Wednesday, October 27, 2021
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Tag: Medical Devices

C-CAMP sets up facility to help MedTech startups

Dr Renu Swarup, Secretary, Department of Biotechnology and Department of Science and Technology, inaugurated the facility named `µFab’ through an online event..............................

Morepen Labs to transfer medical devices business into a wholly-owned subsidiary

Transfer is expected to be completed on or before 31st March 2022, subject to receipt of requisite regulatory approvals and fulfilment of customary closing conditions..............................

AI powered noise print anti-copy labels to protect drugs & medical...

A multi-lingual horizontal mobile app to authenticate products for the pharmaceutical and medical device industry with results in multiple (15 vernacular) languages with audio button for the consumer to hear the result..................

Govt caps trade margin up to 70% on price to distributor...

By invoking extraordinary powers in larger public interest National Pharmaceutical Pricing Agency (NPPA) has capped the trade margin up to 70% on price to distributor level on five medical devices........................

MTaI welcomes NPPA move to cap trade margins of oxygen concentrators

Medical Technology Association of India has stated that the #NPPA's move to cap prices of oxygen concentrations will provide reasonable margin for players, while at the same time usher in affordability for patients.......................

AiMeD opposes GST exemption on medical devices, suggests MRP cap formula

In a letter to Finance Minister, the Association of Indian Medical Device Industry (AiMeD) has opposed GST exemption on Medical Devices as it is counterproductive and anti Make in India..............................

Manpower shortage hits HMD as it targets 1 billion syringes by...

The company is on a recruitment drive to increase the production capacity of auto Disable Syringes to 100 Crore by June 2021. It has timely delivered 21.75 Crore syringes by April end to the government..............................

New regulatory regime for 8 medical items under Drugs & Cosmetics...

The transition time of six months allowed for ensuring supply chain continuity and access while implementing their regulatory order under Medical Devices Rules (2017)........................

AiMeD lauds revised notice on medical devices PPO, says it will...

The Association of Indian Medical Device Industry (AiMeD) has called it a great relief to the 85 percent import dependence and an ever-increasing import bill of over Rs. 42,000 Crore.......................

Govt has allocated over Rs.10,000 crores in PLI scheme for bulk...

Citing the recent UNCTAD report, DV Sadananda Gowda, Minister for Chemicals and Fertilizers also pointed out India’s positive FDI growth even with a decline in FDI of 42% globally.....................