Pharma bodies flag risks of refurbished medical gear importsMedical device manufacturers are urging India's health minister to revoke the policy allowing unchecked import of refurbished medical devic...
25 Oct, 2024, 12.15 AM IST
Operation buyout: KKR, TPG, and other PE firms eye purchase of India's largest cardiac stent maker SMTMorgan Stanley PE Asia and Samara Capital collectively own 49% of the company while Kotak Pre IPO Opportunities Fund holds 6%. The Kotadias...
20 Aug, 2024, 11.47 AM IST
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
Many high-risk medical device manufacturers stop productionEarlier this year, the Central Drugs Standard Organisation (CDSCO) had set the October 1 deadline for bringing 'class C' and 'class D' medi...
04 Oct, 2023, 01.04 AM IST
Intuitive surgical sees robotic systems demand surge in IndiaIntuitive Surgical known for its robotic surgical system da Vinci, said it is seeing post-Covid demand surge from hospitals in India, as th...
14 Aug, 2023, 01.17 AM IST
Stryker opens new global technology center in GurgaonStryker established its first R&D facility in India more than 15 years ago to provide engineering support to R&D functions in domestic and ...
07 Jun, 2022, 05.22 PM IST
A cardiac surgeon, a robot, and the Make in India dreamAt a time when Make in India was all show no substance, a cardiac surgeon gave up his life savings to show the true meaning of the agenda a...
13 Nov, 2021, 09.31 AM IST
Operating rooms turn to Zoom-like technology for the age of CovidAvail Medsystems, a Palo Alto-based startup, is promising a better way for managing operating-room crowding in the age of Covid.
08 Oct, 2020, 10.04 AM IST
Masks to help fashion brands beat pandemic bluesSeveral apparel makers and fast-moving consumer goods companies had earlier stepped up to produce medical-grade masks as a philanthropic ac...
09 May, 2020, 12.21 AM IST
Electronics companies seek duty waiver on mask machinesElectronics companies including leading phone makers are making masks for donating to front line workers fighting the Covid-19 outbreak but...
20 Apr, 2020, 11.26 PM IST
Apax leads race for Rs 2,600 crore sutures dealHealthium Medtech is a manufacturer and exporter of absorbable and non-absorbable sutures, surgical mesh, gloves and surgical tapes in a ma...
05 Mar, 2018, 11.05 AM IST
China’s crackdown on polluting factories hits India’s imports of refractory materialPollution control measures in China have intensified since the beginning of May, with Beijing shutting down most bauxite mines in Shanxi an...
04 Aug, 2017, 08.25 PM IST
Kedaara Capital buys 13% in Bengaluru-based surgical equipment maker Sutures IndiaThe company, which is moving into some international markets, has seen healthy growth in revenue and the trend is expected to continue.
02 Jul, 2016, 05.20 AM IST
US Firm Stryker banks on India R&D to gain edge in emerging marketsStryker said the product, branded System G, is expected to be commercialised soon and that it will be positioned in the mid-tier segment of...
09 Apr, 2016, 10.32 AM IST
TPG Capital may buy surgical equipment company SuturesTPG has ambitions of making it a large medical devices company adding more products like special orthopedic implants and plastic casts.
23 Jun, 2014, 11.34 AM IST
Haryana industry shares resources to fight Chinese competitionHaryana's micro & small scale industry is opting for common facilities under cluster development programme to tackle Chinese competition.
17 Sep, 2013, 10.42 AM IST
- Govt approves 21 FDI proposals worth Rs 36 cr
The government on Friday cleared 21 foreign direct investment proposals envisaging Rs 35.6 crore investment, including Rs 27 crore proposal...
31 May, 2003, 06.44 AM IST