Warburg buys majority stake in ophthalmic device company AppasamyWarburg Pincus buys majority stake in Chennai's Appasamy Associates, a top Indian ophthalmic equipment and IOLs manufacturer. Appasamy CEO ...
11 Apr, 2024, 01.10 AM IST
Warburg Pincus acquires Chennai's Appasamy AssociatesPSN Appasamy's Appasamy Associates, a key player in Indian ophthalmic market, focuses on affordable equipment and cataract surgeries. Warbu...
10 Apr, 2024, 08.17 AM IST
Novel contact lenses to diagnose glaucoma developedThe novel contact lenses contain micro-sensors that monitor changes in eye pressure, which is a sign of possible glaucoma. The data collect...
17 Jan, 2024, 05.28 PM IST
Former MP says Alcon intraocular lens turns opaque, seeks Health Ministers interventionFormer MP, Dr Vikas Mahatme has written to India's Union Health Minister about Alcon, a multinational company that produces intraocular len...
23 Jun, 2023, 08.34 PM IST
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 ...
25 Sep, 2019, 04.22 PM IST
Government notifies 15 medical devices as drugs for price regulationApart from catheters, stents and orthopaedic implants, the list also includes heart valves, intra-ocular lenses, syringes and needles.
25 Sep, 2019, 03.34 PM IST
Niti Aayog to work on boosting Make in India for medical devicesThe discussion was held in the run up to a meeting of a committee of secretaries that will be chaired by Niti Aayog CEO Amitabh Kant.
31 May, 2018, 08.01 AM IST
Fearing more price control, medical device companies propose government to voluntarily cut pricesSeeking to preempt further govt intervention, an association representing medical companies, has asked NPPA to limit trade margins of devic...
02 Sep, 2017, 01.13 PM IST
Implants in repeat knee surgeries can cost as much as Rs 9 lakh: Pricing RegulatorA revision knee surgery requires a completely different implant and instrument set, according to companies that manufacture knee implants.
10 Aug, 2017, 01.02 AM IST
Medical device: Government going slow on price caps due to US concernsA key proposal suggested by health activists and doctors is to include all medical devices under the definition of ‘scheduled drugs’ under ...
30 Jun, 2017, 11.26 AM IST
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.
30 Jun, 2017, 11.14 AM IST
Focus shifts to expensive pacemakers, lenses, cathetersAfter the capping of cardiac stent prices, the Rajya Sabha petitions committee has turned its attention to overpricing of other medical dev...
11 May, 2017, 01.00 PM IST
This pair of smart contact lens may diagnose diabetes, glaucomaSince blood sugar can be measured with tears, many attempts have been made to monitor diabetes with contact lenses.
06 May, 2017, 09.51 AM IST
Put price cap on medicines, hip & knee implants: Doctors to PMIn a letter to PM Modi, the Alliance of Doctors for Ethical Healthcare (ADEH) said these drugs and implants are also charged "exorbitantly"...
27 Feb, 2017, 10.40 PM IST
14 more medical devices may see price regulationThe National Pharmaceutical Pricing Authority (NPPA) has begun scrutiny of such devices, even asking makers to log in every detail about th...
21 Feb, 2017, 11.17 AM IST
Government mulling conducting all eye operations through phaco surgeryPhacoemulsification (phaco surgery) is a modern cataract surgery in which the eye's internal lens is emulsified with an ultrasonic handpiec...
03 May, 2016, 04.55 PM IST
Budget 2016: Medical device industry hopes for 'Make in India' sopsIndustry representatives are waiting for sops like increased fund allocation and tax holidays to push manufacturing in the sector.
28 Feb, 2016, 04.07 PM IST