India, US to increase engagement to address issues in medical devices trade

The issue came up for discussion during the 14th Trade Policy Forum (TPF) meeting here. It was co-chaired by US Trade Representative Katherine Tai and Commerce and Industry Minister Piyush Goyal here.

L&T Tech Services collaborates with NVIDIA to reveal advanced architecture for medical devices

The partnership makes use of the NVIDIA Holoscan and NVIDIA IGX Orin platforms, which have ultra-low latency in data transport, improved image processing, and scalability to support a variety of AI-enabled applications

India could become a medical devices powerhouse

The Indian medical device industry is at an inflection point and the current policy could trigger the next phase of its growth

Delhi HC upholds Centre's decision to include all medical devices as drugs

The court said the decision to include all medical devices as “drugs” was a policy matter and no case for interference was made out as there was no arbitrariness or unreasonableness.

Medical devices makers body AiMed asks govt to withdraw order on import of used medical devices

Through a notification issued on June 19 this year, the government decided to allow the import of "high-end and high-value” used medical equipment other than critical care medical equipment, AiMeD stated.