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CATHETERS MANUFACTURING INDIA
Healthium Medtech CEO Anish Bafna steps down, moves to non-executive chairman roleHealthium Medtech's CEO Anish Bafna is transitioning to non-executive chairman as KKR-owned company seeks a new chief within a month. Bafna...
Wealth creation is also about ignoring noise on the street: 15 mid- and small-cap stocks from different sectors which fit the billIn the April 2022-September 2024 bull market, every management appeared capable. Margins expanded, working capital looked manageable, capit...
India medical device shortage: Polypropylene price surge threatens syringes, IV bags amid Iran warIndia's medical devices industry faces a polypropylene shortage due to the Iran war, causing a sharp price increase of over Rs 55 per kg. T...
Romsons International: Pioneering Indian medical device manufacturingThe category winner of the ET MSME Awards 2024 has evolved from being a humble lab equipment maker in the 1950s to becoming an exporter par...
Lubrizol, Polyhose to set up manufacturing facility in Tamil Nadu to make medical tubingLubrizol, a Berkshire Hathaway company, is partnering with Polyhose to establish a medical tubing manufacturing plant in Tamil Nadu, India....
SII manufactured BCG vaccine gets export nod to treat bladder cancerThe Serum Institute of India has been granted permission to export its BCG vaccine to Canada for the treatment of bladder cancer, following...
Rubber farmers relieved as glove units may openKanam Latex Industries, leading supplier of gloves in the country, was able to resume partial operations in its Tamil Nadu units a week aft...
After stents, government mulls price cap for four more devicesAround four critical devices, apart from cardiac stents, which is already under price control, are likely to be brought under the National ...
Last chance for medical devices firms to submit price data: NPPAThe devices include catheters, heart valves, orthopaedic implants, disposable hypodermic syringes and needles, surgical dressings and inter...
Surgical strike! Prices of drug eluting stents cutCoronary stents are wire mesh tubes inserted into coronary arteries to clear blockages and prevent heart attacks.
Drug eluting stents expected to get cheaperThe maximum price that patients should pay for drug eluting, bioresorbable vascular and biodegradable coronary stents was reduced to Rs 27,...
Domestic stent manufacturer SMT raises Rs 250 crore from Morgan Stanley PE & Samara CapitalThe proceeds from the transaction will be used to finance SMT’s strong organic growth, achieve synergistic acquisitions and build an aggres...
Companies, hospitals make a killing out of medical devicesDistributors in the supply chain earn a profit margin ranging from 20%211% on balloon catheters and 64-119% on guiding catheters.
Government may rejig duties on medical devices to help 'make in India'The government is considering duty revision to make expensive medical devices such as stents, catheters and knee joints available locally a...
Government set to cap prices of essential medical devicesThe list is likely to include high-end medical devices such as stents, catheters and other such implants which are currently very expensive.
Budget 2015: Government may increase duty on imported medical devicesGovernment's proposal to increase the duty is aimed at encouraging companies to manufacture in India in line with PM Modi's 'Make in India'.
- Price cut talks with pharma MNCs on hold
Reduction in prices of costly imported drugs and medical devices such as stents would remain a pipe dream for some more time.
- Networth puts 'buy' on Opto Circuit India; target Rs 429
Networth Stock Broking has initiated coverage on Opto Circuit India with a 'buy' recommendation and set a one-year price target of Rs 429, ...
- 'Tap global potential for health care products'
President A P J Abdul Kalam asks Indian companies to tap the vast potential for health care products in the international market.
- Testing times but no one’s complaining
Relisys Medical Devices is the only domestic manufacturer of coronary stents, devices that help clear blocks in blood vessels.