Friday, January 15, 2021
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COVID-19 restricted access to healthcare in India: Paper

The whitepaper entitled ‘The MedTech Industry in India – COVID-19 and Beyond’ prepared by PwC for Medical Technology Association of India (MTaI) reveals that the sales of most medical devices fell drastically, recovery visible only by the fourth quarter of 2021.......................

MedTech sector likely to recover to pre-COVID levels in H2-2021: MTaI

As per the Medical Technology Association of India, a nuanced policy approach is required to ensure recovery happens. It has cited 5% health cess, rupee depreciation, cost escalation, pricing restrictions as major hurdles in recovery and future investments................

MTaI welcomes CDSCO’s latest move to boost ease of doing business...

Medical Technology Association of India has welcomed two latest notices from the Central Drugs Standard Control Organization (CDSCO) that address operational and regulatory challenges faced by the medical device industry...........

MTaI urges govt to release stalled imports of medical devices

Many consignments of essential medical devices imported by these companies are held up at various Indian ports since 22nd June 2020...............

MTaI seeks resumption of elective surgeries in hospitals

As per the Medical Technology Association of India, elective surgeries account for approximately 50% of revenues for hospitals in normal business conditions and reduced revenues have curtailed hospitals’ ability to pay for supplies, thereby severely disrupting entire healthcare value chain................

COVID-19: MTaI seeks special attention for MedTech sector

The Medical Technology Association of India (MTaI) has urged the government to provide some relief and help the healthcare sector sustain in these testing times.....................

COVID-19: MTaI seeks urgent govt support for MedTech sector

Medical Technology Association of India has requested the government to consider giving tax and duty exemption (GST, Basic Customs Duty) to the medical device industry to cope with the liquidity challenges during this time................

COVID-19: MedTech industry implores govt to maintain liquidity in the healthcare...

As per Medical Technology Association of India (MTaI), the sector does not come under that group of industries that have the liberty to charge interest on delayed payments or have the breathing space to offset these extra expenses.........................

Centre-state lack of coordination delivers medical supply chain a sucker punch:...

The state governments, as per the Medical Technology Association of India are clamping down manufacturing, warehousing, distribution, of medical devices and equipment and have not understood that this 21-day lockdown is to prepare the hospitals for the tidal wave of patients........................

Rationalize taxes & duties in budget 2019-20: MTaI

Medical Technology Association of India has submitted its budget recommendations to the Union Finance Ministry with the demand to reduce taxes and duties on medical devices.....................