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Morepen Labs to spin off medical devices unit into separate entity
The move aims to unlock value and enhance focus on this segment.Read more
Poly Medicure calls for import substitution in upcoming Budget; Himanshu Baid
Currently around 70% of medical devices and equipment worth nearly Rs 500 billion used in India are imported. The current duty structure for these imports ranges from 7.5% to 10%.Read more
Temasek in talks to buy Rs 9 billion stake in medical equipment firm Tynor
The person further said that Temasek has bid for an up to 30-35% stake in the company for $100-120 million.Read more
PSAIIF files PIL against ‘dumping’ of medical devices
Experts say the market for medical devices in India is largely dominated by imports of used and refurbished and reconditioned products. Read more
Positioning technology solutions ensure reliability in medical equipment design
Positioning technology solutions ensure reliability in medical equipment designRead more
Festo’s patented VTEM is first digitalised pneumatics platform in the world
The Indian arm of global multinational, Festo is functioning for over two decades in the Indian market. The company has a rich experience with developing new products and solutions over the time meeting the customer demands. R Joshi, Managing Director, Festo India in this interview tells us more about such innovations in digitalisation lead. Read more
Bonfiglioli donates Rs. 28 million to fight Covid-19 in Chennai and Pune
Bonfiglioli donated Rs. 28 million worth of Covid-19 Medical Equipment and Essentials to Government Hospitals in Chennai and Pune.Read more
CEVA Logistics launches medical equipment installation service in India
This service by CEVA’s expert team will be responsible for unpacking, installing and setting up equipment such as MRI (magnetic resonance imaging) scanners, cath labs, digital radiography machines and CT (computerised tomography) scanners on behalf of a number of global manufacturers.Read more